Why grace to send homeowners? Tax those people, nobody needs to own a second house and pay some form of reduced taxes.
Tax it at the same rate money on the bank is taxed (if not already) and if it is rented out, tax that rent income as well.
You’re right. It should be all 2+ homeowners. I gave the concession because my target is the ultra rich and the rich, not just the boomers that bought at the right time and have holiday homes.
In my head I could see if we all pushed for 2+ homes instead of 3+ homes then the result would be only to tax the second home and not the 3rd, 4th, etc.
Although the best result would be to tax the 2+, i need to attack the rich and ultra rich right now. Those fuckers are really ruining it for the rest of us
If you really want to tax the rich you need to fix the loaning system in the US and stop the normalisation of taking loans for everything is part of that.
You need a 30.000$ car if you can only afford it with a lone a 5000$ car will be fine etc
In this fantasy, market rate for comparable houses, so that’s usually based on sqft, rooms and location.
If you’re thinking apartments in a complex I would say each apartment is a unit and taxed fair market value. I wasn’t thinking about taxing spare rooms, just to avoid taxes on middle class. All of my hair brained ideas target the wealthy.
Let’s consider a tax on vacant homes. If landlords got charged market rent for vacancies the house prices would plummet.
Grace to second homeowners or set-length renovations.
Why grace to send homeowners? Tax those people, nobody needs to own a second house and pay some form of reduced taxes. Tax it at the same rate money on the bank is taxed (if not already) and if it is rented out, tax that rent income as well.
You’re right. It should be all 2+ homeowners. I gave the concession because my target is the ultra rich and the rich, not just the boomers that bought at the right time and have holiday homes.
In my head I could see if we all pushed for 2+ homes instead of 3+ homes then the result would be only to tax the second home and not the 3rd, 4th, etc.
Although the best result would be to tax the 2+, i need to attack the rich and ultra rich right now. Those fuckers are really ruining it for the rest of us
If you really want to tax the rich you need to fix the loaning system in the US and stop the normalisation of taking loans for everything is part of that. You need a 30.000$ car if you can only afford it with a lone a 5000$ car will be fine etc
How is taxing 3% of inventory going to make prices “plummet”?
Sorry, I never mentioned USA. https://usafacts.org/articles/how-many-vacant-homes-are-there-in-the-us/ Its about 10%.
would the tax be based on the number of livable units in the home?
In this fantasy, market rate for comparable houses, so that’s usually based on sqft, rooms and location. If you’re thinking apartments in a complex I would say each apartment is a unit and taxed fair market value. I wasn’t thinking about taxing spare rooms, just to avoid taxes on middle class. All of my hair brained ideas target the wealthy.