Tag: Taxes

Why Property Taxes are unjust:

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.