Originally Posted by
fcoolaiddrinker
so no credit to existing residents similar to homestead in other states? Can we then reduce the payroll tax with all that extra revenue?
any credit to existing homeowners is just a subsidy from those with the misfortune to be born later. i don’t feel any younger people owe me that.
but yeah, seems like you could change the total tax balance with such a change. either lower overall property tax or lower income tax or lower sales tax or any combination.