Ron DeSantis Wants to End Rent-Paying by Homeowners, by Eric Peters

As long as the government can take “your” property for nonpayment of property taxes, it’s not really your property. From Eric Peters at ericpetersautos.com:

The governor of Florida – Ron DeSantis – says he wants to end the most odious of all taxes, that applied as rent which a “homeowner” must pay in order to avoid being evicted from what isn’t his home – even if he paid off the mortgage – by dint of that fact.

The tax is odious for that reason alone – in that it means a person will never own their home, no matter how many decades they pay rent and no matter how much they have had to pay over those decades. The sum can easily run to what amounts to 50 percent or even more of the original purchase price of the home, which is confiscatory taxation.

The argument in defense of this is that the tax is based not upon the purchase price but rather upon the “assessed value” of the home at some point after the purchase. The “assessment” being performed by agents of the same government that will evict you from what isn’t your home if you do not pay the rent styled “property taxes” based on the “assessment.” The claim is that the value of the house has increased – but the fact is this is a hypothetical unless the house is sold. So what it amounts to is an unrealized capital gains tax, something almost as effronterous as applying income tax to income not earned. It is more effronterous than that because we are talking about people’s homes – the place where they live. The homes they bought based on what they could afford. The rent styled “property tax” makes the home unaffordable at some point, forcing the renters to sell and move – a form of expropriation.

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One response to “Ron DeSantis Wants to End Rent-Paying by Homeowners, by Eric Peters

  1. He is a wannabe libertarian. More like a conservative republican. Nothing wrong with that, just don’t mis-label yourself.

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