Show-me Institute Podcast

Show-Me Institute Audio Briefs features audio versions of select articles, commentary, and publications from the Show-Me Institute. Learn more at showmeinstitute.org. Article text: David Stokes Was Right: Property Tax Caps Are Squeezing Local Budgets Nationwide By Patrick Tuohey Property tax relief has become a rallying cry for state policymakers across the country. Frustration over rising home values and the cost of living has driven lawmakers in states including Indiana, Ohio, and Wyoming to enact sweeping property tax cuts in recent sessions. But while these measures may look attractive on the campaign trail, they are already putting real strain on local governments that depend on property taxes to fund schools, public safety, and other essential services. An article in the publication Governing titled “State Property Tax Relief Pushes Local Budgets to the Brink” highlights this emerging dynamic. Lawmakers in several states have pursued homeowner tax credits, rate caps, or other limitations without