Last Topic: 2:43:54am, 07/12/2023
Last Post: 1:26:38pm, 06/04/2024
Property taxes are a regressive tax that disproportionately affect the less wealthy.
Middle class homeowner have to pay taxes on the unrealized gains from their single largest asset while billionaires are largely untaxed on the majority of their wealth.
Even landlords can deduct property taxes they don't even pay (their tenants pay in most cases) from their income taxes