News for hackers. Stuff that matters.

A comment on Where Each U.S. State Gets Its Tax Revenue From. Parent comment

Re:Where Each U.S. State Gets Its Tax Revenue From by logankeenan on Friday November 06, 2026 @02:38PM (#50397289)
If I understand you correctly, you’re saying the distinction on the “wealth” is specific to if the person owns the whole property. If they fully own the property then it could be considered a wealth tax. However, maybe people don’t since they have a mortgage so it’s not taxing them in their net wealth.
[ Parent | on HN ]
Re:Where Each U.S. State Gets Its Tax Revenue From by aidenn0 on Friday November 06, 2026 @03:13PM (#50397774)
Right, that's one major difference.

Another major difference is that houses are both harder to hide and easier to value than many other forms of wealth.

[ Parent | on HN ]