[gamblor956]

That would be the single largest tax break in U.S. history, and all of the benefits would go to the wealthy, who don't need it.

[astrange]

Wouldn't it be a tax increase? The car dealership near me would no longer pay $1000 a year in property tax.

[intrasight]

Neither a decrease or increase overall - at least not in PA where reassessments must be revenue neutral. What is does do is create equity in taxation.

Formula should be super simple:

my taxes = total budget * my assessment / total assessments.

But with corruption and spineless politicians ...