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Re:If you sell a house these days, the buyer might be a pens... by _greim_ on Wednesday June 09, 2021 @02:15PM (#27451204)
I guess I'm confused; how is this not a description of the current system? How are LVTs supposed to make this kind of thing worse?
Re:If you sell a house these days, the buyer might be a pens... by oh_sigh on Wednesday June 09, 2021 @04:00PM (#27452402)
It may be in some areas, not in others - depending on how their tax system works. Prop 13(which has massive flaws and abuses) in CA is an example, as well as states which just generally have low property tax rates because they derive their revenue from other sources like income tax.