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Then, there's property tax, people that have more expensive homes
in wealthy pay more in property taxes than those that live in poor
areas in inexpensive homes.
Oh my. "Those that live in poor areas in inexpensive homes" commonly
don't even own them so they pay NO property tax. On the other hand
they far more rent than wealthy people. Moreover, as a direct result
of not owning their homes, they haven't benefitted from the
astonishing capital gains of the last thirty years. I know that, in
my own case, the equity increase has paid my property taxes (which
are insanely low due to the effects of Prop 13 here in California)
many times over. So once again, sorry, no cigar.