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So your personal cost is actually MUCH lower than what you complain about endlessly on this forum.
Sure...homeowners do the same when they gripe about property taxes right? Two earners, but they always complain about X dollars of property tax instead of their personal cost, which is (at most) X/2,
Sure...homeowners do the same when they gripe about property taxes right? Two earners, but they always complain about X dollars of property tax instead of their personal cost, which is (at most) X/2,
Why would you assume every household has 2 earners? Single people own homes, etc.
Why would you assume every household has 2 earners? Single people own homes, etc.
Single people have a much lower homeownership rate (50%) than married couples (75%).
Part of that, of course, is that single people with low incomes often do not have affordable ownership opportunities, whereas a coupe with two low earners is more likely to be able to buy a home.
Single people have a much lower homeownership rate (50%) than married couples (75%).
Part of that, of course, is that single people with low incomes often do not have affordable ownership opportunities, whereas a coupe with two low earners is more likely to be able to buy a home.
Partially true.
The reason why single does prefer to rent vs own is because they are single. If I am single, I would rent a studio or 1 room apt. But when you are married and most likely than not, you are planning to have kids. This is the reason for buying. You settle down. You look for a safe environment to raise a family, a good school town, etc.
What do you think a flat tax argument is? It just feels right in people's hearts because they can make the "contribution" equal as if income somehow has any relation to user fee. If I don't go to the movies should I pay anyway based on income?
What do you think a flat tax argument is? It just feels right in people's hearts because they can make the "contribution" equal as if income somehow has any relation to user fee.
A flat tax doesn't result in an equal contribution.
Given the OP rate...
Person 1 earns $250,000 and would pay $38,250
Person 2 earns $25,000 and would pay $3,825
$38,250 ≠ $3,825
Person 1 would very likely be OVER-paying for services used. Person 2 would very likely be UNDER-paying for services used.
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