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Property tax was one of the first taxes, and property was essentially the major form of wealth from the advent of property rights until the last 100 years. We h
by onlyrealcuzzo 6y ago
Property tax was one of the first taxes, and property was essentially the major form of wealth from the advent of property rights until the last 100 years. We have always had a wealth tax -- albeit not federally.
- throwawaysea 6y agoI disagree with property taxes as well. It is perverse because it means you can play the game (economically) based on one set of incentives, devoting your best years to some effort, only to have the fruits of your efforts taken away after the fact. It is simply not compatible with the notion of private ownership. And yes, home ownership with property taxes means you don't really own that property in a true sense.