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Tag: Property Tax


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Poor Losing Homes Over Small Tax Liens to Private ‘Investors’

Low-income D.C. residents—many of them retirees—have been losing their homes under a program in which tax rights are sold to private investors who add mind-boggling fees and then foreclose when they aren’t paid. And it’s all legal.

Posted on Sep 8, 2013 READ MORE


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State Taxes Stacked Against the Poor

Though many conservatives would rather not discuss it, not all taxes are created equal. Sure, the federal income tax is progressive (though less so than in the past), but payroll and state taxes—which include levies on income, property, sales and various fees—are not, and the differences between the top 1 percent and the bottom 20 percent can be large.

Posted on Feb 4, 2012 READ MORE



AP / Rich Pedroncelli

California’s Folly — Prop. 13

California now struggles with fiscal and social disaster because of a 32-year-old initiative that makes raising revenues and passing budgets nearly impossible.

Posted on Jan 26, 2010 READ MORE


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