In most states, property taxes are what pays for schools, roads, libraries and things like that. When I was modernizing our state's motor vehicle registration s

In most states, property taxes are what pays for schools, roads, libraries and things like that. When I was modernizing our state's motor vehicle registration system, I had to account for those fees in every vehicle (cars, boats, mobile homes, etc) registration cost. The state constitution states that things can only taxed based on value. Taxed based on value: https://apps.legislature.ky.gov/Law/Constitution/Constitution/ViewConstitution?rsn=203 https://apps.legislature.ky.gov/Law/Constitution/Constitutio... Value based on fair market value: https://apps.legislature.ky.gov/Law/Constitution/Constitution/ViewConstitution?rsn=201 https://apps.legislature.ky.gov/Law/Constitution/Constitutio...