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In the USA, can you lose your home even after it is 100% paid off? (lemmy.ml)

submitted 11 months ago by Confidant6198@lemmy.ml to c/asklemmy@lemmy.ml

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Let’s say that you buy a home in cash and have 100% paid off. Could you still lose it somehow?

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[–] Veraxus@kbin.social 7 points 11 months ago* (last edited 11 months ago) (1 children)

Commerce and wealth-based taxes (income, sales, capital gains, etc) are sufficient to cover any and all social needs. Taxing people on their own possessions - especially those critical to living - is beyond unethical, it is evil.

A property tax on a primary dwelling residence is unethical because it is not attached to any act of commerce. It is your home. It is your family's life and legacy. Property taxes do not care whether the owners are billionaires or do not have a penny to their name, so they harm the middle class and the poor while it's little more than an afterthought for the wealthy. Case in point: Hawaiians who are forced to sell their ancestral homes because they cannot afford property tax... because the "value" of their ancestral land is constantly and steadily increased by wealthy interlopers. This is just plain, old-fashioned banditry and theft - nothing more and nothing less... and if you advocate for it or justify it, you advocate for evil.

[–] DarkDarkHouse@lemmy.sdf.org 1 points 11 months ago

So many bad arguments here.