tag:blogger.com,1999:blog-8336173835252185480.post929388205503284254..comments2023-09-24T11:30:13.297-05:00Comments on State and Local Public Finance: State Budget Crunch Affects Property TaxesUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8336173835252185480.post-31022094404748462832011-02-16T15:43:55.727-06:002011-02-16T15:43:55.727-06:00Economically, property taxes are actually very eff...Economically, property taxes are actually very efficient. Because real estate property has less mobility, property taxes cause less behavior distortion than sales taxes or incomes taxes. <br /><br />Personally, I think Dayton's proposal of a state property tax is worth consideration. It is more efficient than income tax increase.Zhirong (Jerry) Zhaohttps://www.blogger.com/profile/07073293673519003452noreply@blogger.com