The Babe Theory Of Political Movements.
Mar. 21, 2005 11:50 AM
Iran's Sham Election In Houston.
June 20, 2005 5:36 AM
Yes, Kanye, Bush Does Care.
Oct. 31, 2005 12:41 AM
Health Care vs. Wealth Care.
Nov. 23, 2005 3:28 PM
Americans Voting With Their Feet.
Nov. 30, 2005 1:33 PM
Idea Majorities Matter.
May 12, 2006 6:15 PM
Twilight Zone Economics.
Oct. 17, 2006 12:30 AM
The "Shrinking" Middle Class.
Dec. 13, 2006 1:01 PM
From Ashes, GOP Opportunities.
Dec. 18, 2006 6:37 PM
Battle Between Entitlements & Pork.
Dec. 21, 2006 12:31 PM
Let Economic Freedom Reign.
Dec. 22, 2006 10:22 PM
Biggest Health Care Moment In Decades.
July 25, 2007 4:32 PM
Unions Antithetical to Liberty.
May 28, 2008 11:12 PM
Right To Work States Rock.
June 9, 2008 12:25 PM
Social Security Reform Thursday.
March 13, 2008
Caption Contest: Enter Today!
Due: July 29, 2008
The Carnival Of Classiness.
Mar. 14, 2006
Quotational Therapy: Obama.
Apr. 4, 2008
Mainstream Melee: Wolfowitz.
May 19, 2007
Pundit Roundtable: Leaks.
July 9, 2006
A WILLisms.com(ic), by Ken McCracken
July 14, 2006
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Quotational Therapy: Part 93 -- Marx's First Commandment.
Communist Property Taxes
You may be familiar with the Communist Manifesto already, but here is a refresher on the ten things Marx believed would be generally applicable in any advanced country adopting socialism:
1. Abolition of property in land and application of all rents of land to public purposes.
Let's focus on that first one. Abolition of property in land and application of all rents of land to public purposes.
Private property. It's under attack in this country. There's the Kelo angle, for one. Then there's the matter of exorbitant property taxes in many states and locales.
Let's think about those for a second. Property taxes above a certain reasonable threshold, in my estimation, amount to a sort of soft feudalism, a system under which you can never truly own property at all.
Let's say you own a 100,000 dollar home, mortgage paid in full. You are retired. You have no serious income. You owe the government, each and every year, a few thousand dollars.
Now, let's say that, many years after you retire, your 100,000 dollar home becomes a 500,000 dollar home, due to a booming housing market in your region. Wham, though you're not suddenly rich, you are suddenly paying the property taxes of a wealthy individual. Tens of thousands of dollars worth. Over the course of a decade, one may end up paying nearly half (or more) of the home's value (at the time of purchase) in property taxes.
It's insane. When property taxes are high, you cannot truly own property. It's just that simple.
Paying for the right to keep something you already own. What 'e' word does that sound like?
Unfortunately, I searched high and low for a quotation or aphorism or speech on the subject, but there's very little on property taxes.
I am guessing the lack of great quotes about property taxes has to do with who traditionally paid property taxes.
But today, as record numbers of Americans own their own homes, property taxes are not just a rich people thing. When property taxes are high, you are really just renting your home from the government. That rent is going toward public purposes.
Now, a good chunk of property taxes wherever you go, around the country, goes toward funding public schools. Many people really like public schools. They are gladly willing to pay thousands (or tens of thousands) of dollars in property taxes for those public schools.
Then there's all the folks with no kids in public schools, still paying the thousands of dollars into the system.
Think about how scandalous that ought to be. So very much property tax (rent) money, pumped into public school systems around the country, with such patchy (and often sub-par) results.
Why not cut out the middle man?
Why not allow all of those millions of individuals to choose where their education dollars go, in a competitive market for education? Why are so many people willing to put up with Marxist feudalism (high property taxes) and uncompetitive, unionized, dysfunctional schools (see Marx's 10th Commandment), simultaneously?
Property owners and people with children in public schools (a lot of overlap, there) all deserve better.
Anyway. Wisdom teeth out today. Fun times. Rant over.
The right quote can be therapeutic, so tune in to WILLisms.com for quotational therapy on Monday and Friday.
Posted by Will Franklin · 24 April 2006 05:12 PM
Will,... I hope you don't get dry sockets!
Posted by: Zsa Zsa at April 24, 2006 07:18 PM
You are correct, even if you "own" your house, you still must pay "rent" to the government.
Posted by: Eneils Bailey at April 25, 2006 06:08 AM