I'm moving to North Dakota if this passes.

[Broheim]

Norway's property tax is about 1% of property value. Denmark's property tax is, if I remember correctly, also roughly 1%. In Sweden we changed property tax to a communal property tax, going from 1% to 0.75% or a maximum of 6000SEK (~$900 a year). So yeah, we still have property tax here in Scandinavia unless something changed since last I checked.

Germany also has a communal property tax. Some article I found suggested you pay about $900 a year on property valued at around $80.000.

I seem to remember Austria also having a property tax of 0.5-1%, didn't look into it.

Didn't look into Asia either.

here in Denmark property tax is around 0.03% (depending on where you live), property value tax (something else) is in theory 1% but in reality much much lower, my parents pay 7,000DKK a year on a house valued at 2.5million DKK (public value is much lower than actual value), I don't fully understand the system because, well I don't own a house so I don't really care, but those are the numbers my dad gave me when I asked.

 

[Broheim]

Wait, that makes no sense. This means of you get promoted, and get bumped into higher bracket - you actually lose money!

in theory yes, but in reality I don't think it's a problem, can't really tell you how it works because I've always been in the lowest bracket (40%):no job -> student with afterschool job -> private in the army -> student with afterschool job, so I've never really cared because I don't have to think about it as it is all done automatically without my involvement.

 

[WhipperSnapper]

Sounds nice but I'm sure that there will be "other" taxes put in place to make up for them. Somebody has to pay for the services unless they are going to abolish them (doubtful). I suspect a sales tax or the like. Little guy will pay more in sales taxes than in property taxes so the taxes get shifted down the ladder (assuming it's a sales tax and it usually is although I guess they could just institute a straight local income tax or something like it).

This. The lower classes, especially renters, will end up taking it up the ass.

 

[Hayabusa Rider]

Or of course she could rent a place for the rest of her life on the proceeds and still have tons of money left over.

Nah, you're right. Instead of that lets just fuck up an entire state's tax system. Let me know about any other great policy ideas you have as prop 13 has been a real winner so far.

Yeah you are right. People in the Boston area, like the firemen and police that people talk about as services got screwed when property values went up. So let's have the middle class sell their homes to those in the top couple percent and establish trailer parks for everyone else, eh? Have to keep the tax base stable.

You care more about the state government and their revenue than those who live under the system. They can go pound sand up their ass, right? Yep, because that's just the right thing to do for all those "rich" people.