
You Don’t Actually Want To Abolish Property Taxes, and Here’s Why
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Rethinking Property Taxes
This chapter explores the intricacies of property taxes and advocates for a land value tax as a more effective alternative. It highlights the implications of current tax structures on local governance, property development, and community revitalization, cautioning against the abolition of property taxes. The discussion underscores the need for sustainable funding mechanisms to support essential local services and prevent urban decay.
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