Quote:
Originally Posted by RWebb
no, I didn't - no sales tax here
I am still curious why a personal property tax is unfair.
The only reply close (above) is on a different question: that taxing some types of pers. property but not others is inequitable.
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I think a "property/wealth/ownership tax" erodes ownership. You shouldn't have to make payments on stuff you own IMO, that is some what like working the land as serfs. I feel the same way about about current property tax on houses and cars. I can understand a fee to keep track of ownership, keeping land plots, car titles, etc, for the purpose of proving ownership, but it needs to be just for that purpose, and not a "value tax" in addition.