> We tax property without realizing a gain. Not only do we do that which dis-proportionally hurts the less wealthy more, but property taxes are assessed upon a

> We tax property without realizing a gain. Not only do we do that which dis-proportionally hurts the less wealthy more, but property taxes are assessed upon assessed valuations of which the homeowner who does not sell or gets loans upon that valuation obtains zero benefit from. So the insurance company (which also uses the valuation) and the property tax jurisdiction(s) obtain yield from the valuations that year, and do not endure a clawback when the valuations ever decline.