2 ms·
I do like taxes like this, but Property taxes are already really high in many states - its much higher than any other country in the world. It does have many do
by rb808 8y ago
I do like taxes like this, but Property taxes are already really high in many states - its much higher than any other country in the world. It does have many downsides, esp if you lose your job or want to retire and stay near your family.
- dredmorbius 8y agoMost property taxes are assessed on improved value. LVT is assessed on unimproved value. The former discourages development & density, the latter encourages it.