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Re: One small problem...
I think you are overlooking another property right, that of the community over the infrastructure it has created. If a property owner uses the roads, sewers, bridges, street lights, schools, parks, libraries, and everything else whose presence enhances the value of land, why shouldn't he pay for the increase? If the community puts in a good ...
Posted to Hey Wait a Minute by Snarfangel on July 27, 2009
The Property Tax Casino
Americans love to gamble. In casinos or online. They throw money on the roulette table, where the odds would be fair except for that pesky 0 and 00. They love to buy lottery tickets; never mind that the expected return is about 50 cents on the dollar. But if property tax rates are raised, even by a miniscule amount, they are ready to man the ...
Posted to The Big Money by mathpol on March 27, 2009