GodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 2 months agoThe rich convinced us that taxing them is too complicated but everyday people can be taxed pretty easilydiscuss.onlineimagemessage-square10linkfedilinkarrow-up1247arrow-down14file-textcross-posted to: [email protected]
arrow-up1243arrow-down1imageThe rich convinced us that taxing them is too complicated but everyday people can be taxed pretty easilydiscuss.onlineGodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 2 months agomessage-square10linkfedilinkfile-textcross-posted to: [email protected]
minus-squareSerinus@lemmy.worldlinkfedilinkarrow-up1·2 months agoWhat? It’s not 1 for 1, but it’s certainly based on the assessed house value. That’s relative. In some places if your assessed value doubles, your property taxes double. Some places have laws that cap the increase per year, but not always.
minus-squareHumanOnEarth@lemmy.calinkfedilinkarrow-up1arrow-down1·2 months agoWhere I am, I think our city hall would be burned down if property taxes doubled with a house price doubling.
minus-squareSerinus@lemmy.worldlinkfedilinkarrow-up2·2 months agoPeople in Ohio are trying to get a petition going to eliminate property taxes. Our property taxes are too high, but eliminating them is the dumbest. If you thought corporate house buyers were bad before…
minus-squareDilligentincubus@piefed.calinkfedilinkEnglisharrow-up1·2 months agoThis! When I see people crying to stop property tax all I can think is “corporate home buying would go through the roof”.
What? It’s not 1 for 1, but it’s certainly based on the assessed house value. That’s relative.
In some places if your assessed value doubles, your property taxes double. Some places have laws that cap the increase per year, but not always.
Where I am, I think our city hall would be burned down if property taxes doubled with a house price doubling.
People in Ohio are trying to get a petition going to eliminate property taxes.
Our property taxes are too high, but eliminating them is the dumbest. If you thought corporate house buyers were bad before…
This! When I see people crying to stop property tax all I can think is “corporate home buying would go through the roof”.