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Is is "Help" or "Hell" on the way?
Quote:
Originally posted by Mmmm, Burger (C.J.)
Furthermore, using this mechanism, or theory, still has to be done in a circumspect manner. I'll use a local example. DC has seen property values rise immensely in recent years. In particular, in the wealthy part of the city. As a result, property tax revenues have skyrocketed (not hard .96*3X > .96*X).
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If the tax rate is the same no matter the value of the house, I don't think that is progressive taxation. Progressive taxation is where more expensive houses are taxed at a higher tax rate than less expensives homes.
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IRL I'm Charming.
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