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I would like the value of my home to rise, while my property taxes fall
Several U.S. states have recently reformed property tax systems to reduce taxes on owner-occupied homes while shifting the financial burden to commercial property owners and other revenue sources like state income and sales taxes. These reforms, driven by homeowner political pressure despite rising home values, will likely increase housing costs, reduce local government funding stability, and ultimately transfer wealth to existing homeowners at the expense of renters and future buyers.
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