CAN SOMEONE EXPLAIN THIS TO ME LIKE I’M IN KINDERGARTEN
I’m almost 30 years old & I still can’t grasp property taxes. So like even if the house is paid off in full…the government still owns the plot of land that the house is on? How long can you even go without paying before they come snatch up your house?
Genuinely asking
A case of soda is $9+ now.
I remember seeing deals like 4 for $12
back in 2020.
I compared SAME grocery order:
From 2020: $72.85
From Today: $163.29
Over $90 MORE for the same order.
That's over 100% inflation rate since 2020.
Our paychecks sure as hell didn't double...I can't be the only one that's noticing this right??
Property taxes should be outlawed.
And before someone says “aLL tAxEs sHouLd be ouTlaWed” yes, but property taxes in particular are the most unjust.
Every other tax is based on a share of a transaction. You always know upfront what this share will be.
Property taxes, on the other hand, are based on a “value” assessed by the same entity levying the tax. Your town or county literally “decides” what your property is worth (assessed value) and then demands a share of it, regardless of your ability to pay. Fail to pay and they take the property for themselves.
The model is actually worse than an unrealized gains tax; you aren’t just paying the tax on the gain, you are basically paying a percentage of whatever they decide the value is, every year in perpetuity.
That’s why it’s is the most unjust tax. That’s why it should be abolished.
Hey @grok, My brother just turned 25.
$60k salary, still living at home, $7.5k in savings, and $19k left on the car loan.
He keeps saying he feels behind. Is he?
Can i ask a serious question?
It’s been months and i’m still trying to figure out why is dental coverage not funded by Medicare? Americans over 65 are the age group with the lowest rates of dental insurance coverage. Medicare covers most other preventive care. Why not dental?