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What would a sane property tax look like?

Ogden residential property taxes are based on the property’s valuation. So if one makes an improvement on one’s property, even though said resident has improved his neighbors’ property values, for doing this favor one is likely to have his taxes increased. In this way, property taxes incentivize not making improvements. If instead of taxing on…

Ogden residential property taxes are based on the property’s valuation. So if one makes an improvement on one’s property, even though said resident has improved his neighbors’ property values, for doing this favor one is likely to have his taxes increased. In this way, property taxes incentivize not making improvements.

If instead of taxing on the basis of the property’s valuation, the tax was assessed on the basis of the lot size and location, this alternative approach would avoid disincentivizing property improvements to Ogden communities.

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