I don't think it's theft, because that would be defined in the Arizona revised statutes as a theft and they don't define this as a theft.
Not theft, we don't call it that. The authorities have the power to define what is theft and what is just 'taxation' under the constitution. Huh?
You can argue whether it's right or wrong and all that, but what it is, from a pragmatic standpoint - it's reality, it is what it is.
Here's his most honest answer. It's reality. It is what it is. There's nothing you can do about it. Just pay your taxes like a good citizen. Don't call it theft, that makes the government sound criminal! But we're the good guys!
What he should have said is:
You do not own that property, you are leasing it from us, who represent the society at large. Given the correct political climate, we could rezone your property to commercial and bulldoze your entire neighborhood all for the greater good of society. Your house may be where a highway needs to be - for the greater good you must sell or be removed forcibly from your property. This is your civic duty.
Listening carefully, around 6:32 Mr. Jacobs says "yes" when asked if property tax is legalized theft:
"So subject to that, that's legalized theft under the Arizona Revised Statutes." "Yes"