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To: Leaning Right

Property tax is how the rich and poor screw the middle class. Rich buy homes with cash & own cars & art/antiques worth more than a middle class home paid by monthly payments after debt-financing .....where both mortgage payments, property tax and insurance all some from income, not property value. The poor own no property & often receive housing subsidies such as tax credits on income, for children, child support that is not taxed as income, etc. property goes up in value, but the home depreciates, ie, paint, roof, plumbing, furnishings, appliances ....


27 posted on 02/13/2021 8:30:27 AM PST by Beowulf9
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To: Beowulf9

Rich by their own house with cash and finance investment property


33 posted on 02/13/2021 8:38:15 AM PST by AbolishCSEU (Amount of "child" support paid is inversely proportionate tfo mother's actual parenting of children)
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