Is is generally recognized that the disadvantages of any property tax are less obvious than the advantages? Taxation is never popular and there is no perfect tax. Economists have seen that any property tax advantages may also incorporate disadvantages at the same time (huh!). Because this form of taxation is pretty easily understood and transparent, the quality of the tax being inconsistent and lacking a harmonious uniformity can become amplified in the public point of view. This can be a problem and is.
One of the perceived inconsistencies in the public mind is both that of the assessment which is an inevitability, which represents thousands if not hundreds of thousands of assessments, and the perceived notion of the ability to pay the tax. As opposed to property tax, income tax has a level of confidentiality that hides the outcome. The public actually gets to see property taxes in action and how property taxes meet the governments needs. The public is privileged to information that also reveals the imperfections of the property tax system. The public also knows that avoiding or evading property tax is all but impossible and it makes property taxes unpopular. This is never more evident than in the case of where the wealthy and affluent members of society become accustomed to manipulating the property tax system to accomodate their own personal needs satisfying some economic advantage.
Could these people be considered those among us that tend to be the most politically influential? Does their very opposition undermine the equitable management of ad valorem assessment?
What do you think?
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