In no way is a property tax a tax on unrealized gains. The tax is a fee for protection of the property, end of story. If you don't pay property tax to anyone, you must protect your own property, which is usually very inefficient.

But hey!! ”VoTiNg doesn’T matter ”

People hate taxes in general

But without property taxes, how will the city pay to dig up the brand new street they just paved 3 months ago???

The people that vote for Kamala do not have assets anyways so they couldn't find a fuck to give about unrealized gains taxes

Unrealised gains is the end game of fiat.

When you think about property taxes relative to income, it highlights how burdensome they are. Someone earning $100k/yr, owns a $500k house, paying 1.5% annual property tax, pays $7,500/yr, or 7.5% additional tax relative to income!!

No one likes any tax. So, ignoring the argument that all taxes should be abolished, I think it makes more sense to say that property tax ( for real estate) will be one of the only remaining taxes in the coming age. Income tax is only possible if transactions can be monitored. In a Bitcoin world, i...

push left to vote right imho/ voting mmm!

I’m can’t wait to vote AGAINST Trump, again, because he is a horrible human being, but this Harris proposal is a fucking disgrace. I can’t believe the campaign is so stupid to propose it.

I would be happy just to see the property tax itemized so we can drive some accountability. Some sevices make sense.

Wen Nostr Joe?

Property tax is not an unrealized gains tax. Nowhere in your property tax bill are they calculating any sort of gain. The tax rate applies to the assessed value of the home. Bharat Ramamurti graduated from both Harvard and Yale. He knows better. Shame on him, and those like him.

Every person who pays their own bills and doesn't watch msm hates Democrat policies. This is humanities great battle, all the NPCs on one side vs all the real humanoids on the other side.

🫡

Wow, the US will go full communist.

I’d call property tax a “wealth tax”, not “unrealized gains”.

No one should consider themselves "free" if they must pay property taxes.