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The Basement
Property Tax
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<blockquote data-quote="John Roberts" data-source="post: 96742" data-attributes="member: 126"><p>Re: Property Tax</p><p></p><p></p><p></p><p>Property tax seems a logical way to spread the cost of local services across people who can best pay for them and does not contradict the right to own property unless that taxation is burdensome. Traditionally too much taxation on one narrow area will kill the golden goose, who stops laying golden eggs. Fairness depends on your personal perspective. Some might argue that services should be paid for by all who consume them, but the modern definition of fairness ignored that a long time ago. At the heart of the new healthcare legislation is a simple transfer of the cost incurred by the unhealthy to the healthy. Without any check on how healthcare is consumed this free buffet will lead to unprecedented spending increases. </p><p></p><p>For a long time after our founding the federal government was fully funded by fees for government services, and duty on imports/exports. Government needs to be funded, but do we need so much of it??</p><p></p><p>===</p><p></p><p>Your, being prodded to attend college is a classic confusion of cause and effect. Since old studies have shown that gaining a college degree led to more lifetime earnings, it seems simple for everybody to make more money just send them all to college. Just like politicians correlated home ownership with a better life so we'll just help everybody buy a house whether they are ready to or not. We know how that turned out. We are in the middle of a similar higher education bubble, where too easy college lending has led to more money chasing a finite resource so college prices went up, and some argue the quality of that education has been lowered by a broader slice of the population attending. Irony is that making it so easy to borrow money for college will burden many young adults with so much debt that it makes it difficult for them buy homes later. More unintended consequences of meddling with free markets. </p><p></p><p>JR</p><p></p><p>PS: caveat lector: I am a college dropout with an unremarkable high school record so take my comments about education with a grain of salt. I do value the education that i did received along the way when I wasn't bored out of my skull, and the many people who helped me learn along the way outside the education system.</p></blockquote><p></p>
[QUOTE="John Roberts, post: 96742, member: 126"] Re: Property Tax Property tax seems a logical way to spread the cost of local services across people who can best pay for them and does not contradict the right to own property unless that taxation is burdensome. Traditionally too much taxation on one narrow area will kill the golden goose, who stops laying golden eggs. Fairness depends on your personal perspective. Some might argue that services should be paid for by all who consume them, but the modern definition of fairness ignored that a long time ago. At the heart of the new healthcare legislation is a simple transfer of the cost incurred by the unhealthy to the healthy. Without any check on how healthcare is consumed this free buffet will lead to unprecedented spending increases. For a long time after our founding the federal government was fully funded by fees for government services, and duty on imports/exports. Government needs to be funded, but do we need so much of it?? === Your, being prodded to attend college is a classic confusion of cause and effect. Since old studies have shown that gaining a college degree led to more lifetime earnings, it seems simple for everybody to make more money just send them all to college. Just like politicians correlated home ownership with a better life so we'll just help everybody buy a house whether they are ready to or not. We know how that turned out. We are in the middle of a similar higher education bubble, where too easy college lending has led to more money chasing a finite resource so college prices went up, and some argue the quality of that education has been lowered by a broader slice of the population attending. Irony is that making it so easy to borrow money for college will burden many young adults with so much debt that it makes it difficult for them buy homes later. More unintended consequences of meddling with free markets. JR PS: caveat lector: I am a college dropout with an unremarkable high school record so take my comments about education with a grain of salt. I do value the education that i did received along the way when I wasn't bored out of my skull, and the many people who helped me learn along the way outside the education system. [/QUOTE]
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