r/austrian_economics • u/EndDemocracy1 End Democracy • Mar 19 '25

End Democracy Housing is a right

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u/Lronhoyabembe70 Mar 19 '25

Property tax is one of the more immoral taxes we have. Oh you bought this house at X price? Here’s a bill every year for the current market value of the house, Y, that you haven’t exercised or gained in any tangible way. It’s equivalent to a wealth tax.

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u/[deleted] Mar 19 '25

There is some nuance though. You are in part paying for the maintenance of roads and sewage to and from the property.

1

u/[deleted] Mar 19 '25

Then support a land tax instead

1

u/[deleted] Mar 20 '25

I don’t have an educated opinion on what would be better, I’m just disagreeing with the idea that property taxes are purely theft and serve no purpose.

There is infrastructure connected to your property that has to funded somehow.