The point of my post was to indicate that just because you're a home owner (rath... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

throw0101a 56 days ago | parent | context | favorite | on: How to convert between wealth and income tax

The point of my post was to indicate that just because you're a home owner (rather than a renter) does not make you special.

Property taxes are not wealth taxes, but fees for services rendered by the local government. Both home owners and renters (may) benefit from those fees.

bagels 54 days ago [–]

It's a wealth tax. You're just describing what the funds are used for. Other types of wealth tax can pay for those things too.

Consider applying for YC's Fall 2026 batch! Applications are open till July 27.
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact