Social Sciences
8 years ago

Property tax reform to bridge wealth gap and boost local economies

Some Issues of Real Estate Tax Reform
Xiaoyu Liu

Paper Summary

The article discusses how changing real estate taxes can help reduce the wealth gap and improve local government revenue. By expanding the tax base, using consistent tax calculations, implementing different tax rates, and introducing a tax on vacant homes, the property tax system can be improved. These changes can ease financial burdens on certain areas and enhance the overall tax system and government services.

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