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But it fails to account for property taxes which in many areas have increased dramatically.
by rdtwo 6y ago
But it fails to account for property taxes which in many areas have increased dramatically.
- eru 6y agoIf only! Property taxes are close to free of deadweight losses. (Only the proportion of property taxes that falls on the buildings etc causes deadweight losses. The proportion that falls on the value of the land is free of deadweight losses. See Land Value Taxes.)