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I started to nod in agreement but as I went down your list I vehemently disagree with where the continuation of that thought goes..
by electriclove 4y ago
I started to nod in agreement but as I went down your list I vehemently disagree with where the continuation of that thought goes..
- TulliusCicero 4y agoWhy's that? The way I look at it, if the purpose is to protect people from needing to move because they can't afford property taxes, restrictions should be narrowly tailored to only apply in that case.
- electriclove 4y agoYou lost me when you bring up burdensome and household income. Who gets to decide what burdensome is? An owner occupied home should be protected - regardless of how long they have been there or how much money they earn. I do not believe in penalizing this group. The other groups are all doing business and making money off others and I find that to be more justified for being taxed at market.
- TulliusCicero 4y ago> Who gets to decide what burdensome is? The same entity creating the regulations, I imagine. Who else would? Set it at some threshold, if the property tax goes beyond some % of annual income then it gets capped. > I do not believe in penalizing this group. Letting people pay property taxes proportional to their property value is not "punishment", any more than people paying income taxes proportional to their income is "punishment".