Comment on ‘My Property Tax Went From $15K to a Life-Altering $91K a Year’
mcteazy@sh.itjust.works 1 month agoI think you’re misunderstanding the post… He’s saying property taxes are a necessary source of government revenue (that we all benefit from) but you shouldn’t have to pay it if it’s a primary residence and there should be a different structure or revenue stream. I agree with that, since a property tax is basically a wealth tax on ordinary people because it is a tax on their single biggest asset.
partial_accumen@lemmy.world 1 month ago
Where do you want the revenue needed to fund the city to come from if not from property owners?
deathbird@mander.xyz 1 month ago
Workers. Employers. Commuters. Capital gains. Sales.
There are so many things you can tax, so many points where money moves from one set of hands to another where you can shave a little off the top. It’s just a bit absurd to me that we will shake people down for money for just having a home that an assessor figures could sell for some particular amount of money.