Property TaxesTop of Mind with Julie Rose • Season 1, Episode 1587, Segment 3
Apr 28, 2021 • 13m
Most cities tax property at a flat rate, so people with more expensive homes pay more money than those with less expensive homes. But in practice, lower-income homeowners very often end up paying a higher property tax rate than their counterparts in larger houses. University of Chicago Professor of Public Policy Christopher Berry explores why this happening.