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Even a less “extreme” version would be: you pay 2x property taxes on your second home, 3x on your third etc. Sorted from lowest to highest property tax. So if
by janalsncm 3y ago
Even a less “extreme” version would be: you pay 2x property taxes on your second home, 3x on your third etc. Sorted from lowest to highest property tax.
So if your property tax on the first house (chronologically) is $1, and the property tax on the second is $5, you pay 1 + 5x2 = $11.
- shuntress 3y agoNot "Homes" (As in, properties in which you reside). Those could be taxed at the normal rate. I'm talking about anyone (including individual corporations) owning more than one property in which they do reside.