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A comment on JPMorgan to spend $1B on rental homes in the US to become a megalandlord. Parent comment

Re:JPMorgan to spend $1B on rental homes in the US to become... by iso1631 on Sunday January 01, 2023 @12:59PM (#34208798)
So improvements which shouldn't be taxed are taxed. The land owner of an empty acre pays far less tax than the land owner of an acre with 40 people living there. That's wrong.
[ Parent | on HN ]
Re:JPMorgan to spend $1B on rental homes in the US to become... by sokoloff on Sunday January 01, 2023 @01:14PM (#34208942)
The 40 people living on that acre demand more local government services (schools, libraries, fire/police protection, etc.) which are paid for with property taxes (in general) than the empty acre does.
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Re:JPMorgan to spend $1B on rental homes in the US to become... by iso1631 on Sunday January 01, 2023 @01:26PM (#34209092)
And thus you miss the entire point
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Re:JPMorgan to spend $1B on rental homes in the US to become... by sokoloff on Sunday January 01, 2023 @01:35PM (#34209203)
That the people who use government services should, on average, pay money towards supporting those government services?
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Re:JPMorgan to spend $1B on rental homes in the US to become... by iso1631 on Wednesday January 04, 2023 @05:32PM (#34252871)
That's the principal behind capitalism, not government services.
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