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Reply to "North Dakota Ballot Measure to get rid of Property Tax"
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[quote=Anonymous][quote=Anonymous]On a small scale, property taxes are not much different than a wealth tax on unrecognized capital gains. The only reason people don't freak out about property tax is because of just the fact that property taxes have been around for forever, and you aren't taxed on your house at 20% each year. [/quote] Two very different things. The Property tax is directly going to support your local services. Yes it's based on the value of your home, but it is a tax to support local services that everyone needs (or should want to be good in the area---good schools benefit everyone---I kind of like the concept of an educated population so I will happily continue to support that even though I don't have school aged kids). If you eliminate PT you have to find the money somewhere. I like roads to drive on, Firetrucks/ambulances/Police to come in a timely manner if I call 911 [/quote]
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