True, but with the property tax comes the assessor, who only deals in assessing property value. Imagine the headache created on a federal level gettin business valuators of all shapes and sizes. I get the point you are making and I think the first answer in this thread is the correct one. I do think if they tried to implement it, it would be a nightmare. Can you imagine the differences in valuation of businesses? There would be a lot of litigation.
And we agree on the "tax the rich" talk. Its just class warfare. Does nothing for the bottom line.
This post was edited on 2/2 at 11:21 am