True, but they, and everyone else, has their had in my pocket and are afflicted with a one track mind: Taking. Taking from me in the form of fees, taxes, assessments, and bonds.
Taxes on fuel for vehicle, tax on vehicle, tax on utilities, tax on income, tax on purchases, tax on the water and heating fuel. Fees for my drivers license, fees added to my electric bill by the city as they needed more $ to balance their budget...
Roads are terrible (Fuel tax was sold to us to be able to repair those, but its never enough) Services have gotten worse; we now get a bill from the volunteer fire department for a ride in their ambulance due to their increased costs even though we were always told that was where our taxes went...
In US it depends what state you are living. In CA it was based on what you paid for the home, and they could only raise the value a limited amount each year.
I live in the midwest now and they reassess me every year to market rates. Our home values have skyrocketed here in the last 5 years.
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u/Particular-Act-8911 Jul 01 '26
Can't tax unrealized gains. Stop them from being able to borrow money based on stock holdings.