[extropy-chat] prop 13 and public schools

[Bret Kulakovich]

Your statement(s) seem to indicate that the state does not have  
intentions in this regard. Property tax is how you force growth. Each  
home added to a town costs the town money, which increases the  
property tax (among other things) which forces people with larger  
amounts of property to sell off parcels; which people build more  
houses on. Which increases town revenue, lather:rinse:repeat.

This is pretty constant, and intentional.

]3


On Nov 5, 2005, at 11:44 AM, spike wrote:

>  But
> property taxes in most yank states lack such controls: if
> they raise them too much, people must sell their
> property.

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