Carol Becker wrote: <snip> The property tax in practice is strongly regressive; there little to no link between taxation and wealth, the incentives in the system are not what you want to create a healthy community, etc. Not a good way to go.
Mark Anderson replies: That is an interesting supposition. It certainly is counter to everything I've seen. Do you have any evidence of the tiny link between (property) taxation and wealth? I've always thought real property values to be a pretty good proxy for wealth (or better than anything else we have, at least). That's why I think property taxes make more sense than income taxes, which are a disincentive to work. Mark V Anderson Bancroft REMINDERS: 1. Be civil! Please read the NEW RULES at http://www.e-democracy.org/rules. If you think a member is in violation, contact the list manager at [EMAIL PROTECTED] before continuing it on the list. 2. Don't feed the troll! Ignore obvious flame-bait. For state and national discussions see: http://e-democracy.org/discuss.html For external forums, see: http://e-democracy.org/mninteract ________________________________ Minneapolis Issues Forum - A Civil City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:mpls@mnforum.org Subscribe, Un-subscribe, etc. at: http://e-democracy.org/mpls
