this post was submitted on 17 Apr 2026
22 points (82.4% liked)

Explain Like I'm Five

21442 readers
49 users here now

Simplifying Complexity, One Answer at a Time!

Rules

  1. Be respectful and inclusive.
  2. No harassment, hate speech, or trolling.
  3. Engage in constructive discussions.
  4. Share relevant content.
  5. Follow guidelines and moderators' instructions.
  6. Use appropriate language and tone.
  7. Report violations.
  8. Foster a continuous learning environment.

founded 3 years ago
MODERATORS
Rikudou_Sage@lemmy.world
rikudou@lemmings.world
sabbah@lemmy.world
AradFort@lemmy.world
Don_Dickle@lemmy.world
22
Explain Like I am a child ... taxes. I get you pay taxes on goods you buy everyday. And you get said goods by paying a one time fee. But how come on a home after being paid off I still pay taxes...... (lemmy.world)
submitted 2 months ago* (last edited 2 months ago) by Patnou@lemmy.world to c/explainlikeimfive@lemmy.world
39 comments fedilink hide all child comments
 

I mean I paid for it like I would anything else I wanted. They charge a tax at checkout. So if I buy a house and pay the whole thing off, why do I still have to pay taxes on said house when I paid the whole agreed on price in full? It would be like me buying a six pack of beer I pay for it and tax at checkout. But then timely I have to keep paying taxes on the beer even though paid in full?

you are viewing a single comment's thread
view the rest of the comments
[–] Artisian@lemmy.world 2 points 2 months ago* (last edited 2 months ago)

I was curious, so I looked up a couple large cities. New york has a long budget document that really lacks charts, but talks a lot about schools. Somebody made this visualizer (which lacks pie charts! Why?!) for LA. Montreal has some reasonable pie charts for where their tax dollars go.