(03-06-2024, 01:14 PM)Sneakers Wrote:

(03-06-2024, 10:27 AM)mikesez Wrote: The main source of funding for schools (except in CA) is property taxes and everyone who isn't homeless is paying property taxes, illegal or not.

Simply not being homeless does not equate to paying property tax.  It is paid by property owners, regardless of tenancy and this is true for all property, be it residential, commercial, industrial, farmland, undeveloped, etc.

Right, and the property owner passes it on to the tenant.

As all property owners are burdened by property tax, there is no possibility that owners will compete on this basis, and the price paid by all renters simply goes up.

In effect the renters pay the property tax.

If it were not so, if for some reason the landlord couldn't fund the property tax using money from the tenant, the landlord would walk away from the property and let the tax assessor have it.

Subscribe to my channel for more simple lessons in economics.

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(03-06-2024, 12:50 PM)WingerDinger Wrote:

(03-06-2024, 12:44 PM)mikesez Wrote: Now divide by the number of people in each group.
You remember math class, right?

One group of people need priority over the other.

And they have it! By about two orders of magnitude they have it!

Looks like I need to add basic math to my YouTube channel also...

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