(10-15-2022, 07:26 PM)copycat Wrote:

(10-15-2022, 12:32 PM)mikesez Wrote: I've deduced your position.  Your position is that any amount of property tax is morally wrong because once you pay off your mortgage it should be yours forever.  Then you should be able to pass it to your kids and your kids should be able to live in it tax free indefinitely. So your kids will live tax free and rent free and mortgage free and they will have extra disposable income to out-compete the people still paying their property off as they invest in adjacent properties, pay them off, and pass even more property to their kids. Meanwhile there is no penalty for continuing to acquire more and more property, so there is little motive to sell or redevelop. Your property, with no mortgage, no tax, no costs, is worth more to you than it could ever be worth to any new owner who might have to pay some of those things, at least at first

Some people call that the feudal system.  It probably sounds better when you explain it.  Which is why I gave you the chance.

Wow!  I think I see the issue when dealing with you.  You are unable to process any information outside of what you read off of a website.  You have no empathy and are unable to correlate real world experiences with the “facts” you read off of your google searches.  So let me try and help you understand what common everyday people experience in the real world.  

1.  You still have yet to answer my original question.

2.  Yes property taxes are 100% morally wrong.  Your conclusion however is also 100% wrong.

3.  When my wife and I purchased our home we paid taxes on the purchase.

4.  With every upgrade we have made we have paid taxes on again, every board, nail and drop of paint.

5.  With the two aforementioned facts listed, we are punished every year for having been responsible adults, saving our hard earned income as we sacrificed immediate gratification for a brighter future.  Also, according to you we should be punished further because we actually own property.

6.  And this is where I really get ticked off with this tax system that you support, because we had the audacity of not paying interest for 30 years we are unable to deduct what we actually did pay to get here we are.  Ergo, we are punished thrice for being responsible.

7.  Finally how in the hell did you make the leap to an inheritance tax and a feudal system with anything I previously posted?  What the heck are you smoking?

You did not pay sales taxes when you purchased your house.  Then you paid the interest on the mortgage out of your pre-income-tax income.  The home improvements, yes, you likely paid sales tax on those and paid them out of your post-income-tax income.

So your martyrdom is somewhat overwrought.  You can get off the cross.

And leaving aside that you don't understand our income tax system, where did I say I support any aspect it?

Are inheritance taxes OK? Should we tax inheritances?

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