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TomC · 11-17-2005, 07:44 AM

i don't get it. i think that the system already accounts for the value gained by a beautiful, panoramic, view. Tax is based on value. Two otherwise identical properties, one with the view of the land, valley, mountains, etc. would command a higher sell price than one with a view of a sewage treatment plant.. So a value-based tax system captures this situation... right?

Same as two identical properties- one waterfront, one not - would have dramatically different values. there is no separate line item or tax for waterfront.. This is taken into account by virtue of the valuation resulting from the fact it is situated on the water.

what am I missing?

11-17-2005, 07:44 AM	#4
TomC Senior Member Join Date: Apr 2004 Location: Lakes Region Posts: 679 Thanks: 21 Thanked 92 Times in 61 Posts	why isn't the panorama tax "built-in"? i don't get it. i think that the system already accounts for the value gained by a beautiful, panoramic, view. Tax is based on value. Two otherwise identical properties, one with the view of the land, valley, mountains, etc. would command a higher sell price than one with a view of a sewage treatment plant.. So a value-based tax system captures this situation... right? Same as two identical properties- one waterfront, one not - would have dramatically different values. there is no separate line item or tax for waterfront.. This is taken into account by virtue of the valuation resulting from the fact it is situated on the water. what am I missing?