Re:Why Billionaires Don't Pay Property Taxes in New York
by sokoloff on Tuesday May 12, 2015 @08:22PM
(#9535925)
In what way are property taxes progressive? It seems to me that they are inherently a regressive tax (with respect to income on a cohort basis).
(I'm not arguing that they or any other tax ought to be progressive; I'm just not aware of any place where they are progressive on an income-adjusted basis [whether directly or indirectly])
(I'm not arguing that they or any other tax ought to be progressive; I'm just not aware of any place where they are progressive on an income-adjusted basis [whether directly or indirectly])