Property tax is a huge scam. Just because someone paid x amount for a property down the road, doesnt mean your property is now worth that. You should only pay tax on what YOU paid for your property.
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Blackrock, Vanguard, and Goldman Sachs inflate property values, then governments tax you on the inflated rate, a perfect wealth transfer scam.
You shouldn't be paying property tax (i.e. rent) on something you own.
The slight-of-hand, is that most people (at least in the US), own "real estate" and not "property".
Agree.