I also like the idea and there should be a way to phase it in slowly so that it does not tank property values. Referendums that increase property taxes do get

I also like the idea and there should be a way to phase it in slowly so that it does not tank property values. Referendums that increase property taxes do get passed regularly. A big issue with LVT is that it seems it can easily result in displacement of residents. Long-time homeowners, especially those on fixed income may not be able to keep up with the increasing tax and will be forced to sell.