Comment by SlightlyLeftPad

4 days ago

But you must pay tribute in the form of thousands of dollars in property taxes. Your first born child may also be acceptable.

€98/yr

Not everywhere is America, fellow hacker.

  • America has $0 property taxes in unincorporated Alaska, and possibly a few other places. The rates are determined locally. I pay very little but we also have no public roads and basically no fire or police -- you can pretty much pick what property tax rate you want if you're a little bit mobile.

  • To be fair, we were talking about Capitalism. There are few places more capitalistic than America currently.

    But wow, 98€ is about how much it takes for me to take my family out to lunch at a fast food restaurant.

    • china being the obvious example?

      the US seems much more speculation and leverage based, rather than capital being used by private owners to apply labour to to make useful goods

  • Whoa nice, that's nuts. Curious what country if you don't mind sharing! No worries if not

    • No idea where they are but when I had a very cheap house in Ireland the property taxes were only a bit over €100 per year.