As this will be my last newsletter before the festive season, please allow me to wish you a very Merry Christmas and a Happy New Year. I look forward to seeing as many of you as possible at an IPTI event during 2026.

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An interesting recent article has the not-very-festive title of “The Case Against Property Taxes”. The author, Vance Ginn, states: “Property taxes are not a reasonable price for local services - they are an outdated, overly coercive, and economically destructive way to fund government. They should end.” A somewhat controversial opening statement!

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The author continues: “Property ownership is the cornerstone of a free society. It reflects the natural right of individuals to control what they create, earn, or voluntarily exchange with others. From that right flows responsibility, independence, and the ability to build a legacy. Yet today, homeowners must pay the government every year simply to keep what they already own. Property taxes are not a reasonable price for local services - they are an outdated, overly coercive, and economically destructive way to fund government. They should end.