Thread: Taxes for online shopping gaining support in Congress and Amazon
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Old 07-14-2012, 05:48 PM   #102
ATimson
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Quote:
Originally Posted by Andrew H. View Post
Basing a tax on a home's fair market value is the most rational, most fair, and most efficient way of taxing it. As mentioned upthread, it would be ludicrous to tax two otherwise identical homes the same if one has an ocean view and a FMV of $750,000 and the other is in a bad neighborhood, has a view of the dump, and a FMV of $150,000.
It's not like the home in the better neighborhood has a higher cost for the state/locality to provide services. Given that, why is it fair to tax it higher?
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