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> Of course property taxes have something to do with the gain or loss in the value of the property. Which is not same as taxing the unrealized gain. Property t
by KorematsuFredt 5y ago
> Of course property taxes have something to do with the gain or loss in the value of the property.
Which is not same as taxing the unrealized gain. Property tax is a wealth tax and not any kind of income (or gain) tax.
- dionidium 5y agoYes, as I said in another comment, I think people are just getting caught up on the article's use of the word, "income," which was indeed well-poisoning from the start. Obviously it’s not income in the ordinary sense and it’s not taxed like income.