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MrZander • today at 10:08 PM • 1 reply • view on HN

I agree the proposed wealth tax is a bad idea, but raising property taxes is probably not viable. They are incredibly unfavorable to voters. No one who owns a home wants to pay rent, that's why you buy in the first place.

Personally, this is why I am fine with higher income or sales taxes.


Replies

edoceo • today at 10:28 PM

Sales Taxes are the worst ones. Burden on seller, burden on buyer, regressive. Income is more fair but easy to mask-out for the wealthy. Property is meh, Wealth tax is the best one. Assuming all were well designed.

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