5 ms·
It is quite possible to own property in a given county while having no actual income in that area. If you wanted to get deep into the economics, you can consid
by slavboj 4y ago
It is quite possible to own property in a given county while having no actual income in that area. If you wanted to get deep into the economics, you can consider a property tax as a tax on imputed rents (which is a standard appraisal method anyway).
- pessimizer 4y agoI said this is what happens when you don't have an income tax because I think it's true, not because I don't think this is better. People with property should pay proportionally more taxes because services go to people proportionally to the amount of property they have. I'm all for wealth taxes, and property taxes are wealth taxes. This is the gentry getting gentrified.