Stephanie Leiser discusses the importance of property taxes for personal financial decision-making and implications for policy. "Most economists agree that property taxes are the best tax base for local governments. Compared to other types of taxes, they tend to fluctuate a lot less from year to year, providing predictability for taxpayers and governments. Property taxes are also relatively equitable, in that those with more resources tend to pay more and those with fewer pay less."
Read the article in WalletHub.