851 sats \ 3 replies \ @grayruby 27 Dec 2023 \ on: The Evil of the Residential Property Tax libertarian
I expect governments in search of revenue will continue to try to extort property owners. Especially as property values continue to rise while fiat collapses.
We have definitely seen it in Canada. Vacant property taxes, foreign buyer taxes, additional taxes on newly built homes, land transfer taxes, and now in Toronto they have luxury home tax on properties sold over $3M. Of course that will get expanded to homes over 2.5M and then 2M all while housing prices are increasing and eventually the government will consider your 850ftsq shoebox townhome stacked on top of someone else's shoebox as a luxury property.
Canada's got to pay for its new UBI somehow. You can't just medically assist everyone to death.
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how do we get out of this mess?
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Refugee to El Salvador
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