Hacker News new | ask | show | jobs
by twixfel 394 days ago
There has to be tax. It’s probably better and fairer to tax wealth than to tax income where possible. So yes tax homes more and income less.
1 comments

Renters end up paying the property tax as well. Sure, the landlord handles the money at some point, but there’s a solid argument that the tax is ultimately paid by the user rather than the owner.
That's true of all taxes. It doesn't mean there shouldn't be any taxes. We should also be able to agree that taxing wealth is preferable to taxing income, at least morally, because hard work should pay a little bit more, and simply owning things should pay a little bit less.

I'm simply arguing that work is taxed too much in comparison to wealth. I am not saying taxes should go up even more in general, necessarily.

The point of a progressive home ownership tax is to make it a better deal for more people to own their own homes.