This is basically a tax on “unrealized gains”, which is what the Dems are pushing for on all forms of investments. Unless you’re already one of the elite who can hide your wealth, then it will become impossible to build wealth over time - which is exactly what they want. They want a population dependent on the government teat, which ensures an electorate that will keep voting for “free” stuff.
This is basically a tax on “unrealized gains”, which is what the Dems are pushing for on all forms of investments. Unless you’re already one of the elite who can hide your wealth, then it will become impossible to build wealth over time - which is exactly what they want. They want a population dependent on the government teat, which ensures an electorate that will keep voting for “free” stuff.
Much worse than tax on unrealized gains. Its tax on the capital. You gotta pay even if your property lost value.
The auditor does review property values and lowers house value and therefore taxes..happened to me after 2008 crash...but property taxes are assho
It's my understanding that according to the time traveler John Titor from 2036, there is no property taxes in the (near) future.
Donald Trump, a real estate man, understands the oppressive nature of property taxes. It would be illogical to think he would NOT abolish it.
"Make 'Property Taxes' unconstitutional (Again)"
WWG1WGA!
Like the carrot on a stick....