I argue that we should replace property taxes with income taxes because property taxes lead the disparities in outcomes between different jurisdictions
Property tax funds important things like schools, emergenct services, etc.
if he was destitute otherwise would already have sold it. You are arguing in favor of a tax break for some rich prick probably worth north of 3 million not paying the taxes that pay for your kid to get a decent education because basically feels.
Its no more immoral than you giving up your income.
shortrounddev@lemmy.world 2 days ago
glockenspiel@programming.dev 1 day ago
The wealthy often have near zero or net negative income. It’s one reason why income taxes are optional for them but property taxes ultimately aren’t.
shalafi@lemmy.world 1 day ago
1.6M cash hoard
Cash is liquid, the theoretical home in question is not.
michaelmrose@lemmy.world 1 day ago
It trivially is in any hot market
faythofdragons@slrpnk.net 1 day ago
There is no way you can convince me that gentrification is actually good for kids. Property tax funding education does nothing but punish poor families.
UnderpantsWeevil@lemmy.world 1 day ago
Property taxes funding education, in a state like Texas where school districts are seized by the state and systematically dismantled by private equity interests operating in state-appointed positions, is a fucking joke.
This isn’t strictly an issue of taxation. Its an issue of (un)representative governance forcing people into a privatized model by leveraging the pain caused through dysfunctional public services. “Oh oh! Crimes up! We need more cops! Oh oh! Schools are failing! So we need more… checks notes football stadiums and administrative offices.”
It’s deliberate mismanagement intended to destroy confidence in public institutions.
faythofdragons@slrpnk.net 1 day ago
For those who want more info on this, here’s the wiki: en.wikipedia.org/wiki/Starve_the_beast