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And it's extremely Regressive. Out of 2 people who bought the same house, the guy who bought it 30 years ago, made 2 million dollars, but is taxed 10 times les
by pascalxus 9y ago
And it's extremely Regressive. Out of 2 people who bought the same house, the guy who bought it 30 years ago, made 2 million dollars, but is taxed 10 times less!
- lostapathy 9y agoI've always wondered why this can't be subject to a constitutional challenge under equal protection. If the main reason somebody pays less taxes is that they bought the house before you were born, that feels like age discrimination.
- wbl 9y agoThey tried. It didn't work.