Analysis | Homes in poor neighborhoods are taxed at roughly twice the rate of those in rich areas, study shows
The methods cities use to assess property values skew the final effective tax rates dramatically, according to a review of 26 million home sales.
Hasnain says:
Today I learnt CA does this very differently from other states. I’m annoyed they left CA out of the dataset but it makes sense since the inequality here is quite different; though equally bad (damn you prop 13!)
““This is an example of structural racism,” Berry said. “African Americans and other minorities are more likely to own low-priced homes. This means that minorities are more likely to be overtaxed because they are more likely to own low-priced homes.””
Posted on 2021-03-12T18:47:19+0000