In New York, we also have ridiculously excessive transfer taxes and even a "mansion tax" for property over $1 million. Funny, because in NYC I don't think you could find a property under a million, so you get to pay a nice little "mansion tax" on your 1 bedroom shoebox in manhattan. Nice.
I feel the same way about property taxes. With a sales or income tax, you don’t pay if you aren’t making money or buying something.
With property taxes, how can you even say that you own something? You are really just renting it from the government.
In New York, we also have ridiculously excessive transfer taxes and even a "mansion tax" for property over $1 million. Funny, because in NYC I don't think you could find a property under a million, so you get to pay a nice little "mansion tax" on your 1 bedroom shoebox in manhattan. Nice.
THIS