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Message: <blockquote data-quote="Allen" data-source="post: 374708" data-attributes="member: 389">IMHOl, the closest widespread radical change I can compare this to is Prohibition.  I doubt many thought there would be such widespread and negative consequences to Prohibition, and I suspect many who were in favor of it would have changed their minds if they had had the foresight to the unintended consequences of it, but that was a painful time for America. That doesn't mean I think the loss of property taxes would lead to a resurgence of Al Capone type of gangs, but even legal side effects of this are likely to be very unpopular in the long run.  Another example of well intended laws was the Federal Flood Insurance Program.  The federal government saw the need to do something with respect to large scale disasters like hurricanes, spring floods, etc.  There were just so many people that were devastated by these kinds of natural disasters that they "had to do something".  So, along comes federally subsidized flood insurance.  Well, fast forward a fair number of years and the federal cost of subsidizing flood insurance became quite onerous and people like myself who refuse to live on a flood plain won out in Congress and a number of years ago they decided to let people who live on the flood plain start paying for the actuarial cost of living there.   People who bought their homes (most glaring example I am thinking of is the Outer Banks of NC) were SHOCKED to discover they were going to see their insurance go up a few hundred percent.  They fought over this in Congress for years to reach a complicated scaling up of insurance to avoid devastating the investment millions of Americans have in flood prone areas.  Needless to say, flood prone areas are no longer as attractive an investment as they once were.These may seem like far-fetched analogies to the topic at hand, but I suspect the level of change this would involve will lead to a similar level of unintended consequences.</blockquote>

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