| When telling a story About flounder or dory, I often end up far apart. But when bowing your head You may lend me or hold me |
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Progressive taxation: Property taxes are regressive in nature. They take a larger percentage of income from low-income individuals compared to high-income individuals.
Unfair assessments: Property values and assessments are not always accurate, leading to unequal treatment of homeowners based on arbitrary valuations.
Lack of mobility: Property taxes can make it difficult for homeowners to move, as they are tied to a specific property and cannot be easily transferred.
Burden on fixed-income seniors: Property taxes are a significant burden on fixed-income seniors, who may struggle to pay the taxes on their fixed income.
Inefficient use of resources: Property taxes lead to inefficiencies in the use of resources, as homeowners may make decisions based on tax implications rather than economic efficiency.
Inadequate services: Some people are paying property taxes for services they don’t use, or that the services provided by their local government are inadequate for the taxes they pay.
| You are driving on a road when suddenly lightning strikes right in front of you. When you can see again, there are three doors to the side of the car. One has 5 million dollars behind it, one has fame (when you walk through it, you will become famous instantly), and the last one has your dream vacation place. Which door do you go through first? |
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