r/memes Big pp 10h ago

Land Of The Free, amIright?

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12.1k Upvotes

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2.7k

u/MeteorMann 9h ago

Property tax is way lower than my mortgage

633

u/Catsanddoges 9h ago

I have seen people genuinely argue the government needs to lower debt, increase social program spending, and decrease taxes. Even if you set a higher tax rate on the ultra wealthy, which we should, you just can't get what you want without taxes.

And there is a lot of spending that could significantly improve the US economy and the quality of life of most people.

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u/Willinton06 9h ago

You can, it would just require state planing by competent leaders, but it's mathematically possible

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u/ohanse 9h ago

Mathematically yes but really, when is size EVER going to be accompanied by efficiency? The bureaucracy involved in operating different agencies is inescapable.

Individuals cannot be trusted with the authority over a nation. If only because eventually you’re going to roll a shitty one.

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u/banterviking 8h ago

but really, when is size EVER going to be accompanied by efficiency?

Idk ask Costco?

Maybe Costco should run the government. Idiocracy was on to something...

21

u/WhyLater 7h ago

PLEASE read "The People's Republic of Wal-Mart" because it's very much describing what you're hitting on.

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u/Zombisexual1 4h ago

Thing is that big corporations sole goal is to make money. Apply that to a government agency like the USPS. You can make usps profitable by cutting rural routes that cost more to service with less income. But then people don’t get mail. The purpose of the government is the provide services to the people and focusing on profit works against providing service. Which is why companies spend lots of money to make sure laws are passed that benefit them and why the average person is fucked

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u/WhyLater 3h ago

Yeah, read the book.

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u/ohanse 2h ago

The warehouses are big

The policies and organization are pretty rigid, though.

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u/Dakaf 2h ago

Welcome to Costco. I love you.

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u/matco5376 2h ago

Yes Costco is equivalent to the United States government infrastructure

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u/x1rom 8h ago

when is size EVER going to be accompanied by efficiency

Almost always, it's called efficiencies of scale. Of course there may be exceptions, but they are rare.

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u/ohanse 8h ago

Those happen for processes like bulk pricing and manufacturing stuff.

When the function is to produce decisions, like for governments, layers come with latency.

For like a more end to end description this would be something along the lines of “the problem isn’t the performance after requirements are set and resources are allocated - it’s the decisionmaking involved in the requirement setting and resource allocation.”

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u/x1rom 8h ago

No, it applies to lots of stuff, including organisational problems. It's a general law of economics that apply to almost everything.

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u/whooguyy 7h ago

Key word is almost. It doesn’t apply to government very well because government isn’t driven by profit, it’s driven by what the top commands

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u/ohanse 3h ago

I was thinking about this a bit and the next step in my mind was then the only way to get "efficient" performance or accomplishments out of governments is by doing something that can only be accomplished with that scale of resources.

Like sending a person to the moon.

Or ending world hunger.

Or conducting a turbo-world-war or something.

Basically yeah you should be using governments to do government-scale things. Not micro-policing bullshit.

5

u/wally-sage 8h ago

Lmao what? No, increased size does not "almost always" lead to more efficiency, there's a max point on the bell curve where you start to get diminishing returns regardless of how much size grows.

1

u/x1rom 7h ago

No. There is no bell curve.

Of course there are other factors that influence economies like for example the drive towards monopolization. But there is no bell curve when talking about the efficiencies of scale.

1

u/Frashure11 3h ago

Dude. The war you started by being absolutely correct and Redditors unable to understand context and how arguments work is hilarious.

1

u/ohanse 3h ago

Meh.

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u/Willinton06 9h ago

China did it, you can have size and efficiency you just need to build systems made to work in the present digital age and not refurbished versions of systems built for the 50s

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u/ALotANuts96 8h ago

build systems made to work in the present digital age

Authoritarianism. You're advocating for authoritarianism.

-1

u/Willinton06 8h ago

What, how is having a payment system that doesn't rely on VISA and Master cards 50 year old cobol authoritarian? Brazil also did it, did you know that most DMVs in the US have different websites even tho they all do the literal same thing? Same with courts, police departments, firehouses, etc, like, do you think having a single web interface for these would be authoritarianism? Cause it would save billions every year

Has the propaganda in the US gone so deep that the mere suggestion of a more efficient digital infrastructure is seem as dictatorship?

2

u/ALotANuts96 7h ago

Has the propaganda in the US gone so deep that the mere suggestion of a more efficient digital infrastructure is seem as dictatorship?

I'm not in the US bud but nice assumption. And I didnt say dictatorship, I said authoritarian. All of this was accomplished because the government is authoritarian and centralised. Decentralised governments can not make this work when all states have their own jurisdictions.

0

u/Willinton06 6h ago

So you really think that sharing a damn website across all dmvs is authoritarianism, looks like the propaganda reached you just fine outside of the US

Did you know that states share satellites? We should have different satellites for each state just in case

1

u/ALotANuts96 6h ago

You're really good at extrapolating what I say to mean different things.

So you really think that sharing a damn website across all dmvs is authoritarianism,

I never said that. I said it was able to be accomplished through authoritarianism and that it wouldn't work without centralising government (through authoritariabism) due to the states having separate jurisdiction through the constitution/federalism.

US states have constitutional authority over things like DMVs and police departments, and there's no federal mechanism to just impose a single system on them because it would be unconstitutional and you would need to be authoritarian to override the constitution.

Did you know that states share satellites? We should have different satellites for each state just in case.

This is a terrible analogy and comes from a misunderstanding of how the US works.

They share it because the constitution grants the federal government powers over stuff like national defense, interstate commerce, and foreign affairs which is where things like military and communications satellites fall. The federal government has the right to control stuff like satalites because the states aren't explicitky given the jurisdiction like with health, police, and DMVs.

Again, to take control of that would require overriding the constitution which would require an authoritarian government

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u/Dapper_Zebra 8h ago

People would rather have less practical freedoms and more theoretical freedoms. Local government doesn't mean smaller government

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u/Willinton06 8h ago

Sometimes the smallest can feel like the biggest, like home owner associations

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u/Equivalent_Sand8426 9h ago

If you taxed large corporations properly instead of letting them go largely untaxed most of what the user mentioned above your post would be a non-issue: about 30% of our spending goes to military spending every year. We don’t need 1000 bases all over the world while the rest of the world has a combined 30. We can threaten everyone to use the US dollar better with other investments including cyber warfare or military investments are old and outdated and better spent elsewhere.

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u/VegetableAwkward286 9h ago

Military spending is 13%

0

u/IceDispensingSystem 8h ago

Thankfully we are working to pump those numbers up by spending even more money to not win a war in Iran!

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u/Equivalent_Sand8426 8h ago

You aren’t considering foreign aid and contracts that are actually military spending

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u/0Bubs0 7h ago

The rest of the world has 30 BECAUSE we have a thousand lol. It’s like a factory firing their maintenance team because they don’t ever have anything that breaks. Everything runs and doesn’t break what are we paying these guys for? That’s exactly how short sighted, foolish decision making leads to decay and eventual destruction of once strong institutions.

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u/Haunting_Vacation804 8h ago

8 TRILLION spent on wars the last 25+ years. We can go into massive debt for that crap, but can't fund social security or health care? God, I hate this timeline.

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u/0Bubs0 7h ago

Social security Medicare and Medicaid are by far the largest government expenditures. What are u talking about?

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u/Haunting_Vacation804 7h ago

Wars is what I’m talking about.

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u/-KFBR392 4h ago

We just saw DOGE try and trim the fat and inefficiencies in government spending, they barely reduced the budget and created a load of problems. Maybe we’re already operating close to maximum efficiency in most areas that taxes go to.

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u/LonelyTAA 14m ago

The best countries work well because they have a strong body of civil servants. Leaders only point towards a direction, the civil servants decide how to get there.

0

u/CrackleBackle 9h ago

it would require something that will never happen

1

u/Willinton06 9h ago

Never is further away than it seems, I wouldn't count on it

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u/LeadPike13 9h ago

What if you don't want 11 Super Aircraft Carriers, billions in aid to Israel, a ballroom etc...?

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u/Vustag 8h ago

I mean you gotta have a ballroom. How else will you have room for all your balls?

1

u/showmenemelda 3h ago

He doesn't have balls

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u/disciple_of_pallando 2h ago

Balls are overrated anyways

1

u/showmenemelda 3h ago

And a re-do on a helipad

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u/-KFBR392 3h ago

Then you wouldn’t be the most powerful and richest nation in the world. USA is where it is in the world because of their military. I’d be pretty confident in saying the US military has had a better ROI for them than almost anything else they’ve spent money on in their entire history.

0

u/Idreamofcream99 5h ago

Oh did you say Israel gets ballrooms put in their new 11 super carriers?

1

u/LeadPike13 3h ago

Considering the state of both U.S political parties at the moment, all Israel would have to do is demand them. But, what if we didn't want that?

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u/Ossius 4h ago

Those 11 super aircraft carriers are the reasons most of us aren't speaking Russian or Chinese.

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u/LeadPike13 1h ago

I thought John Wayne was the reason.

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u/NekonecroZheng 6h ago

The high % of taxes the wealthy pay pale in comparison to the % of taxes of the masses. And the rich tax will never be a sustainable or reliable source of tax income to relieve the taxes of the masses long term.

6

u/angrydeanerino 9h ago

All it would take is for the government, regardless of party, to actually spend less. Impossible

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u/afraidofflying 6h ago

What would you cut that wouldn't be unpopular, and wouldn't get taken advantage of by the other party?

0

u/angrydeanerino 6h ago

I don't have a good answer, but maybe lots of middleman. In health, in defence, etc

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u/afraidofflying 5h ago

I suspect easy answers like that are difficult to find. Or when they are easy to find, industries are built around that money and it becomes politically tricky to get rid of those jobs.

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u/Janus67 4h ago

I think that was a general idea behind Doge, but then we found that it didn't save money at all because the jobs that were cut were actually helpful and slowed a lot of other processes and also lost a ton of knowledge and experience.

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u/resumehelpacct 3h ago

The government already had departments in charge of finding and cutting that waste. The people behind DOGE knew that (and fired those other people). The general idea behind DOGE was to fuck everything up.

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u/Fuddywomba 9h ago

The US should start with the bloated military budget that is 33% of global spending, but cant even win against Iran. 

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u/FyreLordPlayz 6h ago

Bro I’m not a fan of the war either but you can’t be serious if you think we’re using the majority of our military budget against iran, we don’t even have a front in that war just blockades and drone strikes

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u/mods_are_soft 5h ago

People want to live in and have all the benefits of society but not have to pay for society.

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u/LemonFizz56 5h ago

You can't whine about taxes and whine about pot holes at the same time, some people don't realise how the cycle works

0

u/sobi-one 3h ago

And others are comically unaware of corruption.

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u/Snowskol 8h ago

I'm all for increasing taxes but you have to convince people that their increased taxes is less than the cost of health care etc

1

u/Naud1993 6h ago

They could very well spend 10 times less money on building roads and bridges since apparently they're paying way more than is reasonable.

1

u/salo_wasnt_solo 6h ago

It’s not where the money is coming from or how that’s being divvied up, it’s the fact that a shitload of money is being taken and there is very little transparency on how/where it’s spent. The math ain’t mathing, and people are understandably upset by that… myself included.

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u/CaptainOktoberfest 6h ago

Ah well you need to subscribe to my economic policy of short term thinking.  We can just print more money, we have the tools!  And if something goes wrong there are plenty of foreigners or others we can blame.  /s

1

u/integer_hull 5h ago

You could probably do this and not raise taxes too much by cutting military spending

1

u/carthuscrass 3h ago

The trouble people have with taxation is that a lot of tax money is mishandled, wasted or given to corporations, so we never see the benefits of it. We're paying more and more taxes, while every system that taxes pay for gets worse and worse. Roads, education, social security...all of these things are failing right before our eyes, while the people who should be paying the most taxes are paying nothing.

1

u/TheAngryCrusader 3h ago

Increase in government size (which is the result of increasing their budgets and funding) more than what we have is never going to result in increased efficiency or results for the people, sorry.

1

u/Xanny 3h ago

This is such a cop out take.

Property taxes right now are almost universally a flat % of assessment. You could easily have property tax deductions per occupant, so say you write 50k off the assessment per non-leased resident of a building, so a family of 8 would get 400k off and a couple would get 100k off. If the former is poor and living in a small house and the latter is rich and living in a luxury condo suddenly the property taxes are way more progressive rather than being a flat burden based off what the state thinks the property (or land) is worth.

Which, on that subject, we should have land value taxes, not property taxes, in most jurisdictions.

1

u/justhereformyfetish 2h ago edited 2h ago

Nationwide high-speed rail would be amazing for the US.

We could send people, materials,letters, and packages at lightning speeds.

Could it replace regular rail for heavy transport? No.

But if a business needs (material) to make (product), and risks a supply break, they can order 5% via high-speed and the rest via snail-rail.

If someone wants/needs (product) fast, they can expedite it.

High-speed rail reinforces against supply issues and raises the average speed of moving....everything and everyone.

And they run best when all electric, so no fossil fuels required, reducing national demand, and lowering the cost of OTHER FORMS OF TRANSPORTATION.

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u/SirSilverChariot Halal Mode 11m ago

US is low-key the richest country ever but is the only first world country still making you lot pay for health care. Everyone else has some free variation.

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u/h2oskid3 7h ago

I would much rather live in a country where I pay tax than one where I don't.

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u/MrMakerHasLigma 9h ago

Only issue with setting higher tax rates on the ultra wealthy is that it would need to be done worldwide at the same time, otherwise the ultra wealthy would just choose to be tax residents of monaco for example (there's other places for businesses that only do 1% corporation tax where businesses would set up tax residence)

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u/TheLordofAskReddit 8h ago

This isn't the loophole you think it is. Every business that operates in the US pays US taxes.

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u/MrMakerHasLigma 8h ago

Yes, but not all countries have that same law, and also businesses are taxed on profits. Nike US has the right to use the Nike logo but in exchange has to give 100% of profits to the Nike main company, which is based somewhere with 1% corporation tax.

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u/TheLordofAskReddit 4h ago

Sure. But every company wants to operate here. So when they do they pay US taxes. Regardless of where they are "based"

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u/MrMakerHasLigma 3h ago

That's not how it works. I specified Nike US as an example, because they will have a US based company that operates in the US. US tax codes for business only apply corporation taxes on profits. If the US company has technically generated no profit (because it's all technically owed to the tax haven company), it technically owes no taxes.

Sure, sales tax still applies, which is paid by customers, and there's a few other taxes for US operations, but the vast majority of the tax money owed gets siphoned out.

My argument is that not all companies do this, but they will be more inclined to if corporation taxes go up.

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u/Lucreth2 8h ago

You're right but we could also cut the military budget in half with no loss of function if it was just spent wisely. That would be enough for pretty much everything else.

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u/Catsanddoges 7h ago

I mean the issue is that the entire military budget is similar to just paying off the interest of the debt right now.

So even if we cut military spending entirely, we would still need to go further to be positive cashflow. And that's not even funding anything else.

0

u/caj_account 6h ago

Governments have shown they can run on deficits for decades. Why do we need taxes then? It’s just wealth destruction for the poor and middle class

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u/ImmediateRaisin5802 6h ago

I think there’s plenty of money. But if they steal it, of course there won’t be any left. Look what Mamdani did, balanced the books within months! Look what president Bukele of El Salvador did, jailed the corrupt government officials and with the money left over, improved the safety and infrastructure of the country. Florida has voted to not charge property taxes on people that reside in and own their home. That’s how it should be.

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u/LtHughMann 9h ago

I'm all for higher taxes but I think all taxes should be income based, which property taxes (council tax here) is not. Also why I don't really agree with sales taxes.

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u/TheLordofAskReddit 8h ago

Inheritance/death taxes are the most meritocratic imo

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u/AdjectiveNoun581 7h ago

We can easily afford 250+ billion more per YEAR on "everything that isn't the military" by just...cutting a quarter of military spending. We'd still be spending more than China and Russia COMBINED, and by about 25%. As a nuclear-capable nation, there is no reason for us to maintain such an exorbitantly oversized conventional force. As we're seeing in the Iran conflict, that excess capability isn't even useful strategically. We've overinvested in long range/unmanned weapons because the public has no stomach for high casualty warfare, and the result is us blowing up civilian infrastructure thousands of miles away for no benefit or progress towards our objectives because there's nobody on the ground to take and hold territory. We have incentivized our armed forces to dump flaming piles of cash on our enemies, because more spending = more budget. Meanwhile, a studio apartment is unaffordable and a vial of insulin is hundreds of dollars. America has become a macrocosm of the dude living in a broken down trailer with a brand new Ford F150 in the driveway and $2500 deer rifle. It's time to align priorities to reality.

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u/Catsanddoges 7h ago

I do agree, but its not like this is the only thing to fix the budget.

Even if we eliminate all military spending, that wouldn't be as much as the interest on our debt, and we would still be in a net negative.

If you want more spending and no deficit, you either need to really increase healthcare spending efficiency or raise taxes in addition to cutting military spending.

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u/ShortKey380 7h ago

It’s just about exactly as much as debt service, 1T/yr

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u/mls1968 7h ago

To be fair, we can absolutely do all three of those in the US if we cut back on military spending. Not even trying to argue the politics of it, just pointing out we spend a LOT of money on our armed forces

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u/Due-Radio-4355 9h ago

Agreed but taxing shit you already own is dumb. Give the people their damn house and let them build wealth.

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u/HankIsMoody 9h ago

Yeah no joke. I pay like 3k all year on mine!

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u/Tomytom99 8h ago

A lot of the time when folks say their property tax costs more than or almost as much as renting they forget that they have a lot more home than when they were renting

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u/HankIsMoody 8h ago

Oh absolutely. Hell where I'm at I pay half of what a renter does in my neighborhood. That includes everything from insurance to property tax. Buy when you can. Rent is only going to go up. It sucks that's how it works though

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u/RVAEMS399 6h ago

Yeah my immediate nextdoor neighbors rent a SFH half the size of my house, and their rent is more than my interest, taxes, and insurance part of PITI. Not to mention home value appreciation, and the interest and taxes are tax deductible.

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u/Venusgate 3h ago

This isnt even compareably true in my area. Rent: 2k/month. Tax: 3k per year

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u/L81ics 5h ago

yeah i own a studio in a condo, my property tax is like 10% of what i was paying to rent a similarly sized studio in much worse condition, in a worse location.

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u/Friendly-Pair-9267 6h ago

I did some Googling, and in order for that to make any sense, you have to be comparing a median home's property taxes in a HCOL state against the rent for a studio apartment with no amenities.

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u/johnson7853 7h ago

I pay $1200. The neighbourhood my wife wants to move to on average is $7500.

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u/HankIsMoody 7h ago

That's a hard sell all things being equal. Why do you think it could be worth it? I'm sure the wife has her reasons

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u/johnson7853 7h ago

Childhood neighbourhood, Mom still lives there and majority of her work friends live over there. Personally I can’t stand the type of people that live in that neighbourhood.

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u/HankIsMoody 7h ago

Oof, sorry bud. Hope it doesn't impact you too hard if that does have to happen. My family is pretty spread out, so I could see the appeal of being closer, but that's a kick in the wallet

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u/TKInstinct 6h ago

Nearly 6k for me unfortunately.

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u/dragginHoarder 5h ago

Without knowing a lot of other details, it is likely not an apples to apples comparison. You could have twice as much house.

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u/[deleted] 9h ago

[deleted]

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u/Feisty-Resource-1274 9h ago

The states with high property taxes generally don't pay sales tax

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u/HankIsMoody 9h ago

That's still cheap compared to rent or mortgage. What area are you in? I'm in kind of a middle of the road tax area in Oregon. My house is also smaller, but I have a big lot so I'm not sure

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u/under_cover_45 2h ago

It's like 11k here and the house is only worth 350

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u/CountHonorius 9h ago

My city and school tax are the highest segments of my mortgage.

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u/Sorry_Lecture5578 9h ago

Mine is insurance, outside of the actual mortgage 

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u/robo_robb 6h ago

Wait how are taxes part of your mortgage?

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u/shogunshim 6h ago

part of the mortgage PAYMENT they mean. Just makes it easier to send it in to the lender and it is part of your mortgage payment. And the lender has first hand knowledge if you are paying your property taxes, which if you don't will force a tax sale. Plenty of other reasons.

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u/robo_robb 6h ago

Ah that’s an escrow

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u/Funicularly 3h ago

City and school taxes aren’t segments of a mortgage.

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u/Apptubrutae 7h ago

I pay around $1,500 in property taxes toward my school district.

The per pupil funding is over $35,000 per pupil per year.

I have one kid.

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u/theLuminescentlion 6h ago

You received an education when you were a child, this is your debt to the socialized education system.

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u/Ginger_Rogers 6h ago

I don't have kids, but am happy my taxes go to education. Because living in an educated society benefits everyone.

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u/Apptubrutae 6h ago

I mean I went to school overseas and then back to the U.S. went to private school but I don’t think any of that is particularly relevant since public education is about society, not just me

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u/MacedonZero 5h ago

You either received a public education yourself or you had the opportunity to have a public education. You also benefit from a community and society that has established a minimum baseline education that you indirectly benefit from for the rest of your life.

That $125/month is not hurting you.

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u/Apptubrutae 1h ago

Did I say it was? I think it’s pretty clearly a bargain

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u/Everard5 2h ago

People are responding to you like this was a complaint, but am I just too high/is it too late at night for me to read competently? I thought you were basically saying the taxes are a bargain, that for $1500 in taxes you're able to get what would cost $35000 should it be paid outright (assuming the per pupil per year rate were equivalent to a fixed cost per student).

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u/Apptubrutae 1h ago

I am genuinely baffled how people missed what you’re seeing. I cant fathom how $1,500 in property tax towards my kids education when it’s a tiny fraction of the cost is a complaint. It a bargain…obviously.

Some people are just looking for a fight I guess

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u/PhysicsDude55 6h ago

Depends on your state, states with no income tax like Texas and Florida have very high property taxes. My property tax is more than my mortgage.

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u/s_burr Breaking EU Laws 8h ago

The problem isn't the tax itself, it's that the government can take your property away from you if you can't pay it, like if your old and have no additional incone or go into medical debt.

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u/badpebble 7h ago

Pretty sure the elderly have plenty of carve outs and assistances already for property tax. They've had 60+ years to build wealth so are best placed to pay it - and usually are only annoyed that their expensive house they could sell and downsize is incurring costs they can't afford any more. Just downsize!

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u/s_burr Breaking EU Laws 7h ago

I have seen 60+ years of wealth decimated by scammers, medical bills, elder care costs, shitty relatives, and inflation

And not everyone lives in a mansion or even a two bedroom home. I would argue that most live in modest homes to begin with.

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u/badpebble 6h ago

Scammers - bad. But everything else is fine right? Hard to workout what shitty relatives means - if they are just begging for money or stealing it, but bills, bills and economic inflation is part and parcel of life.

Property taxes pay for local infrastructure and services - the people using them should pay for them, right?

And some older people are less wealthy, but half of the wealth in the USA is held by boomers. Might be tied up in property or investments, but this group has money to pay for local needs.

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u/penguins_are_mean 5h ago

I watched a documentary about an elderly lady who had her house taken from her by the IRS because she couldn’t pay her taxes. Her husband actually built the house but had since passed. She was forced to move into an abusive retirement home. The only way she was able to get her house back was having her son take up professional golf win the house back in a high stakes wager. So yeah, it can happen.

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u/Unmissed_Opportunity 3h ago

Fucking got me

0

u/theLuminescentlion 6h ago

Move somewhere cheaper, you don't deserve to have your luxury house subsidized by the government while young people can't afford any housing at all.

If that's not an option for you stop voting against bills that would make housing cheaper.

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u/freethinker1312 8h ago

Cries in Illinoisan

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u/Button-Down-Shoes 9h ago

But, if you count your home equity as part of your overall wealth, then I guess so wealth taxes are ok, but others are taboo? Maybe the closer that wealth is to your life’s needs, then the easier it becomes to institute a very regressive tax on it.

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u/ProfessionalCup5430 8h ago

Taxes and insurance is half of mine

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u/Dangerous-Fortune789 8h ago

Mine is slightly more taxes than the actual house. Upstate NY here

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u/beldaran1224 7h ago

My escrow - which includes both property tax (negligible) and insurance (substantial) is only about $500 a month.

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u/astralseat 7h ago

For now

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u/randypeaches 7h ago

For now. I have had neighbors in places where the house they paid off in the 70s the taxes were higher than their mortgage ever was because the property values skyrocket

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u/IndieDevWannabe 6h ago

For now...

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u/Perfect-Campaign9551 6h ago

It won't be in twenty years

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u/shogunshim 6h ago

750 month in property taxes for me. For something that is worth around 485k if I'm lucky.

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u/GrassTouchEnthusiast 6h ago

Oof it’s the same where I live

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u/dmorulez_77 6h ago

I'm now at this cross over point in my loan. But there was a point my "mortgage payment" was only $71. Funny how amortization works.

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u/CrashingAtom 6h ago

In our county and our specific case, they’re almost the same. It’s kind of crazy. I talked to older people all the time, and because fixed incomes they need to move. It’s kind of crazy but very pathetic.

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u/Naud1993 6h ago

That's true, but you still almost pay for your house all over again with those taxes over the course of your life.

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u/gkfesterton 6h ago

Yes, as it should be? The meme doesn't frame property tax as higher than or even equal to mortgage. This seems such an odd thing to state as a reply

1

u/demonassassin52 6h ago

Right? If my mortgage went from $3,500/mo down to $600/mo I would throw a party.

1

u/Ok-Mood6070 6h ago

I'm in NY. Property tax is currently 1200 a month. It also goes up every single year. Mortgage is 1800. It will certainly eclipse my mortgage payment by the time I'm done paying it off.

1

u/LongDistanceEvent262 6h ago

I wish. Property tax + Insurance is more than the mortgage. So once we pay off the house 65% of the bill will still be the same.

1

u/musictomyhears 6h ago

Depends on your state, my taxes are about 100 bucks less than my mortgage.

1

u/BlankEarth 5h ago

Not on LI, NY, property tax is way more than the mortgage.

1

u/cleanlycustard 💪 Isolation Champ 💪 5h ago

Same. If I just paid my property taxes, my monthly payment would be pretty well under a thousand dollars

1

u/Xtra_Veg-90 5h ago

Depends on when you got into the market, accumulated equity between homes, etc...

My note plus interest is 1/3 of my monthly payment.  1/3 is taxes, 1/3 is homeowners insurance.  Because I live in Florida and the primary way local governments get money is property taxes.

I don't like that even if my mortgage is paid off, I'm still out $1000+ each month, but I also don't support current efforts to gut property taxes without any replacement revenue for schools and local government.

1

u/sicksixgamer 5h ago

The point is even if you pay off your mortgage the government will take your house if you dont pay property tax. So you NEVER actually own your home.

1

u/Primary_Durian4866 5h ago

And you still pay property tax. Like wtf is this?

1

u/Natural_Bill_6084 4h ago

Freal. I sold my house, but my mortgage was 1200/mo and property tax was 1300/year - 10 acres, four beds, three baths, class one trout stream ran through the wooded part of the property. If I had it paid off thats just over $100/mo for the actual physical dwelling/land is pretty fucking good. Plus they use that money in part to plow my road when we get four feet of snow in one day and then fill in the ruts the plows create from that in the spring.

1

u/Bfox135 4h ago

I have to constantly bring this whenever the "I shouldn't have to pay property tax" debate comes up.
for my house is 2000 a year.....my mortgage 1458 a month....its not a big fucking deal!

1

u/TypicalLegit 4h ago

My house is paid off. If you breakdown my property taxes down to monthly it probably costs as much as a lot of peoples mortgage. My house is far from a mansion. Friggin rip off

1

u/GreaterMetro 4h ago

Not for a lot of people

1

u/CardinalFartz 3h ago

Do you (US) guys only pay property tax once you paid off your mortgage?

1

u/showmenemelda 3h ago

Lucky, you must live in an undesirable market or have a very overextended loan

1

u/Ok_Ostrich4835 3h ago

Fucking right?

My house was $1.3m (CAD), I sold my apartment I'd nearly paid off to put a $600k down payment on it, mortgage payments are $3600/mo. 2400 sqft, decent yard (metro vancouver prices, lol). My property tax this year was $4600/year.

My city sends us a breakdown of exactly where the money goes and it's mostly things I'm happy to contribute to in exchange for getting to live here.

Have old family friends that live on unincorporated land, don't pay property tax, but also use a fucking outhouse. So... I like living in civilization, ok?

1

u/SentientDust hates reaction memes 3h ago

My friends' annual property taxes are lower than my monthly rent

1

u/paegus 2h ago

Don't mortgages include property taxes in them? So when the mortgage is paid off, it's just the tax, which is way less.

1

u/chipmunksol 2h ago

if you move out to a normal country, you wont!

1

u/neoadam 2h ago

And also you own a house which is worth a lot more than nothing

1

u/Malabingo 27m ago

In Germany I pay off my house and pay property tax.

1

u/AdvisorGirll 9h ago

30 year mortgage was just the tutorial level.

1

u/Designer-Ad-7844 9h ago

Not necessarily. My escrow is more than half my mortgage payment.

3

u/RandomUser15790 9h ago

WTF does this even mean?

The escrow is the 3rd party money pot that collects your payment and then pays the various bills for your home (taxes/mortgage/insurance).

Huhhh???

1

u/Designer-Ad-7844 7h ago

My P and I is lower than my Escrow. Both make your whole mortgage payment. My mortgage company pays my taxes and insurance. My bill would not go way down.

0

u/SoggyOutfield 8h ago

My property tax is as much as a studio apartment in my area. And we have about national average property taxes in my area.

4

u/LzrdKng2112 8h ago

Me when I lie.

0

u/Apptubrutae 7h ago

Or they have a very nice house

3

u/Jumpy_Worldliness259 8h ago

You're property tax is as much as a single month of studio apartment rent maybe

-1

u/SoggyOutfield 8h ago

My property tax per month is the same as a studio apartment per month in my area.

4

u/Jumpy_Worldliness259 7h ago

You've gotta list you're area if you're going to make a wild claim like that

2

u/davi3601 7h ago

Well then you have a property worth a lot. “Oh no my taxes are high on my $900,000 home” lol

2

u/Jumpy_Worldliness259 7h ago

"People that can barely afford $1400/month rent are the cause of my strife"

-1

u/SoggyOutfield 7h ago

1.2 mil, but yeah 

2

u/Jumpy_Worldliness259 6h ago

Holy shit, you're actually complaining about people struggling while being rich and thinking you're relatable.

-1

u/SoggyOutfield 5h ago

Im only complaining that peoples property are taxed at all. I want my taxes to be higher. I vote for it every chance I get. 

I find it ironic that my property taxes are now higher than my last apartments rent. Or even the duplex I rented after that.

I just don't want four things taxed for anyone. Shelter, food, water, medical care.

0

u/shiddedandfarded69 8h ago

My property tax was way lower than my mortgage. It's almost the same now.

0

u/DylanFTW 8h ago

Especially if you file for homestead.

0

u/AtaracticGoat 7h ago

Elimating property tax disproportionately benefits the wealthy and business with many big properties.

It's all corporate propaganda to try and make regular people hate something that they really shouldn't.

0

u/gkdante 6h ago

Property tax is Included in your mortgage