3 ms·

I guess I'm confused; how is this not a description of the current system? How are LVTs supposed to make this kind of thing worse?

• oh_sigh 5y ago
  It may be in some areas, not in others - depending on how their tax system works. Prop 13(which has massive flaws and abuses) in CA is an example, as well as states which just generally have low property tax rates because they derive their revenue from other sources like income tax.