How To Eliminate Property Taxes COMPLETELY with Tom Wheelwright

Explore the intricate world of property tax, delving into its impact on essential services, wealth distribution, and economic philosophy.

Join the debate on whether property tax should exist, examining alternatives like transaction taxes. Discover the challenges of a regressive tax system and its implications on homeownership and wealth accumulation.

Chapters:
0:00 - Seattle Incident Introduction
1:05 - Purpose of Property Tax
1:36 - Impact of Renegade Group
3:49 - Critique on Property Tax
5:09 - National Effective Tax Rate
5:47 - Proposition 13 and Fair Taxation
6:57 - Alternatives: Transaction Tax
8:18 - Capital Gains Tax Exemption

Thank you for watching - Property Taxes: Is It Time for a Change? | Exploring Tax Philosophies
#propertytaxes #WealthDistribution #TaxPhilosophy

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