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There are already laws that are written referencing primary residence. It’s not hard to imagine exempting that and just making sure grandma only pays for her 8
by VirusNewbie 3y ago
There are already laws that are written referencing primary residence. It’s not hard to imagine exempting that and just making sure grandma only pays for her 8 vacation homes.
- krupan 3y agoWhy does she need to pay more taxes because she owns vacation homes? If they are generating income for her then income tax would make sure she's paying her fair share. Certainly whatever income she used to buy those homes was also taxed.
- VirusNewbie 3y agoBecause land use is an externality, and plenty of people own land without generating much income as a way to store wealth and for asset speculation.