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On the campaign trail, Mamdani emphasized a need to reform the city’s property tax system, which economists say favors single-family homes, luxury condos and predominantly white neighborhoods overall, and places more weight on multi-family buildings and homeowners in mostly Black neighborhoods.—Josephine Stratman, New York Daily News, 17 Feb. 2026 What’s more, in 1979, Pittsburgh sparked a local renaissance by revamping its property tax so that it’s based on the value of land, not the buildings.—Zac Blanchard, Baltimore Sun, 17 Feb. 2026 While the state does not receive property tax revenue, school districts, counties, libraries and CareerTechs rely on it to fund services.—Barbara Hoberock, Oklahoma Voice, 17 Feb. 2026 Residential property tax bills rose significantly last year on the city's South and West sides, largely because the county's tax burden is shifting away from commercial properties downtown, placing more of a burden on low-income homeowners.—Todd Feurer, CBS News, 16 Feb. 2026 See All Example Sentences for property tax