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Renters end up paying the property tax as well. Sure, the landlord handles the money at some point, but there’s a solid argument that the tax is ultimately paid
by sokoloff 1y ago
Renters end up paying the property tax as well. Sure, the landlord handles the money at some point, but there’s a solid argument that the tax is ultimately paid by the user rather than the owner.
- twixfel 1y agoThat's true of all taxes. It doesn't mean there shouldn't be any taxes. We should also be able to agree that taxing wealth is preferable to taxing income, at least morally, because hard work should pay a little bit more, and simply owning things should pay a little bit less. I'm simply arguing that work is taxed too much in comparison to wealth. I am not saying taxes should go up even more in general, necessarily.
- account42 1y agoThe point of a progressive home ownership tax is to make it a better deal for more people to own their own homes.