opebo
Atlas Legend
Posts: 47,009
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« on: May 21, 2010, 04:41:03 AM » |
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They should be made progressive depending on house value, but lowered on rental properties below a certain market-rent level. In other words we should use high property taxes on homes, especially higher end homes, to subsidize a tax subsidy for low-rent housing.
For example, the tax on a high end home - say $250K or more, should be doubled, but the tax on an apartment complex with $500/month apartments, or a trailer park, should be halved.
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