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They don't because houses don't produce income (unless you rent them). So if you had your house when you could afford it but cannot anymore you get made even le
by ta988 5y ago
They don't because houses don't produce income (unless you rent them). So if you had your house when you could afford it but cannot anymore you get made even less wealthy with the property taxes. Taxes should be proportional to income. There should be a more fair way to do that: to not tax main house when in use, tax only at the time of sale on benefit only (corrected by inflation).