this post was submitted on 06 Mar 2025
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[–] chiliedogg@lemmy.world 7 points 1 week ago (9 children)

That's the thing about increasing home prices nobody talks about. It increases the "value" of your home, so you're taked more.

When my parents retired, they didn't move out to the country to get away from the city life. They did it because it saved them 40 grand a year in property taxes.

[–] sfu@lemm.ee 5 points 1 week ago

That's the part that upsets me the most. If you save up the money to fix up your house, the gov charges you more for it. How aggregating. Makes me not want to "own" property.

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[–] Blackmist@feddit.uk 6 points 1 week ago (3 children)

How big is his house? How much is it worth now?

How much did he pay for the land it sits on? Or did he inherit that?

Who does he think maintains road networks and all the other infrastructure he relies on?

[–] rumba@lemmy.zip 5 points 1 week ago

allowed to take surplus tax,

He's likely towing the Libertarian party line. We'd be fine without these taxes and all that government waste.

When you start asking about public services, they start, slowly, carefully re-inventing taxes while downplaying corporate greed while putting themselves in a decision-making role where they get to decide what is right for everyone else.

I'm sure he can hardly afford to live in his ancestral home. That SS he paid into all those years doesn't hit the same as a paycheck and might stop altogether soon. If you don't squirrel away your own retirement, you have to make concessions.

[–] AHemlocksLie@lemmy.zip 4 points 1 week ago (17 children)

While these are fair questions, I think it's a reasonable stance to take that you shouldn't literally get taxed out of your home if you come into poverty, which unfortunately can include Social Security recipients. I know we all need to pay taxes and contribute to society to the extent that we're reasonably able to, but I'm not so sure this is the best way to make it happen. For property beyond your primary residence, sure, but for your only home, I don't super like it.

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[–] MordercaSkurwysyn@lemm.ee 6 points 1 week ago* (last edited 1 week ago) (3 children)

I don't know his situation but I think primary residence up to certain value shouldn't be taxed at all. There's a huge difference between an old man living alone in a house he had built for his family 60 years ago and an "investor" who owns entire neighbourhoods. Unfortunately, where I live a property tax on as far as I remember 4th and all above residential properties has been proposed and people who oppose it the most are pensioners who live in the only property they own. Right wing media can just outright lie to people telling them the tax is going to be on every property and people go on vote against their own interests.

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[–] Nomecks@lemmy.ca 5 points 1 week ago (3 children)

Property tax rates are based on how much your city/county needs to operate. Property values change, but so do mill rates. Most cities aren't allowed to take surplus tax, so they tweak the mill rate when property values fluctuate.

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