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79
Why is Housing so Unaffordable? {Spoiler: J-words and Boomers}- It's not just a meme, there is truth to it (www.youtube.com)
posted 174 days ago by RhodesianRidgeback 174 days ago by RhodesianRidgeback +79 / -0
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– deleted 9 points 174 days ago +9 / -0
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– Ahaus667 1 point 174 days ago +1 / -0

Property tax in practice gets used to steal people`s land. Local counties have been caught endlessly raising property tax to force the land owners to sell. They then lower the property tax after the person they wanted to own the land owns the land.

This is literally every tax in a low trust society.

Property tax also gets used as a way to fun random things that should not be funded. To increase the amount of money flowing through local counties so that those local counties can have a budget for corrupt politicians, the state would hand out money but only to local counties with a high enough property tax. This would be used to justify increasing the property tax across the state. They would do this repeatedly to ever increase the property tax.

Again, every single tax in a low trust society did this. You’re complaining about how the tax is being abused, every tax is abused.

There are better way to to raise tax reveanue that can`t be abused. Sales tax is one of them as people pay more attention to sales tax.

This is hilariously untrue. Sales tax is the single most abused tax there is. If you don’t believe me, look into how many different sales taxes there are varying on products and how surges in sales taxes on specific items (luxury tax for example) have completely destroyed industries because even rich people aren’t going to buy luxury goods when the government slaps an accrued 45% luxury tax on it. People pay attention to a 6-8% sales tax on a tv, they don’t pay attention to the 8-10 sales taxes already paid for just to make that tv from various parts, they instead complain about the final price.

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– deleted 1 point 169 days ago +1 / -0
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– Ahaus667 1 point 169 days ago +1 / -0

Everything you just said also could directly apply to property taxes. People pay way more attention to property taxes than sales taxes. Everything I listed is sales tax, they’re just hidden ones. Businesses also operate on land, there’s no incentive to have increased property taxes for them the same as sales taxes.

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– deleted 1 point 163 days ago +1 / -0

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