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From:
Tax Foundation
(Uncensored)
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Property Tax Repeal & Replacement: Tax Revenue Impacts
https://taxfoundation.org/research/all/state/property-tax-repeal-replace-revenue/
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Tagged with:
state tax trends
local taxes
Backfilling forgone local property tax revenue through new state taxes is difficult because it dramatically shifts overall tax burdens, undermines local accountability, and cannot easily adjust for changing population mixes.
