HYPOTHETICALLY… IF I BOUGHT MY HOUSE FOR $125,000 IN 2002 AND THE COUNTY NOW SAYS IT’S WORTH $487,000, WHERE DID I ACTUALLY MAKE $362,000?
Did I sell it? No.
Did I receive $362,000? No.
Did somebody hand me a check for the new assessed value? Obviously not.
But my property taxes still go up because, on paper, my house is suddenly worth hundreds of thousands more.
That’s the part that doesn’t make sense to me.
This isn’t income.
It isn’t cash sitting in my bank account.
It’s a number someone assigned to my property, and now I’m being billed based on that number.
If my stock portfolio doubles but I don’t sell, I haven’t turned that gain into cash.
If my salary stays the same, I don’t suddenly owe more income tax because someone thinks I’m worth more.
So why does owning a home work differently?
WHY AM I PAYING TAX ON A GAIN I NEVER REALIZED?
A house isn’t just an investment.
It’s where people live.
You can pay off the mortgage, own the property outright, and still face a bigger bill every year because the value of the house went up on paper.
At some point, you have to ask what “owning” something actually means if the cost of keeping it can keep rising because of money you never received.
THIS ISN’T ABOUT WHETHER THE HOUSE IS “WORTH” MORE.
IT’S ABOUT BEING CHARGED FOR VALUE YOU NEVER TURNED INTO CASH.
And people are starting to notice.
Pappas has NEVER held a real town hall. He only 'listens' to Democrats and then votes to HARM them anyway. Pappas is one of the WORST reps NH has ever had. He doesn't deserve a promotion. He deserves to be punted back to the Puritan. #PuntPappas#NHpolitics#NHSen
@DJM4171@Gilber2315@libsoftiktok@WPSedu Just because a child has a “besty” this does not imply sexual attraction. These groomers are attaching sexual behavior to innocent social relationships.
A large tree trunk has been uncovered beneath a glacier in the Alps, dated to around 6,000 years ago.
The species is Swiss stone pine.
Today, trees of that type cannot grow at that altitude because it is far too cold.
This means that when that tree was alive, the climate there had to be warmer than today.
6,000 years ago aligns with the Holocene climate optimum, a time when temperatures were far higher than now, even with far less atmospheric CO2.
Earth's climate is cyclical and Mother Nature self-regulates.
Narratives of doom serve political aims, not reality.
I just paid $4.29 for gas so I’m voting to let in a million more foreign pedophiles, hire back 300k laid-off federal bureaucrats, allow Somali scammers to steal another $100 billion and make sure colleges and corporations continue to discriminate against white guys.