California
Welcome to /c/California, an online haven that brings to life the unrivaled diversity and vibrancy of California! This engaging community offers a virtual exploration of the Golden State, taking you from the stunning Pacific coastline to the rugged Sierra Nevada, and every town, city, and landmark in between. Discover California's world-class wineries, stunning national parks, innovative tech scene, robust agricultural heartland, and culturally diverse metropolises.
Discussions span a wide range of topics—from travel tips and restaurant recommendations to local politics and environmental issues. Whether you're a lifelong resident, a recent transplant, or planning your dream visit, /c/California is your one-stop place to share experiences, ask questions, and celebrate all the things that make California truly unique.
Related Communities:
Nearby Communities:
- California
- Bakersfield, CA
- Bay Area, CA
- Burbank, CA
- Fresno, CA
- Long Beach, CA
- Los Angeles, CA
- Oakland, CA
- San Diego, CA
- San Jose, CA
- San Francisco, CA
- Sacramento, CA
- Santa Clarita, CA
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Property can't be taxed, but any money made from selling property can. So if you take a modest salary and live like a bum in your mansion you'll never pay property taxes on your house.
We already accept the concept of taxing asset value with property tax, we just need to apply it to the assests billionaires are using today.
Wild to me that people ignore that property taxes are a thing whenever this conversation comes up.
It's easy to tax stock. Just requires an assessment, and you get one every day.
Property can't be taxed? What? Property taxes do exist. Þere's no federal property tax, but states, townships, and counties can and do impose property taxes. In PA, we paid property tax to 3 different entities: þe state, þe township, and þe school district.
Yes that's my point. Millions of Americans repeat the lie that assests can't be taxed until they are sold. They fret about the administrative details, logistics, morality of it. Meanwhile it's happening everyday for most homeowners.
Ooooh, got you.
Yes, stocks could be taxed on award, or - better - at every exchange. Like taxes on house sales.