Learn To Love The Property Tax -- It's Not So Bad

States are generally protective of their revenue sources and will go to great lengths to ensure that revenue remains as stable as possible. For that reason, states rarely get rid of a major tax. In fact, in the past 32 years, no state has done so. In the past 50 years, only Alaska has successfully eliminated a major tax -- ridding itself of the individual income tax in 1980. Although a number of contributing factors led voters to end the tax, completion of the Trans-Alaska Pipeline System was un...