Property Taxes Are Theft, by Jeffrey Tucker

SLL will never mourn the end of a tax. From Jeffrey Tucker at The Epoch Times via zerohedge.com:

Governor Ron DeSantis of Florida has an absolutely thrilling idea, one I never imagined I would see unfold in my lifetime. He is putting on the ballot next year a referendum that would abolish or restrict local governments from taxing owner-occupied homes.

That’s right, he wants to get rid of the property tax, saving residents some $3,400 a year and fundamentally disrupting the way schools and local governments are financed.

Texas is considering the same path.

If this really happens, I can easily predict more of a demographic shift out of the Northeast and Northwest to the South and Texas. If this spreads to more states, it would amount to a revolution in public finance.

It’s long overdue. These tax schemes are brutal on home ownership. Indeed, it’s hard to say that you are ever really the owner of your home if you are having to pay rent to the government every year.

It’s especially a problem in an environment when the home valuation goes up every year and so does the tax you owe on the place. You have done nothing but lived there and enjoyed life. It is entirely paid off. Meanwhile, the government keeps coming after you with ever more pressing demands for money.

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One response to “Property Taxes Are Theft, by Jeffrey Tucker”

  1. Penalized for making it has never made any sense.

    Pappy always said don’t pay your taxes to find out how free you are after IRS audit over joint filing in the 1980s.

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