Not mine, but that of historian John Steele Gordon (via Tax Foundation): In the 18th century, real property was probably the best measure available of a person’s ability to pay taxes. That’s because it generated income from farming or things like water mills, ship yards and stores. Only the very rich had residences on town lots. […]
Tag: John Steele Gordon ↓
Abolish the property tax rant
August 16th, 2006 · 1 Comment
Category: Taxation
Tags: John Steele Gordon, property tax, rant, real estate, Tax Foundation, valuation
