this post was submitted on 30 Aug 2024
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traingang
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has anyone ever proposed taxing second homes at 10,000%
At least in the US, most of Congress has at least 2 homes so they probably won't agree to it. But now I'm curious how many of them are in on this racket, too, and have 3 or more.
We multiply your property tax by 1.2^n where n is the number of houses you own (including any companies you are on the board of)
Soooo many local politicians are also landlords.
They also often have strong ties to developers who are making a killing from urban sprawl
Because it's good for people to be able to rent a house, and we already subside home ownership enough in the US
Landlords should take a bath with a toaster.
it’d be easier to rent a house if they weren’t all owned by a few rich people, silly
I mean the policy in question was to tax second homes at 10,000%
Presumably that includes houses an organization wants to rent out. It's hard to imagine that this policy wouldnt make it very difficult to rent