Property tax should be illegal…
And so should politicians wasting tax payers money.
So you are okay with the government going, “oh you haven’t paid your property taxes. To bad, we are going to seize it, sell it for a fraction of what it’s worth, and if you don’t come up with the money a year after the sell its final.”
You do realize, that one of the reasons our US founders fought against the British was to prevent this type of government behavior!
This is key, I can’t get behind this.
When you ask for a mortgage for 30 years, in reality if the property tax is only 1% a year, you will be paying 30% more on top of the price by the end of it. More than a quarter of the price!
Not only that, it will be more, as with the likely yearly value increases, taxes will be increasing too.
And not only that! (Part 2), that home is bought and paid for with money that was taxed already: the company you work for got taxed for the things they bought, services they sold, and all sorts of corporate taxes.
That taxed money that survived is then used (in part, as expenses can give them credit) to pay the workers wages, who pay income tax, pension taxes, etc.
After all that has been taxed to death, with whatever survived, a person can go try to buy something (if they can, inflation is a form of taxation) that will be further taxed by 30% at the end of the 30 years mortgage.
Any surviving penny after all that gets charged with 15% sales taxes (in most places).
Tax on tax on tax on tax on tax does exist.
Booking.com's a subsidiary of a US-based holding company. Only thing they're gatekeeping is a dying business model.
Same for Travago (German company, subsidiary of Expedia, a US-based company).
The EU wouldn't dare neuter Spotify though (definitely a gatekeeper to artist royalties). Or SAP.
It’s extremely selective… but hey, they love it and vote for more of it, so let them have it. Or have the lack of features starting to creep in.
I say open the faucet… the EU wants to force the hand with backdoors, hyper controlled tech environment, access to your iCloud or equivalent encrypted data, open all sorts of security measures to third parties and whatnot? Sure thing, go ahead, please by all means.
Has to be an strictly different hardware where all the shenanigans can’t bleed to the rest of the world though.