Don't really buy it. Unchecked govt spending is different than inflation, which could be accounted for in the baseline property tax rate(s). Having property taxes triple in the course of 5 years is NOT okay in any way, shape or form. This has happened to me since buying/mortgage 5 years ago.
As it stands, for one-off spend and in general there are other means of taxation that can be utilized. It doesn't need to be property taxes.
As it stands, for one-off spend and in general there are other means of taxation that can be utilized. It doesn't need to be property taxes.