Isn’t property tax, rent?

https://www.zerohedge.com/news/2018-07-15/resource-nationalism-its-coming

It does pay to make a list of all the things you fear could happen in the next ten years and check each year if any happened so you know you didn’t imagine it.

comment
“..its simple. The Rothschilds own all the resources, through their shell corporations.
It’s long past time to ARREST THE ROTHSCHILDS AND SEIZE ALL THEIR STOLEN ASSETS.”
That’ll happen anyway.

Bring on the thorium before it’s too late.

Property tax must be stopped, we can solicit all the utilities privately.
And to tax the childless for other people’s children is a theft of child support, it’s a fraud.
Communism relies on property tax because it implies the State will always be the true owner of property.
Isn’t it rent to politicians? They shouldn’t be able to confiscate something they don’t own.
http://www.libertyzone.com/Communist-Manifesto-Planks.html
It used to be that anyone can open a bank, can’t do that now either.
State schooling also keeps kids out of the workforce from competing with the low IQ. The tax burden on the parents is heavier so nannies take over and they too are taxed. The child learns you don’t have to work to be looked after, by the State. Affection for teachers overtake filial loyalty.
Every Empire is destroyed by pensions, all nations are growing them like a tumour on the young.
Given all these facts, the Government should pay you to take on property (where you become responsible for maintenance and choose to take on the impossible tax burden).

You don’t truly “own” it and it is an imposition on human rights to charge someone to live, since we all must live somewhere and stamp duty should be the one tax on that land, bundled.

To see who will sink straight to the bottom, look at mortgage fraud again.
https://www.scmp.com/news/china/economy/article/2112873/chinas-household-debts-soars-it-being-stalked-subprime-spectre
What happens when you let communists pretend to be successful.

“Thanks to the easy credit that has spurred the housing boom, many young Chinese have abandoned the frugal traditions of earlier generations and now lead a lifestyle beyond their financial means.
The build-up of household and other debt in China has also sparked widespread concern about the health of the world’s second largest economy.”

“Government policies are also protecting the interests of homeowners. City governments have squeezed land supply to keep land prices high

Communists

and made secondary market trading less attractive, with new home buyers left to compete for a few new developments. Meanwhile, there is no property tax, which encourages homeowners to hold on to appreciating property assets.

Sure, that won’t change. If you see free food in the forest, what trap?

Pension fraud, mortgage fraud, energy dependence, food security issues.

“But the figure could be misleading because it failed to reflect regional differences and it under-reported many hidden family debts in China,

not an honour culture, a liar culture
Who cares if you’re deceitful, as long as nobody knows?

a recent report by the Institute for Advanced Research at Shanghai University of Finance and Economics said.”

Just in case you think the old people can afford to bail out the kids when they need to eat.

“China’s first home buyers are, on average, younger than those elsewhere in the world, with most of those in Shenzhen in their 20s and 30s.”

They can’t tax the young to save their economy. The money is already gone.

Should you feel sorry for frauds?

Mai has lent 600,000 of the 800,000 yuan he got from a bank after using his first flat as collateral to a money shark promising an annualised return of 20 per cent. Wang gave the bank fake documents showing her monthly income was 18,000 yuan – about 1.6 times her actual salary. It did not ask any questions.
Neither see any problem, because the value of their underlying assets, the flats, have risen.
The value of Mai’s two flats rose from 3.8 million yuan last year to 6.4 million yuan last month, while the value of Wang’s unit is now 2.93 million yuan, up from 2.6 million yuan.
“I think I made a smart and successful decision to leverage debt,” Mai said.”


Nah.

Let ’em burn.

1. Be civil. 2. Be logical or fair. 3. Do not bore me.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s