this post was submitted on 15 May 2025
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A Boring Dystopia
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I still think citizens should pay the bill for their services, but tax should be on the basis of income, and wealthier people should pay more to cover for those who can't. And why not income, the money you actually bring in, and not a portion the money your home would theoretically sell for if you sold it? The point at which to take tax is the point of transfer, whether it's labor for a wage or a change of ownership (sales and inheritance).
I absolutely don't believe that people would be less likely to sell their property because they might have to pay a percentage of the profits from the sale. And if they were less likely to sell it, who cares? Take the money from the excess houses when they die. I think I also mentioned that I'm not principally against taxes on non-resident property (which is essentially abandoned or a business asset if not owner occupied). I'm also not against rent controls.
Like God forbid one recognize that certain approaches to taxation are problematic, it must mean you're a conservative who's against government services.