Avid Amoeba@lemmy.ca to News@lemmy.world · 7 days agoMamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passedwww.nytimes.comexternal-linkmessage-square245linkfedilinkarrow-up1803arrow-down17file-textcross-posted to: news@lemmy.sdf.orgstupidpol@sh.itjust.works
arrow-up1796arrow-down1external-linkMamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passedwww.nytimes.comAvid Amoeba@lemmy.ca to News@lemmy.world · 7 days agomessage-square245linkfedilinkfile-textcross-posted to: news@lemmy.sdf.orgstupidpol@sh.itjust.works
minus-squarejjjalljslinkfedilinkarrow-up3·7 days agoI’m pretty sure property taxes aren’t progressive and I’m baffled as to why. Make it so like the first 100k is taxed low, and then ramp up so people with millions of property pay through the nose.
I’m pretty sure property taxes aren’t progressive and I’m baffled as to why.
Make it so like the first 100k is taxed low, and then ramp up so people with millions of property pay through the nose.