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Cake day: June 12th, 2023

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  • It is mathematically impossible for someone in poverty to be unable to afford property taxes, because if their property valuation is so high that taxes are a burden, they’re not poor. They can sell and pay rent in a more modest place. And yes, if the housing market happens to be whackadoodle and despite the sale proceeds they still can’t afford rent for some reason, then they’d be eligible for subsidies.

    the obvious choice is to increase taxes on those with a gross excess

    Including people whose homes, through no hard work of their own, have ballooned to incredible value.

    A person who becomes a millionaire through property value increase is even less deserving of tax breaks than a business owner who makes a million dollars. At least the business owner probably put some work into earning the money.