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I would hate the high US property taxes. It’s like you never really own the property if you are being taxed on it continually. It must play havoc with retirement planning?

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In most states, property taxes are what pays for schools, roads, libraries and things like that. When I was modernizing our state's motor vehicle registration system, I had to account for those fees in every vehicle (cars, boats, mobile homes, etc) registration cost. The state constitution states that things can only taxed based on value.

Taxed based on value: https://apps.legislature.ky.gov/Law/Constitution/Constitutio...

Value based on fair market value: https://apps.legislature.ky.gov/Law/Constitution/Constitutio...

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