Comment by refurb
12 hours ago
This is a solved problem.
Let people defer increases until their house is sold. This what many states do.
It’s seems insane that we “protect” people whose property taxes are going up because their home is getting so valuable
It's also a solved problem by not deferring anything unless that person is past working age and low income. Letting people sit on wealth that they cannot pay a wealth tax on is generally bad for everyone with less wealth.