Wisconsin ended home equity theft. Other states should follow

The Badger State just became a better place to live and own a home. A recently passed law bans counties from engaging in an unjust practice known as “tax and take” or “home equity theft.”

Home equity theft is only possible in around a dozen states across the United States. In those states, if you fall behind your property taxes, local governments can seize and sell the tax-delinquent properties and keep all the profits from the sale, even when the property sells for much more than the tax debt.