“The regressive property tax” has become a common block phrase among economists and in the popular press. President Nixon’s support for revenue-sharing is increasingly based on the need to protect the poor from heavy property taxes. Some prominent tax economists are favoring even sales taxes to make the tax system more progressive, by lowering the property tax.’ Even local income taxes, which are mainly payroll taxes, are being advanced to relieve property and the poor.
Proceedings, NTA, 64th Annual Conference, Kansas City, 1971, pp. 408-26. Republished in The Congressional Record, March 16, 1972, pp. E 2675-79 (Congr. Les Aspin.) Republished in Local Taxation (abridged), January 1972. Republished by Resources for the Future Inc., The Property Tax is a Progressive Tax, Reprint No. 104, October 1972.
