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Henry TheGreatAmerican
Michael Bordenaro
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Comments by "Henry TheGreatAmerican" (@henrythegreatamerican8136) on "Vacant Home and Rental Tax COMING FOR ALL HOMEOWNERS!" video.
@yosefmacgruber1920 List all those wonderful low tax countries and why haven't you moved to them yet?
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Youtube removed my more emotional response. So here comes the watered down one: The purpose of taxes on unoccupied properties isn't to discourage success. Rather, it's intended to encourage more efficient use of housing resources. The goal is to increase available housing stock, which could potentially improve affordability. It's one approach to addressing housing scarcity and investment practices in real estate.
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The day that happens is the day you will start paying taxes on the amount of oxygen you breathe. Seriously, states would not be able to do anything without taxing homes. The money would have to come from somewhere, and no.... simply cutting expenses would not make up for it.
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