Income taxes are also expensive to collect and easy to evade. They're far from ideal by any standard. But states that want to cut or eliminate personal income taxes (a good thing) need to think carefully about how they do it.
At first glance it appears that the investor who owns a rental house or apartment building pays the property tax on it, but this is only nominally true. Who really pays the tax in this case? Clearly it is the renter.
New Yorkers don't agree on much, but the 68 percent of us who rent our homes or apartments can usually find common cause on at least one issue: The rent we pay each month, as one perennial political candidate often says, is too damn high.
If a temporary personal income tax hike is the price we pay for long-term reforms that enhance infrastructure, encourage job growth, and make the tax system more equitable, then it is a price worth paying.