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[-] Leeks@kbin.social 8 points 8 months ago

Many states have tax cuts for living in the property you own. The high tax rate is the state saying “if you make money, we want to make money”.

[-] Novman@feddit.it 8 points 8 months ago

The problems is that if you live in an house you rent, you have to pay indirectly full property tax. Cause you aren't living in a property you own.

[-] psud@lemmy.world 1 points 8 months ago

My city* only levies land taxes on investment properties

If you live in your own home, there is no tax

*Canberra, Australia

this post was submitted on 11 Jan 2024

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