The Free Market Case for Property Taxes

Source: Bluegrass Institute
by Jared Walczak

“Americans have been paying property taxes since the colonial era — and complaining about them for just as long. It’s about as American as you can get. (The paying and the complaining.) These days, the complaints are getting louder, with calls for abolition. The objections are understandable: far too often, local government officials have failed to reduce rates as assessed values have skyrocketed, yielding large unlegislated tax increases. Reforms are warranted. But repeal? It may be asking too much for most people to like property taxes, but all policy choices involve trade-offs, and for those who care about economic efficiency, neutrality, decentralization, and government accountability, the property tax deserves to be rated highly, if not in absolute terms, at least relative to the alternatives.” (12/01/25)

https://www.bluegrassinstitute.org/the-free-market-case-for-property-taxes/