While I disagree with lower property taxes and would advocate we switch to Land Value Taxes across the board.
I do agree that taxes in general should not be a fixed percentage that taxes people more just because valuations increased (be that land, property, tax).
We should instead have fixed taxation totals (pegged to local inflation) and just use property tax or land value taxes to establish the relative amount of tax between people/property.
If a housing shortage is causing increased costs for schools, local governments should say “Either vote for higher taxes to raise teacher wages or vote for denser housing so teachers can live here”. Instead taxes go up automatically, the money is spent on $X random shortfall.
People don’t care about cutting property taxes because local governments are historically and perceptually mismanaged so people assume that the roads and schools will decline regardless of higher or lower taxes.
I do agree that taxes in general should not be a fixed percentage that taxes people more just because valuations increased (be that land, property, tax).
We should instead have fixed taxation totals (pegged to local inflation) and just use property tax or land value taxes to establish the relative amount of tax between people/property.
If a housing shortage is causing increased costs for schools, local governments should say “Either vote for higher taxes to raise teacher wages or vote for denser housing so teachers can live here”. Instead taxes go up automatically, the money is spent on $X random shortfall.
People don’t care about cutting property taxes because local governments are historically and perceptually mismanaged so people assume that the roads and schools will decline regardless of higher or lower taxes.