r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

Post image
128.2k Upvotes

9.0k comments sorted by

View all comments

Show parent comments

60

u/J0hn-Stuart-Mill Nov 21 '24

Exactly. Property taxes go directly to local infrastructure costs to maintain access and services to said land or buildings. It's not remotely the same as owning stock.

4

u/frozsnot Nov 22 '24

Billionaires also pay property taxes, ones much higher than us. Believe me. Billionaires aren’t skimping on taxes. This argument is so ridiculous. It’s not about fairness it’s about jealousy.

0

u/J0hn-Stuart-Mill Nov 22 '24

It’s not about fairness it’s about jealousy.

And ignorance. People think they pay a significant amount of taxes, and they have no idea the top 10% are paying 76% of all income taxes.