Property taxes are immoral. If they must be used, then they should only be assessed on the value of the house at the time of original sale, and the valuation should only change on the next sale. Otherwise, is taxation on an unrealized gain.
“...Property taxes are immoral. If they must be used, then they should only be assessed on the value of the house at the time of original sale, and the valuation should only change on the next sale. Otherwise, is taxation on an unrealized gain....”
Amen!!!
Property taxes are the most abused, insideous tax there is....it’s plain outright evil. It’s literally a legalized ‘shake-down’ and legalized theft if one doeasn’t pay. And it’s year after year after year.....it financially annilates many of the elderly on fixed income.
One doesn’t own anything, one just ‘rents’ it from the government.
There’ gotta be better, fairer way than this outright atrocity....
Property taxes feeds the government monster. These cities counties have no effing right to charge people to live in their homes.
How they ever got the people to go along with these punitive heavy handed taxes is crazy.
Pay 30 or 40 years in property taxes, the elderly finally pay off their homes, and they still are forced to keep paying rent to the local corrupt governments? That's nuts.