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Re: What do ya'll think?
Quote:
Originally Posted by Atticus Grinch
Property taxes aren't truly seen as a disincentive to the acquisition of property -- quite the contrary, high property tax rates are frequently associated with jurisdictions with high property values -- but somehow progressive income tax rates are made out to be a matter of incentives to earn marginal income.
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Indulge a partial reply. This sentence is misguided. Whether or not taxes are "truly seen" as a disincentive to acquire property, that's what they are, since they make acquiring the property more expensive. Of course it's no surprise that high property tax rates are associated with jurisdictions with high property values, since people who have the money to drop on expensive housing also have the money to drop on local services.
Carry on.
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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