Berkeley CSUA MOTD:Entry 39275
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2024/11/23 [General] UID:1000 Activity:popular
11/23   

2005/8/25-26 [Reference/Tax] UID:39275 Activity:nil
8/25    How about tying property tax with income, such that if your
        property tax goes above certain percentages of your income, you
        only have to pay a smaller and smaller percentage of the "full"
        property tax.
        \_ Extend that to corporations, partnerships and the like as well
           and it seems reasonable.
        \_ That's called (wait for it) "income tax".
                \_ It's called it a progressive property tax.
                   \_ Thank you Mr. Orwell.
                        \_ Umm I was serious ... If you don't own property
                           wouldn't pay a penny, so how is it an income
                           tax exactly.