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Where would they live? With a budget of 2 million dollars- they could own an extravagant home practically anywhere in the US while pocketing hundreds of thousan
by jonfw 5y ago
Where would they live? With a budget of 2 million dollars- they could own an extravagant home practically anywhere in the US while pocketing hundreds of thousands of dollars.
I have no idea why people who are living off of social security should be in the most desirable housing in the entire country
- potta_coffee 5y agoWhy should they be forced to sell a house that they earned and paid for?
- jonfw 5y agoNobody is forced to do anything. They can certainly leverage their significant equity in the home to pay those taxes, they can take a lien like many other states allow for in these situations, etc. But frankly I don't understand why a retiree who is living off of social security would sit on a multi million dollar asset, rather than cashing out and increasing their standard of living many times over by moving. And I don't think they are a victim by having generated 10-20x returns on their home
- JAlexoid 5y agoWhy should they get services, that are paid by people with no money? Also - they wouldn't be paying $30k per year. If you had a rational government cost distribution among people in the area, you wouldn't need to charge people $30k just in property taxes. And then - they also haven't paid their fair share of taxes in decades, so why do they get to be in a highly privileged position? Imagine if I didn't pay any income tax for 50 years - would you excuse me, if I turned 60?