this post was submitted on 15 May 2025
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A Boring Dystopia
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Yearly property taxes never made sense to me. So you supposedly bought and own something, except if you don't pay the government then they can just take it away.
Taxes are the price of civilization. You pay taxes on your land, because if you don't, a gang of armed thugs will come and steal it from you and bury you under it.
In China 70% of the population pays no income tax, a very small sales tax, and there’s no property taxes at all. Who you tax is just as important as how much you tax. It is not necessary to tax everyone in a society to maintain a modern civilization.
Your leaving out a critical piece of information...
That you can own the building, but the property is on a 75 year lease that can be extended two times for under a hundred dollars for a total of 225 years of that home being in your family for less than the cost of a single years property tax anywhere in the US?
Uh, yeah, that was on the tip of my tongue. That's exactly it.