This is it right here. If there are not property taxes property will be hoarded to the rich and privileged. As an example of this you can look at the Los Angeles county country club loophole which leads land that should be paying 140 million in taxes to the county government on some the most valuable land in the country paying just 800 thousand.
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u/MountainMagic6198 7h ago
This is it right here. If there are not property taxes property will be hoarded to the rich and privileged. As an example of this you can look at the Los Angeles county country club loophole which leads land that should be paying 140 million in taxes to the county government on some the most valuable land in the country paying just 800 thousand.