Hacker News Reader

It's capital gains tax free, but it's far from tax-free. Myself, I pay about $7000 a year in property taxes on mine.

Eliminating those and increasing corporate/second property taxes instead would be insane. That means that renters would be responsible for most of the taxes required to maintain the streets in front of my house.

View on HN

What you seem to not understand is that the government has enough money to maintain the roads with out property tax entirely. It would force the government to be more efficient with their money and shrink the governement to just the essentials.

You think any for of US government operates on a shoestring budget? They are the most bloated entities on the earth. And its based off the backs of the poor and middle class.

City governments certainly do not have enough money.

They absolutely do, but they spend it on other things.

Like what? The majority of the budget is roads, water & police.

10, 000, 000 bucks to homeless pet needs?

This would be great but try and find out where a homeless person can go and get help for their pet...thats no where to be found. The money just went ...somewhere.

Government's have a way of disappearing money.

https://www.grants.ca.gov/grants/pet-assistance-and-support-....

That's a state program

Oh so local governments arent full of waste and corruption also.

Good to know.

Reply on news.ycombinator.com