

So, guy buys a 300 million dollar house, pays a million dollars a year in property tax, if he buys a second house for a friend for 60k, he now pays 2 million a year in property tax, basically making that 60k home cost a million dollars? And if he wants to buy a building for his business, that business basically costs him an extra million in property tax?


Creating reasons for someone wealthy not to share their wealth isn’t helping the problem. I have a friend who wanted to give me land for basically free, but that’s illegal. He has to charge me 15x more than he wanted to charge me or adopt me. Those are basically the only two options since their is a minimum land cost.