Comment on Owing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury you

• KillingTimeItself@lemmy.dbzer0.com ⁨2⁩ ⁨weeks⁩ ago

  it’s pretty fundamental, there is only a fixed amount of land that exists in the country. A billionaire has roughly 1 billion more dollars than i do. I have roughly one billion dollars less than them, they, weirdly enough, don’t have one billion more times land than me.

  Theoretically they should have “1 billion times more property tax” than i do, but i’m going to imagine that’s not even possible under current tax law.

  Personal income tax is not a wealth tax, and there are myriad ways to avoid it without evading it.

  yeah, because then it’s not income.

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  • m0darn@lemmy.ca ⁨2⁩ ⁨weeks⁩ ago

    Killing time are you being intentionally obtuse just to kill time?

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    • KillingTimeItself@lemmy.dbzer0.com ⁨2⁩ ⁨weeks⁩ ago

      very observant, yes that is arguably part of the shtick.

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