Property Taxes

The property tax is an important mechanism for funding education and other local services. But it is unpopular among many taxpayers, in large part because it affects low- and middle-income families more heavily than the wealthy. For example, the tax remains the same when a taxpayer’s income drops significantly due to job loss or retirement. ITEP’s property tax resources explain how property taxes work and evaluate a variety of policies to remedy the regressive nature of the tax.