Posted: 10 Oct 2002
The author writes that the property tax is a kind of local income tax on real property assets. Generally, the tax should be based on current year value, he says.
Suggested Citation: Suggested Citation
Swain, John A., Reflections on the Possessory Interest Tax, Part 2: Toward a General Theory of Property Taxation. State Tax Notes, Vol. 26, No. 2, October 14, 2002. Available at SSRN: https://ssrn.com/abstract=338561