Can We Replace the Property Tax?

Property tax repeal would put roughly 70 percent of local taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. revenue on the line—forcing states and localities to find something else. Can sales or income taxes really replace it without major rate spikes, burden shifts, and anti-growth incentives?

Kyle Hulehan is joined by Jared Walczak, Vice President of State Projects at Tax Foundation, to unpack the math behind replacement plans, the trade-offs voters should know about, and why reform may beat repeal.

Links

- Property There’s No Good Way to Pay for Property TaxA property tax is primarily levied on immovable property like land and buildings, as well as on tangible personal property that is movable, like vehicles and equipment. Property taxes are the single largest source of state and local revenue in the U.S. and help fund schools, roads, police, and other services. Repeal See more
- Property Tax Relief & Reform See more
- Confronting the New Property Tax Revolt See more
- Video: What’s the Best Way to Limit Property Tax Bill Increases? See more
- Property Taxes by State and County, 2025 See more