Quote:
Originally Posted by Fuzz
Slava, I get some of your points, but by using property values it makes it more of a progressive tax. It's obviously far from perfect. But here's the rub...try to think up a better system. Throw out some ideas as to what you think would be more "fair" and not overly burdensome to calculate, and chances are, the logic just doesn't work. I've thought about it a few times and nothing is better than what we have.
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Yeah I know, but this is one of those “not my job” scenarios. I hate saying that but it’s really true; I have no expertise in knowing how to structure a tax system.
But giving that caveat, how about this. The city budget is X amount of dollars. There are Y amount of properties. X/Y gives you the taxable figure that property owners pay, and we’re done.