Functionally, there’s no difference. The amount they demand is based off your house’s value, and they take it away from you if you don’t pay. The label is just a detail. And it’s not a trivial cost, I inherited a small, aged, worn out house and I pay over $300/mo just to exist in it. The tax office wildly overestimated it’s value and there’s nothing I can do about it.
meekah@lemmy.world 1 day ago
When you’re renting, you’re always also paying this tax indirectly. Its a tax of having a roof over your head, whether you own it or not*. So it has nothing to do with ownership.
I guess you can argue somewhere in the direction of “tax is theft”, but that’s a different discussion.
phubarr@lemmy.world 1 day ago
It’s interesting to note that Puerto Rico doesn’t have property tax. When you pay off your home, the tax collector’s office just leaves you alone.
meekah@lemmy.world 20 hours ago
That’s nice, I guess they found other ways to fund their government.