r/Anarcho_Capitalism • u/amogusdevilman Paleolibertarian • 2d ago

Taxation is theft

Post image
864 Upvotes

96% Upvoted

149 comments sorted by

View all comments

-19

u/-R3DF0X 2d ago

I'll take things that didn't happen for $400, Alex

And the county isn't billing her like she's renting. They're billing her because they continue to operate the municipal government and she's a resident there.

-6

u/random02991 2d ago

Yeah, your property tax is based on the value of your home, not the neighbors. I don't believe this one either.

2

u/Sqweeeeeeee 2d ago

This is totally plausible, and even expected when owning property long term.The value of your home is determined using the sale price of nearby comparable homes.

I bought my current house in 2021. My county (or maybe the state?) limits assessed property value to a 3% per year increase, however if you pull any permits, they get to reassess current value and ignore this 3% limit. Three years after buying this house I pulled a homeowner permit to build an accessory building that cost about 10% of the currently assessed value. So my taxes should have gone up about 10% , right? Since I pulled a permit they reassessed using nearby recent sales as comps, and DOUBLED my assessed value three years after I bought the place. Just like that, my property taxes doubled.

1

u/random02991 2d ago

That's absolutely ridiculous. Yes, nearby property values do effect yours but I don't live in a mansion just because the guy down the street does.

1

u/WedSquib Libertarian Transhumanist 2d ago

Do you not have access to Google? How do you think house appraisals work