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/biz/ - Business & Finance

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13308681 No.13308681 [Reply] [Original]

how goes up in value so do taxes right even though you're just sitting on it not selling it.

then any rate at 1% is like repaying for your house in 83 years and that's if you paid for the house out right. If you got a loan then I imagine you're paying your house many times over?

why oh why real estate anons ?

>> No.13308688

>>13308681

>not How goes up
home goes up

>> No.13308969

>>13308681
TAXATION IS THEFT

>> No.13309063

>>13308681
yes, you've figured it out.

Uncle Sam wants his shekels and he wants them every year and every year he needs more and more and it has to come form somewhere. It may be property tax or any other direct or indirect tax, overt or hidden, but he's gonna get his piece one way or another.

>> No.13309353

>unrealised
I suppose, but land is a better asset than cash in the long run. Its not as if property prices are perfectly competitive, if thr government wants to inflate your land price, it can and will.
Land tax is the fairest form of tax, since a great deal of its value is because of the government overlooking it.

>> No.13309483

>>13308969
it takes money to keep a military going so that you don't get owned by whatever other country wants your shit
why is this so fucking complicated

>> No.13309506

>>13308681
The American government is controlled by Communists. Specifically, Jewish Communists. Hope that helps.

>> No.13309543

>>13309483
Dont forget your tribute to Israel needs to be paid on time.

>> No.13310342

>>13308681
because in America, there’s no escape from the tax man.