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Mamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passed
(www.nytimes.com)
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this post was submitted on 18 Feb 2026
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property tax is not inherently progressive any more than any other tax. Taxes are either flat or progressive. Not having provisions to protect the poor just fucks the poor. Of course what really protects the poor is to just have a large enough standard deduciton to not be pulling income when people are at a level where none of their income is disposable or going further and having a citizens income. Can't be gamed because it applies equally to all. Of course part of graduated system is not to make such a jarring increase that its avoided at all cost. If each stair goes up only one percent then its hard to point to a particular step below as being better than the step above.
It's inherently progressive because it counteracts the inherently regressive distribution of property in a capitalist economy.
Taxes are not either flat or progressive. They are flat, proportional, or progressive. This is a proportional tax which targets unequal distribution to achieve progressive results.
If you mess with the rate, the system will be more easily exploited by the ultra-rich.
Taxes are either regressive, proportional, or progressive; flat and progressive are the same thing. While some (many?) consider proportional to be a separate category, I would argue that it’s inherently regressive, as any fixed percentage is going to come disproportionately from non-disposable income for any lower income individuals. Sales taxes are considered regressive because of this and they are a flat rate for most purchases.
You can make the argument that people have to buy stuff to exist, but they don’t have to purchase a home, but given the alternative is renting which impacts lower income people even worse, this seems like a specious argument.
Even with property tax, insurance, repairs, and mortgage, I’m paying less per month than people renting much smaller apartments in my area. Thats neither fair nor right.
wait wait wait. are you saying a flat tax is like a fee because that is not how its used. a flat tax proposal is for one percentage. Like sales tax is flat. But it still various by amount being taxed. Im not quite getting what you mean by flat proportional and progressive.
It seems like you have more to learn about taxation, so it's not worth me discussing this with you.