In Praise of Property Taxes
Posted by Graeme Sharpe in Neighborhoods on Aug 12th, 2010 | 11 comments
It is a popular pastime here in Indiana to complain about property taxes and their effects on the local economy. In the minds of many citizens, these taxes are levied on property owners and appropriated for wasteful pet projects and high administrative costs. But that’s just flat-out wrong, as property taxes provide citizens with the most important public services in the US.
Well, I can’t tell you what the right tax rate should be nor can I tell you how the money should be spent, but I can tell you that property taxes should remain an option for cities to raise funds. Politicians,...
