Do you know how many old people are driven out of their homes by ever-rising property taxes? People living in apartments don't pay nearly as much property taxes, and they are the ones who have most of the kids in the schools.
I agree with you 100% on this, but taxation of income and taxation of property are completely separate issues.
I have long advocated the elimination of property assessments in the calculation of property taxes. Property taxes should be based on something tangible that bears some relevance to a property owner's "burden" on public infrastructure -- like linear feet of roadway frontage (for street maintenance costs), land area (for drainage), etc. There is no reason why a person who owns a small house on a small piece of land that is worth $500,000 for some reason (say, a beautiful mountain view) should be paying higher property taxes than a person who lives in a large house on a large piece of land that happens to be worth $400,000.
I'd also support any move to eliminate public schools entirely, or at least impose taxes on people based on the number of kids they have in the public school system (again, completely separating the notion of property ownership from the costs of public infrastructure).