Comment

Comment on EU-funded report calls for wealth of super-rich to be taxed, not income

sixCats@lemmy.dbzer0.com ⁨1⁩ ⁨year⁩ ago

I think that’s crazy

I also think that’s crazy. In the UK we pay stamp duty, a one time tax when you buy property. It’s much more if it isn’t your primary residence

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JoBo@feddit.uk ⁨1⁩ ⁨year⁩ ago
You pay council tax. It is a different way of collecting the same tax.

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- sixCats@lemmy.dbzer0.com ⁨1⁩ ⁨year⁩ ago
  Council tax doesn’t pay for any of the things that property taxes do. The USA also has separate taxes for bin collection etc
  
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  - JoBo@feddit.uk ⁨1⁩ ⁨year⁩ ago
    You’re paying for local services and the amount you pay is based on the value of your home. HTH
    
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    sixCats@lemmy.dbzer0.com ⁨1⁩ ⁨year⁩ ago
    Yea but notably property taxes pay for schools in the USA, council tax pays for roads, lights, bins etc
    
    In the UK you don’t get to go to a better school just because your house costs more money
    
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ryannathans@aussie.zone ⁨1⁩ ⁨year⁩ ago
It’s typically about 5% here

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