He’s saying property taxes are a necessary source of government revenue (that we all benefit from) but you shouldn’t have to pay it if it’s a primary residence and there should be a different structure or revenue stream. I agree with that
Where do you want the revenue needed to fund the city to come from if not from property owners?
Workers.
Employers.
Commuters.
Capital gains.
Sales.
There are so many things you can tax, so many points where money moves from one set of hands to another where you can shave a little off the top. It’s just a bit absurd to me that we will shake people down for money for just having a home that an assessor figures could sell for some particular amount of money.
Where do you want the revenue needed to fund the city to come from if not from property owners?
Workers. Employers. Commuters. Capital gains. Sales.
There are so many things you can tax, so many points where money moves from one set of hands to another where you can shave a little off the top. It’s just a bit absurd to me that we will shake people down for money for just having a home that an assessor figures could sell for some particular amount of money.