5 ms·
I hope you enjoy roads leading up to your house, and schooling for your children because that's what your land tax is paying for. This is more like "protection
by lordofgibbons 6y ago
I hope you enjoy roads leading up to your house, and schooling for your children because that's what your land tax is paying for.
This is more like "protection" racket
- dillonmckay 6y agoSo, if I stop paying my landtax, they take away the roads and schools, or take away my home?
- huffmsa 6y ago3) they take away you.
- kls 6y agoNot for land taxes at least not in the US, if you do not pay your land taxes, the bill goes up for auction, someone pays it and you owe that person interest and principle. If you do not pay it for a certain amount of years, they can call for an auction of the asset and they are the first guarantee of settlement for their principle and interest. Then mortgage, then mechanics lien, etc. etc.
- ethanwillis 6y agoWell to be fair that's not the only thing land tax is paying for and it's in dispute whether the allocation is "correct." And people would still like roads and schooling for their children whether the government provides it or not. It's interesting how even under our current system people still build these things privately.
- bb123 6y agoI'm in the UK, which doesn't have land taxes. Stamp duty is one time payment.
- daveoc64 6y agoSo you pay Council Tax then, which is pretty much the equivalent.