Quote:
Originally Posted by LakeDad
Using them doesn’t make them any less immoral of a tax. One should be able to buy a home, pay it off and sit. If tax revenue is absolutely required, gather it at spending points. This prevents the retired (fixed, often low, income) from being disproportionately injured financially year after year.
People who have had a paid off house for 20 years, only to be displaced by unaffordable taxes is ****ing immoral.
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Gathering revenue at spending points is an excellent idea...as long as you don't need roads plowed/repaired, or need to call the police, or the fire department, or believe in public education...
I agree that nobody should be taxed out of their (primary) residence. Many towns have tax relief programs that enable cash-strapped older people to put off paying property taxes until their home is sold. Since everybody's seen huge run ups in real estate value over the 20 years you cite, that should work for all towns