Pogogunner@sopuli.xyztopolitics @lemmy.world•'Absurd!': US Billionaires Pay Lower Tax Rate Than Working Class for First Time
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2 months agoYou’re not taxed on the full appreciation of your home at income tax rates. If the government did, the tax on the appreciation would price people out of their homes.
Ah. I failed to consider you live outside of the United States of America. I’m sorry that low income earners are burdened by this kind of tax policy.