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Suppose Tony Soprano imposed a coffee table property tax on his neighborhood. He would demand everyone pay him $100 every year—for eternity—for every coffee table they had in their house. He would increase the amount owed each year depending on the market value of the coffee table. So, his goons would assess the current market […]
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This is The Disturbing Truth About the Home You Think You Own Part 1 Florida is one state that is supposed to ban the collection of property taxes from being collected on real estate and personal property. It says so right in the Florida Constitution, Article VII, Fiancé, and Taxation, Section 1- Taxation: Appropriations: state
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In 2012, North Dakota held a referendum to become the first US state to repeal and delete property taxes. The measure would have amended the state constitution to eliminate property taxes and mandate the government to find revenue through alternative means. Proponents noted that a property tax was unnecessary because North Dakota had sufficient revenue
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