beforewisdom wrote:Why do property taxes still exist?
To pay for municipal services.
beforewisdom wrote:It is my understanding that nobody likes them.
LOL! Nobody likes income taxes either - maybe we should get rid of those, too? Next up - sales tax. Yays? Nays? The nays have it.
Wow, that was easy. No more taxes. Everybody's happy.
beforewisdom wrote:People work hard for most of their lives to buy a home and then when they retire they slowly lose their home through reverse mortgages to pay their property taxes.
Why don't they downsize to a smaller home and use the profits to pay the property taxes for the rest of their lives? Why don't they move to a region with lower property taxes? Why didn't they save enough money during their careers to cover the expense of property taxes in retirement? Why have you started 2 different threads hating on home ownership?
beforewisdom wrote:Why not fund schools at the State or Federal level, taxing only those people with school age children?
Now that is an excellent question. As a DINK, it really burns me that I'm required to pay for schools I'll never send kids through, while parents who opt to send their kids to private schools are entitled to reclaim the portion of their own property taxes allocated to the public school system.
Unfortunately, people with kids vote, and politicians would never risk alienating such a large voting block. It would be too much of a financial shock to suddenly slough the cost of educating children onto those actually creating the children, so it will never happen.
Plus, families are a political "fuzzy bear," to be universally praised regardless of how many children a couple has, or how financially unviable the family's circumstances are. You must never say anything bad about "families" in Western culture. Having children is always a good idea, and only selfish heartless grinches would ever try to discourage a couple from having a baby. Babies = good.