According to the article, tax receipts would double if property taxes reflected their current value. So we could repeal 13 and cut property taxes in half and s

According to the article, tax receipts would double if property taxes reflected their current value. So we could repeal 13 and cut property taxes in half and still have the same tax receipts we do now. As far as keeping “grandma” in her home, if she is sitting on $2 million in equity, why should she get to pay lower taxes than someone who first buys a $2 million house with minimal equity? Neighbors paying vastly different tax rates for similar properties is unjust. Their consumption of public services isn’t different but grandma pays less than the young family just getting started. That’s ridiculous. Not to mention grandma is probably living in a 5 bedroom house alone with her five cats — which is an underutilization of scarce housing resources. Taxation should be absolutely equal. I, for example, have kids in private schools, but I still have to pay property taxes to support the local public schools and get no deduction for that tuition despite me not consuming those resources. I’m ok with that because public schools are important, but when grandma next door pays a fraction of what I pay, it’s extremely unfair that I have to subsidize grandma. She isn’t my grandma.