hokiewolf said:
No, you're not being taxed on an asset you haven't sold, you're being taxed for services to that property based on a property tax formula. There's no assumption of profit there. There is an assessment of the value of the home. You can't do that with non tangible assets.
You can really imagine what that would do to the real estate market. And working People's wallets and their dream of homeownership.hokiewolf said:
No, you're not being taxed on an asset you haven't sold, you're being taxed for services to that property based on a property tax formula. There's no assumption of profit there. There is an assessment of the value of the home. You can't do that with non tangible assets.
water, sewer, roads, fire protection, police, street lights, schools, etc. all tangible things provided to the property owner in exchange for a property tax.SmaptyWolf said:hokiewolf said:
No, you're not being taxed on an asset you haven't sold, you're being taxed for services to that property based on a property tax formula. There's no assumption of profit there. There is an assessment of the value of the home. You can't do that with non tangible assets.
What "services to the property" are you talking about? They're basically city taxes. The "tax formula" is based on the currently assessed value, not what you paid for it, so whether or not you want to call it a tax on unrealized profit that's exactly what it is.
You're seriously saying there's no way to assess the current value of a stock portfolio? Somehow billionaires take loans out against the value of their portfolios all the time.
BREAKING 🚨
— American AF 🇺🇸 (@iAnonPatriot) August 29, 2024
RFK Jr’s team just released this ad about TDS.
This is hilarious!! pic.twitter.com/HIuEssRc1f
Didn't watch, but how is this going to bring in voters? Not knocking you at all, I really wish they'd go after policy after policy and not the name calling games, ( if this is what the ad is doing ). I really feel like this isn't goin to work, once again, people are over 2016. jmoBas2020 said:BREAKING 🚨
— American AF 🇺🇸 (@iAnonPatriot) August 29, 2024
RFK Jr’s team just released this ad about TDS.
This is hilarious!! pic.twitter.com/HIuEssRc1f
ncsupack1 said:Didn't watch, but how is this going to bring in voters? Not knocking you at all, I really wish they'd go after policy after policy and not the name calling games, ( if this is what the ad is doing ). I really feel like this isn't goin to work, once again, people are over 2016. jmoBas2020 said:BREAKING 🚨
— American AF 🇺🇸 (@iAnonPatriot) August 29, 2024
RFK Jr’s team just released this ad about TDS.
This is hilarious!! pic.twitter.com/HIuEssRc1f
Thanks for sharing.AlleyPack said:ncsupack1 said:Didn't watch, but how is this going to bring in voters? Not knocking you at all, I really wish they'd go after policy after policy and not the name calling games, ( if this is what the ad is doing ). I really feel like this isn't goin to work, once again, people are over 2016. jmoBas2020 said:BREAKING 🚨
— American AF 🇺🇸 (@iAnonPatriot) August 29, 2024
RFK Jr’s team just released this ad about TDS.
This is hilarious!! pic.twitter.com/HIuEssRc1f
It mentions quite a few policies.
hokiewolf said:water, sewer, roads, fire protection, police, street lights, schools, etc. all tangible things provided to the property owner in exchange for a property tax.SmaptyWolf said:hokiewolf said:
No, you're not being taxed on an asset you haven't sold, you're being taxed for services to that property based on a property tax formula. There's no assumption of profit there. There is an assessment of the value of the home. You can't do that with non tangible assets.
What "services to the property" are you talking about? They're basically city taxes. The "tax formula" is based on the currently assessed value, not what you paid for it, so whether or not you want to call it a tax on unrealized profit that's exactly what it is.
You're seriously saying there's no way to assess the current value of a stock portfolio? Somehow billionaires take loans out against the value of their portfolios all the time.
All you want to do with a putative yearly capital gains tax is redistribution of wealth by the power of the federal government. It's not a 1:1 proposition, and again government is inefficient at redistributing money.
hokiewolf said:
YOURE NOT PAYING TAXES ON THE THEORETICAL VALUE OF A HOUSE SALE. It is based on an assessment of the value of the house in the current market. It is a use tax for the property you own within the city or county limits.
And yes, I'm perfectly fine with city and county taxes to a degree if they are not used for stupid *****
I believe the federal government has thoroughly demonstrated their inability to efficiently spend the revenue they collect and continue to overspend. Therefore i prefer that everyone have the opportunity to keep as much of their money as possible.
You are making an obtuse argument.
you shouldn't be paying that much in property taxes. That's what continuous unopposed Democratic Party rule gets you. So yea, in your case it is a tax.SmaptyWolf said:hokiewolf said:
YOURE NOT PAYING TAXES ON THE THEORETICAL VALUE OF A HOUSE SALE. It is based on an assessment of the value of the house in the current market. It is a use tax for the property you own within the city or county limits.
And yes, I'm perfectly fine with city and county taxes to a degree if they are not used for stupid *****
I believe the federal government has thoroughly demonstrated their inability to efficiently spend the revenue they collect and continue to overspend. Therefore i prefer that everyone have the opportunity to keep as much of their money as possible.
You are making an obtuse argument.
What is the difference between the "theoretical value of a house sale" and the "assessed value of the house in the current market"? You don't think that's an obtuse distinction?
Maybe this is a confusing topic for you because NC has an absurdly low property tax rate. But the actual rate is irrelevant to the point... what you pay goes up as your house appreciates. I live in a suburb of NYC where everyone in my neighborhood pays between $2000 and $5000 PER MONTH in property taxes. Trust me, it most definitely feels like a wealth tax around here.
hokiewolf said:you shouldn't be paying that much in property taxes. That's what continuous unopposed Democratic Party rule gets you. So yea, in your case it is a tax.SmaptyWolf said:hokiewolf said:
YOURE NOT PAYING TAXES ON THE THEORETICAL VALUE OF A HOUSE SALE. It is based on an assessment of the value of the house in the current market. It is a use tax for the property you own within the city or county limits.
And yes, I'm perfectly fine with city and county taxes to a degree if they are not used for stupid *****
I believe the federal government has thoroughly demonstrated their inability to efficiently spend the revenue they collect and continue to overspend. Therefore i prefer that everyone have the opportunity to keep as much of their money as possible.
You are making an obtuse argument.
What is the difference between the "theoretical value of a house sale" and the "assessed value of the house in the current market"? You don't think that's an obtuse distinction?
Maybe this is a confusing topic for you because NC has an absurdly low property tax rate. But the actual rate is irrelevant to the point... what you pay goes up as your house appreciates. I live in a suburb of NYC where everyone in my neighborhood pays between $2000 and $5000 PER MONTH in property taxes. Trust me, it most definitely feels like a wealth tax around here.
Lol, everyone around here also has a yacht parked in the Long Island Sound. Is that also what unopposed Democratic Party rule gets you?hokiewolf said:you shouldn't be paying that much in property taxes. That's what continuous unopposed Democratic Party rule gets you. So yea, in your case it is a tax.SmaptyWolf said:hokiewolf said:
YOURE NOT PAYING TAXES ON THE THEORETICAL VALUE OF A HOUSE SALE. It is based on an assessment of the value of the house in the current market. It is a use tax for the property you own within the city or county limits.
And yes, I'm perfectly fine with city and county taxes to a degree if they are not used for stupid *****
I believe the federal government has thoroughly demonstrated their inability to efficiently spend the revenue they collect and continue to overspend. Therefore i prefer that everyone have the opportunity to keep as much of their money as possible.
You are making an obtuse argument.
What is the difference between the "theoretical value of a house sale" and the "assessed value of the house in the current market"? You don't think that's an obtuse distinction?
Maybe this is a confusing topic for you because NC has an absurdly low property tax rate. But the actual rate is irrelevant to the point... what you pay goes up as your house appreciates. I live in a suburb of NYC where everyone in my neighborhood pays between $2000 and $5000 PER MONTH in property taxes. Trust me, it most definitely feels like a wealth tax around here.
Man, you guys are like an endless stream of "truthy" sounding bumper stickers.hokiewolf said:
You're really showing your true colors here. Everyone should be able to make what they can. The government shouldn't decide what is too much money for someone to make. The market should drive that. Every time government picks winners and losers, everyone is a loser, well except if you're connected:
...
I don't doubt it. She never polled higher for approval than even Biden, then for no credible reason, she suddenly climbs from 29% approval to being tied with or even leading Trump.DrummerboyWolf said:
Here is an interview with Rich Baris of Big Data Polls and The People's Pundit on Warroom today. Two videos on this page and he explains how the polls are rigged and their data is not believable.
Baris knows his stuff.
https://warroom.org/media-manipulation-and-polling-distortions-insights-from-richard-barris/
JUST IN: Tim Walz's brother says he is considering joining forces with Trump, says his brother is "not the type of character you want making decisions about your future."
— Collin Rugg (@CollinRugg) August 31, 2024
Jeff Walz's Facebook profile was discovered by @LauraLoomer who found several stunning posts.
"The stories… pic.twitter.com/5mWP242keh
Oldsouljer said:I don't doubt it. She never polled higher for approval than even Biden, then for no credible reason, she suddenly climbs from 29% approval to being tied with or even leading Trump.DrummerboyWolf said:
Here is an interview with Rich Baris of Big Data Polls and The People's Pundit on Warroom today. Two videos on this page and he explains how the polls are rigged and their data is not believable.
Baris knows his stuff.
https://warroom.org/media-manipulation-and-polling-distortions-insights-from-richard-barris/
Excellent find. Media, fact checking sites and polls......all fakes to control a narrative. Some of it is controlled opposition too......it's how we have such a tightly held matrix.DrummerboyWolf said:
Here is an interview with Rich Baris of Big Data Polls and The People's Pundit on Warroom today. Two videos on this page and he explains how the polls are rigged and their data is not believable.
Baris knows his stuff.
https://warroom.org/media-manipulation-and-polling-distortions-insights-from-richard-barris/
Kamala, "the supreme land of our nation". pic.twitter.com/DmlBzkfGVY
— IMBookman (@im_bookman) August 30, 2024
More than 200 Republicans who previously worked for either former President George W. Bush, the late Sen. John McCain, R-Ariz., or Sen. Mitt Romney, R-Utah, endorsed Vice President Kamala Harris for president in an open letter Monday obtained exclusively by USA TODAY.
— Republicans against Trump (@RpsAgainstTrump) August 26, 2024
From the… pic.twitter.com/ut1wGQI8kB
Werewolf said:
RINOs, the controlled opposition, now show their true colors. Just an arm of the Globalist controlled Uniparty.
Werewolf said:
RINOs, the controlled opposition, now show their true colors. Just an arm of the Globalist controlled Uniparty.More than 200 Republicans who previously worked for either former President George W. Bush, the late Sen. John McCain, R-Ariz., or Sen. Mitt Romney, R-Utah, endorsed Vice President Kamala Harris for president in an open letter Monday obtained exclusively by USA TODAY.
— Republicans against Trump (@RpsAgainstTrump) August 26, 2024
From the… pic.twitter.com/ut1wGQI8kB
#Sieve, you're so badly buried in the matrix you haven't a clue. Take this site for example, people have woken up here as evidenced by the #'s and its easy to project from there. #devolution my friend. #EnjoytheShowCivilized said:Werewolf said:
RINOs, the controlled opposition, now show their true colors. Just an arm of the Globalist controlled Uniparty.
I don't know Were.
More likely they're just normal people that know Trump is a complete loser.
"Americans have long assumed that the Constitution could save us; a growing chorus now wonders whether we need to be saved from it," our critic writes. https://t.co/CP5kDX0Pl2
— The New York Times (@nytimes) August 31, 2024
GuerrillaPack said:
Does anyone believe that Kommie-La has actually changed her position and now "will get tough on illegal immigration", now wants to "lower taxes", or "no longer supporters confiscating assault weapons with a mandatory buy back"?
Obviously she has only flip flopped and is now saying those things because she thinks it will help her chances to get elected. But if elected, she would flip flop back to being for open borders, high taxes, and pushing for draconian gun control.
https://instagr.am/p/C_UCf9zOzQD