X @Nick Szabo

Taxation Policy & Economic Impact - The American right has been trained to oppose any and all taxes, but this is a terrible idea [1] - Taxes are necessary, and property tax distortions are less significant than alternatives like income tax [2] - Removing property taxes would lead to higher taxes on working young people and increased home prices, benefiting retirees [2] - Current policies disproportionately favor the elderly, necessitating policies that support the young [3] Housing Affordability & Generational Wealth - Young people are struggling to afford homes, leading to wealth accumulation among the old [2] - Property taxes may require some individuals to downsize when income decreases [3]