What has a 30 year old contributed that they claim to make decisions for those who are 70. Five years into employment and they expect to own a home? And want to displace retired seniors on fixed incomes who have worked for decades and paid 30 year mortgages.
The value of the house is not in $ but the number of man hours that go into it. Maybe tax the kids and grandkids who get tax free and tax saving inheritances. Property tax is as valorem. There is no value added to a home until it’s sold at the new higher price.
Property taxes are a way for the government to make sure that you never truly own your home 100%. They are not a means for young professionals to avail free public education for their own kids. It’s double dipping since they already availed free education paid for by the very same seniors who paid by taxes to support public schools and build city infrastructure.
I am sorry to know that those who want their kids to be in nice neighbourhoods cant afford to pay rent or pay for private schools, but that’s no reason to promote elder abuse by way of punitive property tax increases to displace them from their homes to build more.
The value of the house is not in $ but the number of man hours that go into it. Maybe tax the kids and grandkids who get tax free and tax saving inheritances. Property tax is as valorem. There is no value added to a home until it’s sold at the new higher price.
Property taxes are a way for the government to make sure that you never truly own your home 100%. They are not a means for young professionals to avail free public education for their own kids. It’s double dipping since they already availed free education paid for by the very same seniors who paid by taxes to support public schools and build city infrastructure.
I am sorry to know that those who want their kids to be in nice neighbourhoods cant afford to pay rent or pay for private schools, but that’s no reason to promote elder abuse by way of punitive property tax increases to displace them from their homes to build more.