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25 - Collective Decision Making with Matt Prewitt

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How Do You Set the Right Property Tax Rate?

It's like a sell offer as well as a, a aa assessment and a so what that does is that that gives you an incentive to, you know, not to low ball it, but to am to s declare a high value. Now there's another sort of a layer to this, which is then the question of, how do you sort of set the right, the right tax here? So if you imagine a, if you imagine that a tax rate it's very, very low. Then no matter what i actually think my, i, my i land is worth, i'm going to declare a super high value,. i and just pay a really low tax and continued to

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