there is no wealth there. What do you not understand about NOT having to cave to the salivating infinite greed of the “market”? If the homeowner actualizes that opportunity then fuck them too and tax that sale all you want. A system that lets you buy a house and then slap a subscription on top with government eviction hanging over your head if you ever fall behind should not exist.
Certain things are paid for by the municipality or county and incur costs to same. People. The people that use those resources like schools roads fire safety EMS etc can play all sorts of games about where they “officially” live but they can’t hide the actual house that their big fat butt sits in so it makes sense to tax that.
What you are saying is that its OK to tax someone who barely makes enough to live by taxing their income but if bob has 2M in property we shouldn’t tax THAT. Do you know how much income tax we should have to charge to make up for that? It’s a LOT and 95% of the benefit will accrue to those who are in the top 10% of wealth whilst much of the cost will be put on those in the folks on the lower rungs.
Shall we also forego taxing the 7 - 75th investment property?.
Can we maybe admit that having put $20,000 into a house that is now worth 2M isn’t a terrible problem to have and that grandpa is still the winner even with taxes?
there is no wealth there. What do you not understand about NOT having to cave to the salivating infinite greed of the “market”? If the homeowner actualizes that opportunity then fuck them too and tax that sale all you want. A system that lets you buy a house and then slap a subscription on top with government eviction hanging over your head if you ever fall behind should not exist.
Tax income. Tax barter. Tax churches.
Don’t tax food, water, or shelter.
Certain things are paid for by the municipality or county and incur costs to same. People. The people that use those resources like schools roads fire safety EMS etc can play all sorts of games about where they “officially” live but they can’t hide the actual house that their big fat butt sits in so it makes sense to tax that.
What you are saying is that its OK to tax someone who barely makes enough to live by taxing their income but if bob has 2M in property we shouldn’t tax THAT. Do you know how much income tax we should have to charge to make up for that? It’s a LOT and 95% of the benefit will accrue to those who are in the top 10% of wealth whilst much of the cost will be put on those in the folks on the lower rungs.
Shall we also forego taxing the 7 - 75th investment property?.
Can we maybe admit that having put $20,000 into a house that is now worth 2M isn’t a terrible problem to have and that grandpa is still the winner even with taxes?