@Mickey7 to Lemmy Shitpost • 3 days agoOwing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury youimagemessage-square327arrow-up1753arrow-down189starcopymore-verticalflagCreate ReportslashBlock user
arrow-up1664arrow-down1imageOwing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury you@Mickey7 to Lemmy Shitpost • 3 days agomessage-square327starcopymore-verticalflagCreate ReportslashBlock user
minus-square@[email protected]linkfedilink18•2 days agoyou could have progressive taxes on wealth as well. there’s a difference between having one house worth 500k and having 500 million in shares arrow-up118arrow-down10file-textreply1starmore-verticalmailMessageflagCreate ReportslashBlock user
minus-square@[email protected]linkfedilink4•2 days agoTrue, you just need to make sure you start high enough up, or exempt the value of a primary residence (maybe limit the exemption to a non-opulent value of a house so the richest don’t start building castles to bind their money tax free) arrow-up14arrow-down10file-textreply1starmore-verticalmailMessageflagCreate ReportslashBlock user
you could have progressive taxes on wealth as well. there’s a difference between having one house worth 500k and having 500 million in shares
True, you just need to make sure you start high enough up, or exempt the value of a primary residence (maybe limit the exemption to a non-opulent value of a house so the richest don’t start building castles to bind their money tax free)