this post was submitted on 16 Jan 2024
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[โ€“] [email protected] 6 points 9 months ago (1 children)

Logarithmic scale of increasing property tax rate

[โ€“] [email protected] 4 points 9 months ago

Not sure if you actually meant logarithmic or exponential. An exponential tax rate would mean that the more you own the next unit of value would be a lot more in tax, while a logarithmic tax rate would mean that the more you own the next unit of value would be a lot less in tax. See x^2^ versus log~2~(x) (or any logarithm base, really). The exponential (x^2^) would start slow and then increase fast, and the logarithmic one would start increasing fast and then go into increasing slowly.

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