Comment on This boomer couple would be hit with $700,000 tax bill if they sold their mansion
yeahiknow3@lemmings.world 2 weeks agoYou think it’s normal to lock the US population into place, decrease house market liquidity, reduce inventory, and drive up prices?
Here’s what I think is normal: the primary home, traditionally the ONLY stock of wealth for the working and middle classes, should not be taxed. Period. Your second house should be taxed. Your third house should be taxed. Your stock holdings should be taxed. Your huge boat should be taxed. Not your home.