re: Neil Riser's Bill Eliminates Personal Income Tax in LA

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Would happily double my property tax for no income tax If you dont like your property tax then move to a smaller lot/house All tax is bad but consumption taxes are less bad

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This.

Taxing income (which is productive) is dumb as hell.

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If you dont like your property tax then move to a smaller lot/house

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I have two issues with property taxes.

The first is a philosophical one: I detest the idea of having to pay rent to the government for property you own, and if you don’t pay that rent, the government confiscates your property. That doesn’t sound like ownership.

The second is a practical one: there is zero chance property values will be determined consistently and fairly. We’ve all heard the stories of small houses getting hiked at every sale while mansions stay within families and keep old appraisals at fractions of their real value. That issue balloons as property taxes go up.

If we are going to have taxes, frick income taxes and frick property taxes. Let’s move 100% to sales taxes. And if anyone wants to cry about them being regressive, let’s send everyone a “refund” of a couple thousand dollars to cover a kind of “standard deduction” for “essentials”.

A fair tax system and annual stimulus all rolled into one.