Property taxes

[eyexer]

And that’s 2024. Mine have gone up 40% since

 

[Traxion]

Gotta ask it again. I get that property taxes suck and you never own something. I also understand it funds a large chunk of our state’s government. Even cutting to the barest bones, let’s say we are still going to need to replace 70% of those dollars in some other tax. What is a reasonably fair taxation system to replace property taxes?

SD just passed a reduction effort that can be applied per county. The reduction in taxes is done by a half cent replacement sales tax. So I’m now paying it back, just in a different way. And the college kid and single mom in an apartment are now paying more for everything, including the property taxes burden of others, though they own nothing. I struggle to decide whether that is fair or not.

I personally believe any push to abolish property taxes will result in an income tax. It won’t be sales tax, it’ll be income because there is more stability in that tax base. Maybe it’s pick your poison, but if you’re being realistic you know dollars will have to be paid. It’s just where it feels best to pay them from.