In addition to the government’s record ‘Income Taxes’ being collected, property owners in the USA have also paid a record amount of Property Taxes, hitting an astronomical total of $540,701,000,000 in 2016. One can argue the socialist side of the topic that property taxes fund public education, infrastructure, etc. We won’t get into arguing what the tax payers are getting for their money in the public education arena (save that for another day).
What we would like to support here is the argument that ‘Taxation Is Theft’. Here is a quote from Anarchris in his video on this topic (WATCH HERE);
“Property taxes are a method of the state requiring payment of rent on property you already own. A failure to pay this tax is penalized by the confiscation of the property. Therefore to advocate a property tax I’m admitting that the state owns everything, and merely rents it to its subjects”
Key words “the state owns everything”. For all of us that live in ‘Jurisdiction B’ this is a fact of life. Patrick Rooney hit the nail on the head when he said “Wisdom Is Being Able To See The World For What It Is Rather Than For What You Want It To Be”
In a recent article by Terence P. Jeffrey about this topic, (CLICK HERE) he writes;
“Americans paid a record $540,701,000,000 in property taxes to state and local governments in fiscal 2016, according to the U.S. Census Bureau. That was up $16,748,620,000—or about 3.2 percent–from $523,952,380,000 in property taxes (in constant 2016 dollars) that state and local governments collected in fiscal 2015.
The prior national record for property taxes was set in fiscal 2009, when they hit $527,850,500,000 in constant 2016 dollars. Fiscal 2016’s record total of $540,701,000,000 was up $12,850,000,000—or about 2.4 percent—from that previous record”
And of course ‘No Matter How Much They Take, It’s Never Enough’. We are TEA!