Baby boomers want to axe property taxes. Millennials and Gen Z would pay for it.
www.businessinsider.com
Boomers want to stop paying property taxes on the valuable real estate they own. That could hamstring millennials and Gen Zers trying to buy a home.
  • aramis87@fedia.io
    1·
    8 days ago

    I didn’t have children, but I’m happy to pay property taxes. Property taxes pay for schools and I don’t want to live in a society with stupid people. *

    * or stupider than they have to be

    • tmyakal@infosec.pub
      1·
      8 days ago

      Property taxes paying for schools is a remnant of redlining. More affluent districts with nicer houses end up with more funding per student, and “bad” areas where minorities live because of literal centuries of economic disadvantage continue to get shafted.

      I think we should ditch property taxes and replace them with much higher state-level progressive taxes that are distributed so that every public school student gets the a good education.