Reply #28: Low property tax is far harder on the poor

[acropolis]

because the rich will be able to control all of the land in a short period of time, and will jack up rent until they get aevery available cent.

That's how it works in Jamaica, which has 0 (or next to 0) property tax, and it leads to many many people getting forced out onto the street by landlords. A strong homeless population keeps rent up, just like a decent unemployed population keeps wages down.

If you really want to give the poor a break, then cut property tax on one property that the given person owns, and exempt only up to some (reasonable) value level.

More reasonable, property ownership should simply be abolished. But that's getting off topic.