Property taxes on primary residences are a tax on unrealized gains, and the double standard around it is glaring.
You buy a house for $300k with your after-tax dollars. Years later the market rises and the assessor says it’s now worth $600k. Your tax bill goes up—even though you didn’t sell, didn’t refinance, didn’t pull out a dime of equity. You’re paying higher taxes every single year on “wealth” that exists only on paper. That is the literal definition of taxing unrealized appreciation.
Politicians and pundits scream bloody murder when anyone suggests doing the exact same thing to billionaires’ unrealized stock gains. “It’s unfair! They’ll be forced to sell assets!” Yet the same logic is applied to your family home without a second thought. If the principle is wrong for Elon Musk’s Tesla shares, it’s wrong for grandma’s paid-off house.
The common defense—“It pays for schools and roads”—doesn’t hold up as justification for this specific mechanism. Those services are valuable, but tying their funding to the fluctuating paper value of your home creates a system where success (a nicer neighborhood, inflation, or simple supply and demand) is punished with a higher bill. Once the mortgage is gone, you still don’t truly own it. You’re a tenant with extra paperwork, paying annual rent to the government based on an assessment you don’t control.
This isn’t about hating government services. It’s about honest funding. Tax actual economic activity—consumption via a broad sales tax, realized capital gains, or user fees for specific services. Shift the burden to people who are actively spending or transacting in the economy instead of penalizing ownership itself. Other countries and even some U.S. localities have shown you can fund local government without treating primary homes like perpetual leaseholds from the state.
Ownership should mean ownership. Not “you own it until the county decides your paper equity went up.” Abolish property taxes on primary residences. The current system is a wealth tax dressed up as a service fee, and it’s long past time we called it what it is.
The biggest scam in life is paying taxes on the money we make, paying taxes on money we spend, and taxes on things we own, that we already paid taxes on, with already taxed money.
TODAY is the day. The DOJ must charge Fauci for lying under oath or lose the chance forever. This man oversaw gain-of-function research at the Wuhan lab, lied to Congress about it repeatedly, and watched as you were called crazy for asking questions. The statute of limitations expires tomorrow. The American people have waited long enough for accountability.
Time in Federal Government…
Alexander Hamilton: 5 years
George Washington: 8 years
Thomas Jefferson: 10 years
John Adams: 12 years
Bernie Sanders: 35 years
Nancy Pelosi: 39 years
Mitch McConnell: 41 years
Chuck Schumer: 45 years
It explains everything.
Founders vs Grifters
my dad paid $1,200 a year in property taxes in 1999
same house today
$33,000 a year
that’s $2,750 a month
just to stay in a house you already own
you never actually own anything
you just rent it from the government forever
The DOJ has ONE WEEK left to charge Anthony Fauci for the worst cover-up in modern medical history.
He lied to Congress about funding gain-of-function research in Wuhan. Millions died. Trillions were spent. And Fauci walked away with book deals and fawning media coverage instead of handcuffs. I re-upped my criminal referral to the DOJ because the evidence is overwhelming, and justice has been delayed long enough.
RT if you’re ready to see Fauci behind bars.
@RubenGallego Private property is just that, Private! Keep your grubby money hungry hands off them! What you do with your own home is your business, not the governments. We've had enough of this nanny state bullshit.