Reddit reviews The Permanent Tax Revolt: How the Property Tax Transformed American Politics
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> Well some renters will tell you they pay property taxes indirectly, but I guess you don't buy that.
Let’s skip the part where you put words in my mouth.
> Your disdain for private windfalls is cute
I think identifying private windfalls in order to design progressive taxation is more than “cute.”
> Everything you're talking about would kill Development, btw
All I have described in this thread is how property taxes work and why I think they should be higher. While it’s true that very high property taxes can discourage development, there are ways of encouraging development even when the property tax is high (e.g. tax the land at a higher rate than improvements, or exempt new construction).
> Not all land has value. Not all land increases value. In SF, we presume these things to be true, but no, they're not always true, and the assumptions your making require us to be talking about cartoons instead of real life
None of these are assumptions that I made.
> Linking to the assessors handbook is meaningless. Quote the section you think is relevant.
See, for example, the section “Economic Concept of Use Value” which describes how the market value continues to exist (and you continue to pay property tax) even when a house is owner-occupied or vacant.
> The assessors themselves can be idiots, which is why Prop 13 exists. Value isn't set by rumor or your opinion of how hot the market is, and there's limitations on when you can assess for a reason.
In The Permanent Tax Revolt, Isaac William Martin argues the exact opposite: Proposition 13 passed because assessors became too professional, and politically powerful neighborhoods who had previously been given artificially low assessments revolted rather than pay the calculated taxes.