This is not a normal income tax… they probably didn’t make much money from this tax anyway.
Property taxes are insane there. I like the mountains there but that state is 100% off the list for residence because I do not want to be stuck paying 30k a year just to stay in a paid off house. No freaking thanks.
All taxes are theft and should be abolished. Especially the taxes that don't dare call themselves a tax, like car "insurance".
With property taxes, short term, there should at the very least be a compromise that when my home is paid off, and I have no school aged children, my property taxes end.
I see little reason for grandparents to have to continue to pay 12k per year to live in the home they paid off 35 years ago.
Insurance by nature is something of a legitimate shell game. You’re paying a lower fee to buy into a risk pool.
There may be another way to do it that’s better, but if you just pay one flat fee to cover one upcoming event, they would just price the policy accordingly, and it would probably be a good bit higher than it is now.
They’re certainly not a perfect industry, but the parts that are genuinely widely corrupted are the parts that are tied to government.
There are some good resources out there for learning the basics of insurance that aren’t too hard to understand if interested, can easily learn base level stuff in a few days. Some ancaps used to see insurance as a tool to undercut a lot of government.
The way to fix it admittedly transcends insurance itself.
There are many issues that could be fixed by going after the supposed cause of insurance hikes. Obviously, that's not going to happen.
However, how about capping my rate at my quoted price if I incur no infractions? I've had to switch insurance yearly or bi yearly for over a decade because of the crazy hikes they try to sneak on people who don't care to notice.
The premium inflation rate hike issue is tied more to the money being fake and the real inflation rate being much higher than what gets reported (CPI) than to insurers greedily chasing more profits.
If we fix the money, that issue should be reduced.
If people running a company know real inflation is 12%, and profits are only 6%, someone in the company has to take a haircut in order to stay flat, so it seems likely that most decent employees will get 0-CPI% adjusted salaries, good employees will get a small bonus, and more core employees will get cut in on the profit.
Love your name… if you listen to the X22 report Dave says PDJT is planning to do away with taxes by abolishing the Federal Reserve and bringing back tariffs which was how we got to be such a rich country in the years prior to 1913 before the establishment of the fed. Hope you are not near Nola- stay safe
This tax is on "interest and dividend" income. You have to be an investor to earn this type of income. I do pray that the income tax will end and that we'll be truly free.
This is not a normal income tax… they probably didn’t make much money from this tax anyway.
Property taxes are insane there. I like the mountains there but that state is 100% off the list for residence because I do not want to be stuck paying 30k a year just to stay in a paid off house. No freaking thanks.
Yeah, that's more than the entire mortgage, insurance and taxes per year on my first townhome in Seattle even. Which has a 2014 purchase price
there, fixed
https://www.zerohedge.com/economics/why-property-tax-illegal
Wow moving in the right direction...now to get rid of the federal income tax.
Property tax is a bigger issue for people who own and live in a home. I'm not against property tax for business, just personal residence or homestead
All taxes are theft and should be abolished. Especially the taxes that don't dare call themselves a tax, like car "insurance".
With property taxes, short term, there should at the very least be a compromise that when my home is paid off, and I have no school aged children, my property taxes end.
I see little reason for grandparents to have to continue to pay 12k per year to live in the home they paid off 35 years ago.
“But without car insurance, who’s going to pay for my car if someone hits me?”
“YOU would, and that’s why YOU, as a RESPONSIBLE person, would still carry your own car insurance.”
“But if they hit me, my rates will go up.”
“You cheap fool. Your rates have already gone up by virtue of higher demand by mandate, and by them not having to compete for customers.”
Idiots. Idiots everywhere.
It's a wonder that we can't just carry over the money from year to year if we haven't had any infractions...
Oh that ruins the business model. I forgot.
Insurance by nature is something of a legitimate shell game. You’re paying a lower fee to buy into a risk pool.
There may be another way to do it that’s better, but if you just pay one flat fee to cover one upcoming event, they would just price the policy accordingly, and it would probably be a good bit higher than it is now.
They’re certainly not a perfect industry, but the parts that are genuinely widely corrupted are the parts that are tied to government.
There are some good resources out there for learning the basics of insurance that aren’t too hard to understand if interested, can easily learn base level stuff in a few days. Some ancaps used to see insurance as a tool to undercut a lot of government.
The way to fix it admittedly transcends insurance itself.
There are many issues that could be fixed by going after the supposed cause of insurance hikes. Obviously, that's not going to happen.
However, how about capping my rate at my quoted price if I incur no infractions? I've had to switch insurance yearly or bi yearly for over a decade because of the crazy hikes they try to sneak on people who don't care to notice.
The premium inflation rate hike issue is tied more to the money being fake and the real inflation rate being much higher than what gets reported (CPI) than to insurers greedily chasing more profits.
If we fix the money, that issue should be reduced.
If people running a company know real inflation is 12%, and profits are only 6%, someone in the company has to take a haircut in order to stay flat, so it seems likely that most decent employees will get 0-CPI% adjusted salaries, good employees will get a small bonus, and more core employees will get cut in on the profit.
“Musical chairs” is no way to run an economy.
https://greatawakening.win/p/17t1kD6BUb/central-banking-eli5/c/
Then why have property tax at all? Wouldn't it be better to use a sales tax?
Pro Tip: It won't be the business that pays for its property tax.
I fully realize. Businesses never paid taxes and never will. They factor it in to their goods or services
Our State of Louisiana is about to join the no income tax club. Governor and Legislature are on the same page now and are swinging for the fences.
Love your name… if you listen to the X22 report Dave says PDJT is planning to do away with taxes by abolishing the Federal Reserve and bringing back tariffs which was how we got to be such a rich country in the years prior to 1913 before the establishment of the fed. Hope you are not near Nola- stay safe
This tax is on "interest and dividend" income. You have to be an investor to earn this type of income. I do pray that the income tax will end and that we'll be truly free.
What is given with one hand is taken with the other.
I keep hearing that congress just passed tax payer funded veterans benefits for IDF soldiers, I’m looking into it.
u/#kek
Very cool. Now fo it in florida where it's warm so u can stay.