Some states look to eliminate property taxes

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Published 2024-06-16
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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All Comments (21)
  • This should only happen for actual homeowners not corporations who buy houses
  • @hhc1948
    Paying thousands in property taxes yet kids have crappy schools
  • Now that corporations own all the homes, now they want to remove this tax? How transparent does greed get?
  • @Rick_Steel
    Property tax is just a gentle reminder from the government that you don't actually own your land. 😠
  • @domenictv2880
    You want to stop taxes now that corporations own a large number of houses 🤔
  • @chriss6356
    Property Tax: Money that must be paid, otherwise you will be evicted. We call that rent where I come from.
  • @Vacationtime247
    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.
  • 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.
  • @zzyzxy1
    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 car????? 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
  • @pikapool0
    there's something off about property tax altogether. something about it, being that even if you've fully paid off the house and retired, your home will never technically be yours. i hear a lot of stories about homes being seized when owners couldn't keep up with the property taxes.
  • Without a doubt, this year will be worse than the last. I lost a lot of money last year as a result of bad investment choices that I would not have made if I hadn't been so worried about my portfolio. I kept investing, but I couldn't determine whether to start paying for a house. In the end, I sold my positions, and the house needed more work than I had planned. I'm not sure how long I can keep going like this
  • 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.
  • @JS-zb1vv
    Most places haven’t actually raised taxes . They have just reassessed your property value with the high inflation. But you can bet when the price goes down they won’t reassess again for years.
  • @nova8585
    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.
  • Will this have a positive effect on the housing market? If you were to put your money in either housing or stocks atm, which one promises more short term?
  • @liberty-matrix
    They want to eliminate property taxes, now that Blackrock, Vanguard are dominating the housing market. So of course, the law would will only apply to certain 'types' of properties.