[quote=meadandale]
I have a small house (1100 sq ft) am single and have no kids and pay north of $4k/year in property taxes. Are you saying that I should be paying even more money in property taxes to educate other peoples kids?
I think that I pay more than my fair share…and this doesn’t even include the tens of thousands I pay in state and federal income taxes.[/quote]
Au contraire, your neighbor should be paying as much as you do, assuming his house is similarly valued. With Brian’s zero-sum formula you would likely be paying less. You should not be paying for your neighbor just because you purchased your house years later. He might be a nice, old guy on fixed income, but his inability to afford higher payment should be addressed directly, not through a proxy.