7.2 million homes are empty because of taxes
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Date: May 12th, 2026 4:37 PM Author: POPE LEO IS WEAK ON CRIME
Property tax increases are capped, whereas income taxes would be more than it costs to pay low property taxes.
This country is retarded.
(http://www.autoadmit.com/thread.php?thread_id=5866184&forum_id=2\u0026show=my",#49882428) |
Date: May 12th, 2026 4:57 PM Author: Darnell
not sure what you're saying. but encouraging old people to sell their homes is a good thing.
california should institute exponential property tax multipliers for people over 65 on their properties worth more than 3x the median county price
example: you're a 65 year old azn couple living in orange county. you own a home that you purchased in 2000 for 1.2M. that home is now worth 4M. (median orange county home is 1.2M in 2026) your taxes are a measly 15,000 a year. your taxes should double each year as follows
2026: 15k
2027: 30k
2028: 60k
2029: 120k
2030: you sell the home because there's no way you're spending 20k a month on taxes.
now you're 70 and move into a smaller 2M home/condo
(http://www.autoadmit.com/thread.php?thread_id=5866184&forum_id=2\u0026show=my",#49882484) |
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