The most important advantage of a property tax is :

- That tax enables local governments to take away property that is owned by a person when they fail to pay the taxes.

- that its base can be easily located and identified.

- That tax effectively is rent to the government for the right to own property in a jurisdiction, implying that governments own everyting and you just get to use it for a price.

- The property tax base is reliable, even in an economic downturn.