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I can't disagree.
(lemmy.world)
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this post was submitted on 20 Jun 2024
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Are you talking about a homestead exemption? I think most places have something like that but it's just a discount on the house you live in so not an increase on the other properties. They would just get normal tax rates for any additional properties. I think making it an exponential tax would make a huge difference.
Yes homestead. I'm not sure how other states do it.
Texas increased from ten thousand to twenty five thousand to forty thousand to a hundred thousand in a short period.
So semantics. I say increase for other houses, you say discount for primary house. Either way you choose to phrase it, you pay less for your primary residence and more for other properties.