Elon Musk says he supports ending all Property Taxes in America. Correct me if I'm wrong but, I'm good with this! Obviously, the taxes would come from somewhere else to pay for fire dept, police, schools, etc... But the idea of owning your property for life after paid off. YES! What do you think? - ThreadSky

passthesalty.bsky.social • 10 days ago

Elon Musk says he supports ending all Property Taxes in America.

Correct me if I'm wrong but, I'm good with this!

Obviously, the taxes would come from somewhere else to pay for fire dept, police, schools, etc... But the idea of owning your property for life after paid off. YES!

What do you think?

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Comments

littledaisies.bsky.social•10 days ago

He's an ASS. Don't believe a word of it.

passthesalty.bsky.social•10 days ago

Yeah. Too good to be true.

tinajoann.bsky.social•10 days ago

Ok this is the only good thing I heard. I would just die!!

passthesalty.bsky.social•10 days ago

I'm telling you! This would make me so happy! I hate that Elon is pushing it but still.

tfuzzy.bsky.social•10 days ago

And where would those taxes come from? How would schools be funded? You ok with prices of eggs being $50?

passthesalty.bsky.social•10 days ago

I hear you. European countries do this for land ownership. I like the idea of owning my land for generations. But you're right. The taxes have to come from somewhere.

mxrmax.me•10 days ago

And what’s in it for *him*?

passthesalty.bsky.social•10 days ago

That's the real question!

princesstrundle.bsky.social•10 days ago

Distraction Bomb

passthesalty.bsky.social•10 days ago

Probably!

annotations.bsky.social•10 days ago

So how do states get their money for public schools? And the firefighters and police? That comes out of property taxes!

passthesalty.bsky.social•10 days ago

yeah. It would have to come from somewhere. I just love the idea of owning your property for life after you pay it off.

elleforpeace.bsky.social•9 days ago

It doesn't really do what it seems. Mostly those taxes go to things that improve your property value (or at lesst sustain it). Nor does the idea confer the rights you might think. You're still subject to zoning laws, upkeep laws, highest and best use laws, and eminent domain.

imchuckmiller.bsky.social•10 days ago

What if there were no taxes???? And, food were free?? And roads built themselves…..that would be so cool, dude

swaffy13.bsky.social•10 days ago

Depends on who it is going to fuck over in order to eliminate it. Some things aren’t worth it.

passthesalty.bsky.social•10 days ago

They do this in European countries. We'll see. It's probably BS or a distraction.

pepe-mccormack.bsky.social•10 days ago

Property taxes are state not federal. If you want to become like Mississippi… then it is a good idea.

moodywitch.bsky.social•9 days ago

Yes but who will be allowed to own land? Certainly not women...and probably not POC. Not to mention the number of homes,farms, land that will be lost because of other policies...don't ever get it twisted...nothing he is doing is for our benefit.

themight.bsky.social•10 days ago

Aren't these put in place by the states and municipalities? Why not let one try it out, pay for various local services another way and show us how great it is.

lmc514.bsky.social•10 days ago

Don't believe it. It won't stick. Then you'll owe back taxes. If it sounds too good to be true, it usually is

putoutopasure.bsky.social•10 days ago

No.
If you can not afford to pay for the city/county/state government, you need to be renting with the rest of us squatters who ARE paying those things.

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