Michigan

marble falls

(66,099 posts)

10. The get operating funds and wages out of sales taxes, they build and maintain out of bonds, a large chunk ...

Sat Apr 13, 2024, 08:38 AM

Apr 2024

... of which comes from property taxes in MOST states. If a middleclass gets free from property taxes, so do do the wealthy, real estate trusts (the guys who raises rents) and businesses - who pay more property taxes than we little guys. When there's a short fall, who do you think gets to cover the short fall and loss of services, bub? YOU. You'll be raising your taxes by eliminating the property taxes paid by the wealthier.

Why are we carrying water for the wealthy to get them more tax cuts?

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This AX MI TAX thing sounds like a really bad idea but I can see it passing if it gets on the ballot. [View all] catbyte Apr 2024 OP

No schools. marble falls Apr 2024 #1

They'd have to replace property taxes with something else. jimfields33 Apr 2024 #2

Oh, dear lord. PoindexterOglethorpe Apr 2024 #3

It's commercial property owners who stand to benefit the most. Fiendish Thingy Apr 2024 #8

No shit. Property taxes work just fine, don't even start up with that I already educated my children BS ... marble falls Apr 2024 #4

You do know that Michigan schools are primarily funded by sales taxes, right? MichMan Apr 2024 #5

Nope. Clearly none of us did. jimfields33 Apr 2024 #6

But libraries and community colleges would suffer greatly, some closing and forget about catbyte Apr 2024 #7

The get operating funds and wages out of sales taxes, they build and maintain out of bonds, a large chunk ... marble falls Apr 2024 #10

MN. property taxes are a lot higher PlutosHeart Apr 2024 #9