TPPF: How to Fix Property Taxes: Get Rid of Them

TPPF proposes eliminating the property tax, swapping it for a broad base sales tax at a rate of 11%. TPPF points to a report by economist Art Laffler. The economic benefits listed in the report incude: 

  • personal income would likely increase by at least $23 billion during the five years after the swap compared with the current tax structure.
  • create more than 200,000 net nonfarm jobs during this five-year period

[TPPF]