X @Nick Szabo

RT Blake Neff (@BlakeSNeff)The American right has been trained to oppose any and all taxes, but this is a terrible idea.We must have taxes, and the distorting effects of property tax are far less than alternatives like income tax. Right now, America is crumbling apart because young people can’t afford homes while all wealth is accumulating to the old. Removing property taxes means higher taxes on working young people and higher home prices to the advantage of retirees, who are already America’s richest coho ...