Question of the Day

Origin of Property Taxes

From where did the modern system of property taxes originate?

Correct Answer

Tell Me More

Per The Oxford Companion to American Law, the modern property tax "has roots in the feudal obligations owed to British and European kings or landlords." Feudalism was a medieval system in which noblemen owned all the land, while peasants or serfs paid them homage and fees for protection and to live on and work the land.

Reload Question
Reload Question
Share via Facebook
Share via Twitter
Share via Email
Embed into your website
About the Fact App
Articles by Topic