Sunday, October 27, 2024

mr peters tells you why some taxes are worse than other taxes;


There is good news, here and there. In North Dakota, there is a ballot initiative that will be voted up or down in about a week from now that would eliminate property taxes in that state. Put another way, it would make home ownership real in that state.

It isn’t – as of yet – in any state.

Because – as of now – in every state – the state owns your house (and land). That is to say, the greedy hands who control the government of your city or county; the ones who send you what is styled an “assessment” of what they consider to be the value of what you like to think of as your home. Which it obviously isn’t, given that you are forced to pay money every year, to these greedy hands, based on the assessment.

If that is not rent then what is? Other than the semantics?..........more.......

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