Fair. Property tax can be one of the most reliable and effective ways for a locality to raise revenues, but that doesn’t mean that we can’t mess it up. I mentio

Fair. Property tax can be one of the most reliable and effective ways for a locality to raise revenues, but that doesn’t mean that we can’t mess it up. I mentioned how New York has some wonky laws and this is doubly true where real estate is concerned. But these are not issues with property tax per se but with New York’s government. In California there are huge issues with property tax owing to prop 13 and its consequences. But these are very different and a lot of people suggest that California’s lack of a property tax is highly regressive. My point is that the specificity is important for establishing the context.