Property Tax Credit

[Obi-Wan]

It is, however 70% of Americans would save zero otherwise.
Secondly only about 40% actually pay into this, but somehow even illegals get paid out of it.
Thirdly the birth rate is down, more people taking out of it, than people putting into it.

If the money that was paid in would have been set aside or invested instead of being put into the general fund there would be more than enough to cover those that paid in

 

[riverview]

It is, however 70% of Americans would save zero otherwise.
Secondly only about 40% actually pay into this, but somehow even illegals get paid out of it.
Thirdly the birth rate is down, more people taking out of it, than people putting into it.

how many people that hardly paid in are on ss disability??

 

[Prairie Doggin']

They also use it to pay every parent who can get their kid diagnosed with a learning disability. Lots of money going out there. Not "poo-pooing" learning disabilities, but have come to the realization they are another gravy train.

 

[gillraker]

how many people that hardly paid in are on ss disability??

I would guess in the hundred of thousands, possibly even much higher..

 

[Allen]

I think far too many people confuse Social Security with a retirement plan.

 

[NDbowman]

This measure was designed to prohibit the state and local governments from levying taxes on the assessed value of a home except for those designed to pay for bonded indebtedness. The measure would not prohibit taxes levied on other aspects of a home such as square footage.


https://ballotpedia.org/North_Dakot...ssed_Value_of_Real_Property_Initiative_(2024)