University of Wisconsin–Madison

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.

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