top of page
  • rgmeiner

Taxing Property Like Income Does Not Respect Property Rights

Dark store appeals successfully reduce property tax liability. If property is assessed at market value, this is reasonable. Some cities want to factor the owner's income into the tax assessment. This is ridiculous because people only buy or keep property if it is worth more to them than the price they could get from selling it. If you need to tax income, then tax income. Assess property at fair market value. Read more at The Sunwater Institute.

5 views0 comments

Recent Posts

See All

Thanksgiving 2020 for an Economist

Hindsight is 20/20, or so the saying goes. This year of 2020 has been most unusual. Even as news of the novel coronavirus emerged at the beginning of the year, I did not foresee such a pandemic nor

Revisiting "The Economic Good of a Pandemic"

Back in February, I wrote about the economic good of a pandemic. Not much time has elapsed, but much has transpired. I didn’t foresee most of it, and now my commentary seems outdated. At that time, li


bottom of page