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I'm not sure that it favors the land owners. Most of us presumably value our life over our worldly possessions.


By favor I simply mean the property tax level required to support a trillion dollar defense + VA + courts + police etc budget is larger than the current property tax rate. And without that type of spending owning the deed to some property would be pointless.

Obviously we could lower defense spending but that's a separate question than simply the justification for property taxes.


So would you expect this new property tax to be a federal tax, as opposed to most today that are used to fund local governments?




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