Local Mansion Taxes: Building Stronger Communities with Progressive Taxes on High-Value Real Estate
Type
Policy Brief or Report
Year
2024
Level
City or Town
State(s)
All States
Policy Areas
Economic Justice, Finance & Procurement
Many cities struggle with underfunded public services, housing crises, and regressive tax systems that disproportionately burden low- and middle-income residents. Local "mansion taxes" on high-value real estate transactions generate progressive, voter-supported revenue to fund housing, education, infrastructure, and equity-focused programs, helping build more inclusive and resilient communities.