4 ms·
and if inflation is under 2% and the city always increases by the maximum of 2%, then eventually the value of the property tax paid will be infinite, right? How
by ghufran_syed 5y ago
and if inflation is under 2% and the city always increases by the maximum of 2%, then eventually the value of the property tax paid will be infinite, right?
How is that analysis useful?
- adrianN 5y agoIf you make property tax a fixed percentage of the value of the property, it automatically adjusts with inflation.