(08-26-2022, 06:36 PM)Sneakers Wrote:

(08-26-2022, 04:06 PM)mikesez Wrote: Property taxes may stress you out, but they are literally the only kind of tax that has been shown to encourage economic growth even as they increase.  Every tax, at a low rate, has the effect of legitimatizing the government and the currency.  But at typical rates, most taxes slow down economic activity and investment and growth.  But property taxes continue to promote investment even at commonly used rates. If you have to have taxes, and you do, property taxes should be preferred.

Wrong, all taxes slow economic activity and property tax is no exception.  Generally speaking, the greater the tax, the greater the impact.  Property tax is just somewhat unique, because it's a fixed annual amount, rather than a factor of consumption or income.