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The Basement
Property Tax
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<blockquote data-quote="Per Søvik" data-source="post: 96517" data-attributes="member: 1285"><p>Re: Property Tax</p><p></p><p>As they say, it's only two certainties in life; death and taxes. Taxes need to be high enough to make death seem a relief <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" />~;-)~:wink:</p><p>I know the tried intelligence tax in Sweden, but they couldn't find anyone that qualified :twisted:</p><p>In Norway of course we have the TID, the Tax Invention Department that employs about 100.000 people whose sole job it is to dream up new taxes :lol:</p><p></p><p>Seriously though, is there not a clear distinction between real estate tax and capital tax? I imagine most tax systems make this distinction, where the capital tax is calculated from net worth of assets minus liabilities. Even in Norway we don't pay tax on our belongings as such.</p></blockquote><p></p>
[QUOTE="Per Søvik, post: 96517, member: 1285"] Re: Property Tax As they say, it's only two certainties in life; death and taxes. Taxes need to be high enough to make death seem a relief ;)~;-)~:wink: I know the tried intelligence tax in Sweden, but they couldn't find anyone that qualified :twisted: In Norway of course we have the TID, the Tax Invention Department that employs about 100.000 people whose sole job it is to dream up new taxes :lol: Seriously though, is there not a clear distinction between real estate tax and capital tax? I imagine most tax systems make this distinction, where the capital tax is calculated from net worth of assets minus liabilities. Even in Norway we don't pay tax on our belongings as such. [/QUOTE]
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