I like the idea of progressive property tax rates.
Figure out the median property value, make the first 50% of that tax free. Then the next 50% is taxed at the previous rates. Then tax values above that enough to make up for it.
Could apply the same idea to land value taxes too.
Figure out the median property value, make the first 50% of that tax free. Then the next 50% is taxed at the previous rates. Then tax values above that enough to make up for it.
Could apply the same idea to land value taxes too.