Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: BobL

In my neck of the woods the real families can’t afford the property taxes.


10 posted on 07/03/2024 3:25:48 PM PDT by mewzilla (Never give up; never surrender!)
[ Post Reply | Private Reply | To 7 | View Replies ]


To: mewzilla

Fighting now in Congress to send a middle-class income and property taxation cap constitutional amendments to the states would add the electors of several deep blue states to Trump’s total and make Congress turn deep red come November.

[perhaps]
Federal income taxation shall be capped as follows, on personal income:
below the average yearly apartment rent in the District of Columbia, 10%,
below the median federal full-time civilian employee compensation amount, 22%,
below the average employee compensation of the 100,000 best paid federal full-time civilian employees, 30%,
below the average employee compensation of the 10,000 best paid federal full-time civilian employees, 40%.

[Note: All percentages to include employee FICA. They would not fully include self-employment tax, so people that pay SE tax might choose to voluntarily invest in the SS system or otherwise arrange for their own retirement funding.]

[Anything that the IRS would as of January 1, 2024 legally be able to collect income tax on if provided to any person would be considered compensation.]

Taxation and levies on any residential property of less than 2799 square feet of finished space shall be no higher the 2019 dollar amounts on the property, or for a newer or since resold property what a similar property in the same area would have been taxed at for 2019 if it lacked owner specific tax breaks, increased by 3% per calendar year since 2019 and by any percentage increase to its finished living space.


16 posted on 07/03/2024 3:59:21 PM PDT by Brian Griffin
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson