Some states look to eliminate property taxes

An end to property taxes would help cash-strapped homeowners but some fear that may lead to an increase in sales and income tax.

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[spiritanimal]

This should only happen for actual homeowners not corporations who buy houses

[CliveBirse]

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

[Aarrenrhonda]

This year will undoubtedly be worse than the previous one. Because I was so concerned about my portfolio, I made poor investing decisions that cost me a lot of money last year. Though I was unsure whether to begin making house payments, I continued to invest. Ultimately, I let go of my jobs, and the house required more maintenance than I'd anticipated. How long can I continue in this manner?

[bender]

Now that corporations own all the homes, now they want to remove this tax? How transparent does greed get?

[hhc]

Paying thousands in property taxes yet kids have crappy schools

[ihopethiscommentisntabusiv]

Property tax up 40%, you think states are giving out 40% better public services? The money just vanishes.

[Rick_Steel]

Property tax is just a gentle reminder from the government that you don't actually own your land. 😠

[chriss]

Property Tax: Money that must be paid, otherwise you will be evicted. We call that rent where I come from.

[domenictv]

You want to stop taxes now that corporations own a large number of houses 🤔

[xanderz]

Problem is, where's the money going?

[devorarossi]

Taxes, water, everything goes up except my salary.

[scswgvr]

Our government could stop giving our money away.

[Vacationtime]

Don't pay your property taxes and see who really owns your home. That's why we Vote NO on any measure that raises our property taxes.

[zzyzxy]

Buy a house - you pay sales tax - every year you pay property tax - money you make - pay taxes- groceries you buy - taxes - then you retire - and pay more taxes on the money that was taxed already - forgot about the car - you buy a car sales tax - no problem - but after that every year car tax on how much the car is worth - so how many times you pay car tax on the same
And one more - Trump made middle class pay more taxes every year until 2027 - and there is nothing you can do .
In America you own nothing - it's pure illusion of owning

[aliekatsmom]

A PAID OFF HOME CAN STILL BE TAKEN FROM HOMEOWNERS IF NO TAXS PAID. THAT SHOULD NEVER BE.

[alexsteven.m]

These frequent tax code changes are disrupting my long-term investment strategies. Are there ways to structure my investments to be more resilient to potential tax code modifications?

[nova]

This is a common scam where they take away taxes in one place and transfer it to another. Wealthy landlords will pay less while everyday people will foot the bill by paying more taxes on goods or lose funding for schools, roads, etc.

[kenbecker]

If you have to pay rent on property that you own, you do not truly own the property.This is theft!

[dr.winstonsmith]

There should be zero property tax for individual homeowners. You own your home and shouldn’t have to pay anything extra to keep owning it. Government services should be only what’s absolutely necessary and paid through sales tax. Cut government to the bone.

[davidbuehler]

Ask where your property tax dollars have gone the last 10 years?
It’s more than likely been wasted or ended up in the pockets of politicians.