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  • I agree with the sentiment but to put some numbers into perspective we spend about 850 Billion a year on K-12 education. The US military budget is about 850 Billion. Now I would fully support switching about 200 Billion of that and throwing it at the most underfunded schools in the country. Another source would be police budgets. Police are massively overfunded and take most of a local region's money. So we could easily grab some of that funding too.

    Generally wealth transfer taxes should be higher though, so buying houses (especially second and third houses or out of state houses), buying vehicles over the "budget" category (ballpark 35K these days?), any boat that's not a primary residence or a 10 foot fishing boat, etc etc... This idea that anything other than income tax should affect everyone equally is pretty ridiculous, as is the idea that the only way to tax wealth is to tax stocks.

  • They're all state actors these days because all the ones that didn't hook up with a country for protection either got their doors kicked in at 3 in the morning; or they kept to small enough operations to not be a real bother. I guess one of them could have forgotten the 2010's, but I doubt it. They tend to be smarter than other criminals.

  • I'm not going to "finely enumerate and spell out the letter of the law in hundreds of variations" for you.

    Income and wealth taxes also have hundreds of variations and fine tunings. Saying I have to invent a whole new system on my own right here and now or else I'm not serious is not serious.

  • No, that's how American K-12 schools are funded. That and infrastructure. Which is why poor areas have worse schools and roads; and police from outside their tax area. Which is both a great way to punish the poor in the old school protestant fashion and force them out the second the wealthy want their land.

    And you know exactly what I mean by paying in his entire life.

    Finally, paying half your income on property taxes is not financially sustainable. It's ridiculous to me that you would even pretend it is.

  • The fact that schools are funded by the surrounding area is crap and needs to change. He's retired with a social security income. He paid into the system his entire life already. Telling him he must sell and move out because he's not wealthy enough is exactly what we should be working against. It's a system by the wealthy, for the wealthy.

  • It's based on wealth that matters for rich people. For the average person it's extremely regressive. We're telling people that they must sell and move if they aren't rich enough. There are better ways to tax people and assets in the 21st century.

  • Property taxes do hit retired people differently though. Taxing based on what the government says your land is worth instead of your income is absolutely meant to create opportunities for real estate agents and developers at the expense of the people living there.