7 ms·

What if a first owned property is not taxed, but additional properties are?

• cucumber3732842 15d ago
  That's probably somewhat better than the current status quo but one of the obvious side effects would be screwing smaller landlords out of the market and replacing them with typical "faceless corp gives no shits about you or anything beyond the legal minimum" type property management companies. Worth it? IDK.
• runako 14d ago
  Taxes are not just money taken from people in the abstract. They are, quite concretely, used for specific purposes. In the US (because the OP is about the US), property taxes in particular are used to fund local services like schools. So if you eliminate taxes on primary homes, you will cripple the public schools.