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That would be the single largest tax break in U.S. history, and all of the benefits would go to the wealthy, who don't need it.
by gamblor956 3y ago
That would be the single largest tax break in U.S. history, and all of the benefits would go to the wealthy, who don't need it.
- astrange 3y agoWouldn't it be a tax increase? The car dealership near me would no longer pay $1000 a year in property tax.
- intrasight 3y agoNeither a decrease or increase overall - at least not in PA where reassessments must be revenue neutral. What is does do is create equity in taxation. Formula should be super simple: my taxes = total budget * my assessment / total assessments. But with corruption and spineless politicians ...