News for hackers. Stuff that matters.
Re:Coinbase lays off around 1,100 employees by TheCoelacanth on Wednesday June 15, 2022 @11:20AM (#31754295)
Property taxes are even more onerous than a wealth tax.

If you own a $1 million house with an $800k mortgage, you pay tax on $1 million of property, but you only have $200k of wealth.

Billionaires are the world's biggest whiners. Even a tax burden that's proportional to what normal middle-class people pay is the end of the world.

There are no comments on this comment yet.