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Owing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury you
(lemmy.world)
this post was submitted on 06 Mar 2025
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property tax is more equitable than sales tax because it is based on wealth instead of consumption.
Using property tax to fund education simply leaves poor areas poor and uneducated.
Now if they restructured it so the property tax went to the state level and was distributed to those schools that needed it most, not those schools that were in proximity of the land, I'd be for it.
It’s this way by design
that is true.
And progressive tax rates collected at the state level distributed based on student density and district need are better than both options.
It's based on wealth that matters for rich people. For the average person it's extremely regressive. We're telling people that they must sell and move if they aren't rich enough. There are better ways to tax people and assets in the 21st century.