High property taxes are squeezing homeowners’ wallets, and some states are crafting plans to eliminate them. But is eliminating property tax really a good idea?

Washington’s tax structure may be headed for another significant shift. Will more states start "taxing the rich"?

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...