pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
WADR my friend, you're being silly and petty.
Because the definition of "fair share" differs widely.
Why should one persons RE taxes go up just because some rich guy overpaid for the house across the street? Hardly seems fair to me.
It doesn't... in fact if all properties in your jurisdiction go up 20% and the jurisdiction budget is the same then while your assessment goes up 20%, the tax rate goes down ~16.67% and your tax bill is no different... 100 * 1.000 = 120 * .8333... it is simple math. OTOH, if your property's value goes up more than the jurisdiction as a whole then you'll pay more because your property is worth more... and vice versa.
Why should people without kids have to pay for school taxes for other people's life choices? Doesn't seem fair to me.
Because society as a whole benefits from an aducated citizenry... that is why society pays for education... not whether we are getting our money's worth is a total separate question.
...and the list goes on and on and on....