3 ms·
If it were redistributive instead of local that wouldn't be a problem, and excluding primary lived in properties gets rid of any moral hazard.
by kazagistar 6y ago
If it were redistributive instead of local that wouldn't be a problem, and excluding primary lived in properties gets rid of any moral hazard.
- JoshTriplett 6y agoBoth of those would be a substantial improvement, yes. At that point, you'd just have an unusual, specialized wealth tax. If you're going to change property taxes that much, though, you might as well go all the way to a land-value tax, which would also reduce problems with assessment and improvement.