💥🦁💰 Trump Drops Bombshell Proposal: Allegedly Suggests Eliminating Income Tax in Favor of High Import Tariffs During DC Republicans Meeting 💥🦁💰
(www.thegatewaypundit.com)
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I'd like to see property tax go away as well as income tax. And make state income tax illegal while you're at it.
Property tax is the most immoral of all taxes as it is a tax on one's very existence, since as physical beings we all must reside somewhere. The other taxes you can mostly avoid by not undertaking the activity they are taxing.
Yep. We are basically serfs who cash rent our land from the lord
Local income tax has to be the most egregious. Like, how in the fuck do they think they have that authority? Actual clowns.
Local makes more sense than federal, anyway.
Still makes no sense, though.
Property tax going away would be the best of all. Maybe start slow and make it so you don't get taxed in a flexible capacity years after you buy your home.
Start it at precisely the rate you paid upon purchase. Then go down...not up.
Nothing pisses me off more than when the county comes in and assesses your property valuation at 3x what you paid for it because someone paid that much for a house in your neighborhood. I bought in an affluent area in North Texas back in 2013…2000sq ft, 1/2 acre tree lot with a pool…paid 208k for that house, now my property taxes are valued at 600k. We bought because it made sense and didn’t want to be house poor, now 11 years later the house payment is almost 500.00 more a month, just on property taxes. It’s beyond insane.
It sucks because it's also rigged. When does valuation ever go down? It doesn't. It only ever goes up.
Even if it's a semi-permanent change, having your payments go down over time depending on how long you've owned the property makes a ton of sense on many different levels, and it incentivizes owners to stay at and improve their homes rather than leaving, which makes the neighborhood look better.
Also eliminate sales tax from necessities.
I agree. With the result being that the extra $$ in people's pockets after eliminating taxes, they will have more to spend on non-necessities.
Property tax is a luxury tax. Property tax should be based on how your home or property impacts the community. If you have 10 bathrooms you’re going to use more water and send more down the sewer. If we each have the same bathrooms, same amount of square footage and the same size driveway but your house was built in 1920 and mine was built last year with newer amenities my tax shouldn’t be higher just because mine is twice the market value as yours.
I'm not sure how you value this, but I'm not on city water - I am self-contained with a well. Also, I produce an agricultural product (fruits and berries) that provide a resource to the community. So I think your formula is flawed. Once I pay off my property, I should not have to pay tax to the borough or state to use it.