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I 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
by throwawaysea 6y ago
I 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.