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<blockquote data-quote="Trip McNeely" data-source="post: 420699" data-attributes="member: 728"><p>Property tax on investment property or property that generates income is what I mean. I’m all for doing away with tax on primary residence regardless if it’s a trailer or a multi million dollar home. That’s equitable across the board. You do away with property tax across the board then you can bet those that have leverage will use any tax savings to leverage against those who don’t by gobbling you more. Another example is let’s say John q pickledick buys up 50k acres in the badlands and then closes it off from any instate people or hunting. What do the locals get out of it? At least if these properties are taxed now they get things paid for by large out state owners who give 2 shits about the community and only see investments. Do away with the taxes and they’ll use it to leverage even more. If anything we should incentivize local or regional ownership. Make primary residence untaxed. Cap property tax on local businesses or locally owned income generating property and double the taxes on any out of state owned properties.</p></blockquote><p></p>

[QUOTE="Trip McNeely, post: 420699, member: 728"] Property tax on investment property or property that generates income is what I mean. I’m all for doing away with tax on primary residence regardless if it’s a trailer or a multi million dollar home. That’s equitable across the board. You do away with property tax across the board then you can bet those that have leverage will use any tax savings to leverage against those who don’t by gobbling you more. Another example is let’s say John q pickledick buys up 50k acres in the badlands and then closes it off from any instate people or hunting. What do the locals get out of it? At least if these properties are taxed now they get things paid for by large out state owners who give 2 shits about the community and only see investments. Do away with the taxes and they’ll use it to leverage even more. If anything we should incentivize local or regional ownership. Make primary residence untaxed. Cap property tax on local businesses or locally owned income generating property and double the taxes on any out of state owned properties. [/QUOTE]

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