We do not need and should not have progressive property taxes. #PropertyTaxes are by their very nature progressive, to begin with, since you are taxed on the assessed value of the property. Wealthy people own the most property, and all the most expensive property.
What we need is to move property taxes away from taxing capital improvements and toward taxing unimproved land values only. That is the most progressive possible form of #taxation. #LVT #LandValueTax








