this post was submitted on 15 May 2025
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A Boring Dystopia
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Okay I know it's not such a popular opinion but I'm still on the notion that you shouldn't pay taxes for holding on to the place that you live.
Yeah yeah local governments need income and all that and their house is assessed over 4 million dollars and many people can't even afford a home at a 10th of that and they should have known and blah blah blah but come on, commodified housing is bad enough. Paying what amounts to a rent to the state just to hold on to the property, actual repairs and upkeep and other naturally occurring costs aside is insane.
Tax the sales of property. Tax the legal transfer of control of LLCs that "own" property. I'm not even saying never charge property tax on properties not occupied by the owner, but you should be able to have a house to live in without paying the state for the privilege of them not taking it.
What in the libertarian garbage is this? Do you like roads, schools, libraries, parks, garbage pickup, etc etc etc. Property taxes pay for these things.
I think you're misunderstanding the post... He's saying property taxes are a necessary source of government revenue (that we all benefit from) but you shouldn't have to pay it if it's a primary residence and there should be a different structure or revenue stream. I agree with that, since a property tax is basically a wealth tax on ordinary people because it is a tax on their single biggest asset.
Where do you want the revenue needed to fund the city to come from if not from property owners?
Workers. Employers. Commuters. Capital gains. Sales.
There are so many things you can tax, so many points where money moves from one set of hands to another where you can shave a little off the top. It's just a bit absurd to me that we will shake people down for money for just having a home that an assessor figures could sell for some particular amount of money.