Posted by taxguru on August 25, 2006
States attack property taxes – My opinions of property taxes are well known. This quote from the article pretty well sums up why.
The property tax is a fantastic tax for things that are purely local because, under those circumstances, it does not function like a tax. It’s more like a user fee.
In other words, you have to pay the local government a fee in order to use your own property, or else you have to forfeit that property to the government. This concept should anger anyone who believes in the sanctity of private property ownership, the foundation of capitalism.
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