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A fairer property tax

-Allow deferral of increased taxes above certain rate, money should come from increased value upon sale

-Value of house is the shelter it provides, not what it theoretically could be sold for that day

-Cashing out and moving to cheaper area has personal and neighborhood consequences

-Limit to primary residences or those with restricted rent

Also tax land and not improvements (discourages improvements, encourages speculation)

Also replace income tax brackets with a formula rate

By Jason McHuff,