I agree with you, but I'd also like to point out that property tax per se is a political decision that was made at some point. Lots of places do just fine with

I agree with you, but I'd also like to point out that property tax per se is a political decision that was made at some point. Lots of places do just fine with no recurring property tax whatsoever. [edit]: Anybody care to explain (or speculate) why this is being downvoted?