If they get away with that, they'll be trying to tax the value of senior citizens' HOMES, as if they had just sold them - with the proceeds taxed at the same rate as regular income, so if your house is "worth" $300K you'll owe our Ruling Class around $80,000. Great way to effectively abolish private property, as our globalist rulers are intent on doing. Of course, many Democrat strongholds charge confiscatory property taxes ALREADY, so they're almost there now!
If they get away with that, they'll be trying to tax the value of senior citizens' HOMES, as if they had just sold them - with the proceeds taxed at the same rate as regular income, so if your house is "worth" $300K you'll owe our Ruling Class around $80,000. Great way to effectively abolish private property, as our globalist rulers are intent on doing. Of course, many Democrat strongholds charge confiscatory property taxes ALREADY, so they're almost there now!
Yep that's a good point. They hate private property, and anyone who has it