• UnderpantsWeevil@lemmy.world
    link
    fedilink
    arrow-up
    4
    arrow-down
    1
    ·
    edit-2
    5 months ago

    How would people here feel about a tax that increases in rate per-property owned?

    That’s functionally how the homestead exemption works already

    they’re going to be taxed so much it’ll be impossible to profit off of them.

    I would simply start a PAC with all my extra money and bribe/coerce politicians into reducing the tax rates.

    • EatATaco@lemm.ee
      link
      fedilink
      English
      arrow-up
      2
      ·
      5 months ago

      That’s functionally how the homestead exemption works already

      Unless I’m mistaken, that’s just a small tax break you get on the taxes on your primary residence. After that, it makes no difference the number of properties you own, their taxes stay the same.