balderdash to [email protected] • 1 year agoThe system is brokenlemmy.zipimagemessage-square273fedilinkarrow-up11.11K
arrow-up11.11KimageThe system is brokenlemmy.zipbalderdash to [email protected] • 1 year agomessage-square273fedilink
minus-squareLeekslinkfedilink8•1 year agoMany states have tax cuts for living in the property you own. The high tax rate is the state saying “if you make money, we want to make money”.
minus-square@[email protected]linkfedilink7•1 year agoThe problems is that if you live in an house you rent, you have to pay indirectly full property tax. Cause you aren’t living in a property you own.
minus-square@[email protected]linkfedilink1•1 year agoMy city* only levies land taxes on investment properties If you live in your own home, there is no tax *Canberra, Australia
Many states have tax cuts for living in the property you own. The high tax rate is the state saying “if you make money, we want to make money”.
The problems is that if you live in an house you rent, you have to pay indirectly full property tax. Cause you aren’t living in a property you own.
My city* only levies land taxes on investment properties
If you live in your own home, there is no tax
*Canberra, Australia