True enough, but property tax is municipal, I think if the federal government started to jack it, people would freak.Property tax, even if you own your home outright you still need to pay that. If they jack it way up kiss it all goodbye. On a 24k a year bag of peanuts with a 10k+ property tax good luck.
Same issue for renters, no one could afford rent.
Shit my property tax is 5000 already,
Buddy of mine on the lake pays $12,000.
Mind you he owns a successful car dealership and makes more money than me, lol, I’d shit paying that.
Ok, now if they took the amount that we got from the basic income in property tax, then even the poor would pay it thru rent, then there would be no net difference to now, except that the government was recycling money, lol.
Oh I know they would figure out a way to get extra. They always do.