Can you explain how that has no impact on the total amount collected.
If the tax is a percentage of property value and the property is being intentionally under valued then if they were assessed at their current value after 8 years of growth would that not increase total amount collected?
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Can you explain how that has no impact on the total amount collected.
If the tax is a percentage of property value and the property is being intentionally under valued then if they were assessed at their current value after 8 years of growth would that not increase total amount collected?
deleted by creator
Property tax in general disincentivises improving properties. We should really switch to a land value tax