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i mean, this is less of a property tax issue and more of a social security thing.
Though i am pretty fundamentally against property tax, it's a physical thing that i can own, i don't see why i should pay taxes on it. If you want to tax me just hit me with income tax.
It's a wealth tax on wealth that's very difficult to hide.
except for the fact that it's a wealth tax on wealth that's not really consequential. An income tax by definition must tax ALL income earned by an individual, you cannot hide from that, it's definitionally, evasion.
How is real estate wealth not consequential?Real estate wealth is real wealth, it's why it's literally in the name.
Personal income tax is not a wealth tax, and there are myriad ways to avoid it without evading it.
it's pretty fundamental, there is only a fixed amount of land that exists in the country. A billionaire has roughly 1 billion more dollars than i do. I have roughly one billion dollars less than them, they, weirdly enough, don't have one billion more times land than me.
Theoretically they should have "1 billion times more property tax" than i do, but i'm going to imagine that's not even possible under current tax law.
Personal income tax is not a wealth tax, and there are myriad ways to avoid it without evading it.
yeah, because then it's not income.
Killing time are you being intentionally obtuse just to kill time?
very observant, yes that is arguably part of the shtick.
They dangle the carrot of "home ownership" as if anyone ever owns a home that can be taken away for not paying taxes.
I don't think taxes negate ownership.
If you rent you need permission for every modification, every pet, even for something like planting a garden.
Ownership can be conditional; you can own a domain, but if you don't pay the renewal fee it can be taken away; you can own a car, but if you drive it without paying your registration it can be impounded; you can own a business, but if you don't pay your license renewal it can be revoked.
Owning something doesn't mean it can never be taken away or that you don't need to do anything to keep it.
Counterpoint: https://en.m.wikipedia.org/wiki/Georgism from the original progressive
Marx was not a fan.