We should not have to worry about losing our
homes that we spend 30 years to pay for because of property taxes. You want to create a state tax or a higher wheel tax to pay for roadways, okay. But leave my house out of it. I shouldn’t be continually taxed every year on something I own.
I agreee. I wrote an observation regarding this as well. I don’t think anything we own, such as cars or houses should be taxed again once we own them. Also, there is the inheritance tax on if you inherited a home. Taxing should be removed from things like this.
Agreed. Property taxes are wealth taxes and hit the middle class the hardest.
I fully support this, but I am not sure what the federal level of government can do about it. Property taxes are levied by the state and local government.
I will lose my house because of property tax increases. Even though they are capped due to age, they are high in comparison to overall lack of income.
Here’s a 10-point tax plan to help alleviate the burden of property taxes for homeowners, especially those who have invested decades in paying off their homes. This plan aims to ensure that people who have already invested heavily in their homes don’t lose them due to rising property taxes, while keeping funding intact for essential services.
1. Property Tax Freeze for Long-Term Homeowners
- Plan: Freeze property taxes for homeowners over a certain age (e.g., 65) who have lived in their home for at least 20 years.
- Benefit: Ensures that long-time residents, particularly retirees on fixed incomes, are not priced out of their homes due to rising property values and taxes.
2. “Homestead Protection” Exemption Increase
- Plan: Increase the homestead exemption amount, which reduces the taxable value of a primary residence, for those who have owned their home for over 15-20 years.
- Benefit: Decreases the annual property tax liability, providing significant tax relief and encouraging homeownership stability.
3. Cap on Annual Property Tax Increases
- Plan: Impose a cap (e.g., 1-2% annually) on property tax increases for homeowners who have lived in their homes for a long period, regardless of rising market values.
- Benefit: Provides predictability in property taxes, making it easier for homeowners to plan for the future and avoid surprise tax increases.
4. Property Tax Deferral Programs
- Plan: Allow low-income homeowners, especially retirees, to defer property taxes until the property is sold or passed to heirs. The deferred amount would become a lien on the home, payable upon sale or inheritance transfer.
- Benefit: Provides relief for homeowners who are cash-poor but property-rich, allowing them to stay in their homes without worrying about immediate tax payments.
5. Sliding-Scale Property Tax Rates Based on Income
- Plan: Implement a means-tested approach where property taxes are reduced based on household income, especially for those over 65 or with low-to-moderate incomes.
- Benefit: Ensures that those with less ability to pay are not overburdened, while wealthier homeowners contribute a fairer share based on their income level.
6. Property Tax Credits for Homeowners with Fixed Incomes
- Plan: Offer state tax credits to offset a portion of property taxes for homeowners with fixed incomes, such as retirees or disabled individuals.
- Benefit: Provides direct tax relief to those on fixed incomes, reducing the financial pressure of annual property taxes without reducing local tax revenue.
7. Eliminate or Reduce Property Taxes for Primary Residences
- Plan: Phase out property taxes on primary residences for homeowners over a certain age, like 65 or 70, who have lived in their homes for a long time (e.g., 20+ years).
- Benefit: Protects elderly homeowners from losing their primary residence due to property taxes, making homeownership sustainable into retirement.
8. Alternative Revenue Sources for Local Governments
- Plan: Diversify local government revenue by increasing non-property-based taxes, such as sales taxes or small municipal income taxes, to offset property tax revenue.
- Benefit: Reduces reliance on property taxes as the main source of funding for local services, spreading the tax burden more evenly across different sources.
9. Encourage State-Level “Property Tax Relief Funds”
- Plan: Encourage states to establish property tax relief funds to help local governments offset the costs of property tax exemptions or reductions for qualified homeowners.
- Benefit: Alleviates the financial impact on local governments that rely on property taxes while protecting homeowners from losing their homes due to taxes.
10. Create a “Lock-in” for Property Taxes on Paid-Off Homes
- Plan: Implement a policy where property taxes are locked in or significantly reduced once a home is fully paid off, provided the homeowner continues to live in the home.
- Benefit: Rewards long-term homeowners by stabilizing taxes once they have paid off their mortgage, helping to prevent tax-related displacement.
Expected Benefits of This Plan
These strategies provide stability and predictability for homeowners while allowing local governments to maintain essential revenue streams through careful targeting and balancing of relief measures. Additionally, the combination of relief, deferrals, exemptions, and caps could prevent displacement and ensure that those who’ve invested in their homes over many years are not forced out by rising property tax burdens.
@AudreyTN865
Not to mention the fact that if I homeschool, I shouldn’t have to pay for everyone else’s kids to go to public school!!
Lupole, that’s ridiculous. The point is that property tax is a cudgel the STATE holds over it’s citizens where your home is never truly YOURS. I detest ideas like this that masquerade as generous when they don’t address the core issue. Stop confusing people!!
Uh, No… Don’t care about the USDA budget, FBI, CDC, or any other criminal outfit. This is a wolf in sheep’s clothing. As someone else has said, this is masquerading as generous, when it does not address the core issue. Should be no tax at all.
agreed. food, water and shelter are life sustaining wealth.
I responded with the wrong answer My apologies still in this learning curve to this forum. thought you were fucking with me. Truly accdental
@pie [quote=“National transfer of wealth, post:1, topic:15530”]
national transfer of wealth policy encompasses a national review of all forms of citizen wealth and its transfer to government/corporate/educational entities by manipulative and deceitful means. forms of wealth will include financial, health(physical and mental), future, public and educational citizen wealth will include all citizens. the term citizen will not include corporations who legally pose as individuals. with all the very good reasonable policies im reading on this site, i propose t…
[/quote]
National Transfer of Wealth Policy (NTWP)
Overview:
The National Transfer of Wealth Policy (NTWP) aims to address and correct the exploitative, manipulative, and deceitful practices by which wealth has been unfairly extracted from American citizens and transferred to government, corporate, and educational entities. This includes financial wealth, health wealth (physical and mental), future wealth (e.g., the prospects and opportunities for future generations), and public wealth (e.g., resources that should benefit society at large). The policy will ensure that wealth is protected and fairly distributed among citizens, while clearly excluding corporations that legally masquerade as individuals.
The NTWP will establish a national review and restructuring process to identify and mitigate wealth transfers that are harmful or exploitative, aiming to restore fairness, accountability, and equity across society.
**1. Establish a National Wealth Review Commission (NWRC)
- Objective: Create a bipartisan, independent commission that will review all forms of wealth that have been transferred from citizens to government and corporate entities, focusing on identifying manipulative and deceitful practices.
- Key Functions:
- Auditing the historical transfer of wealth from citizens to corporations (including Big Pharma, Big Tech, and other industries).
- Investigating the role of government policies, including tax laws and corporate subsidies, in facilitating wealth transfer.
- Analyzing educational financial systems and how student debt and misrepresentation of financial knowledge have contributed to the national wealth gap.
2. Public Awareness and Education on Wealth Inequality
- Objective: Implement a national public awareness campaign to educate citizens about the existence and impact of wealth transfer.
- Empower the general public with knowledge on how wealth extraction impacts individual citizens’ economic mobility, health, and access to education.
- Establish financial literacy programs in schools and through public media to help citizens better understand the implications of wealth inequality and how they can advocate for policy changes.
3. Financial Wealth Restoration Plan
- Objective: Implement policies and programs aimed at reversing unfair wealth transfers that have disproportionately benefited corporations and the elite.
- Debt Relief and Reformation:
- Forgive unjust personal and student debt accumulated as a result of predatory financial practices.
- Offer a national debt restructuring plan for individuals burdened by credit card debt, medical debt, and student loans.
- Regulate interest rates and introduce anti-predatory lending laws to stop the exploitation of vulnerable populations.
- Wealth Redistribution:
- Create tax reforms that target the ultra-wealthy and corporations, including progressive taxes on large inheritances and profits made from financial speculation.
- Reform the capital gains tax to ensure that those who profit from investments and stock market manipulation pay fair taxes, closing loopholes that have allowed the rich to avoid taxes.
- Universal Basic Income (UBI):
- Establish a guaranteed UBI program as a long-term mechanism for wealth redistribution, ensuring that every citizen receives a basic amount of financial support, especially in times of economic crisis or automation.
- Debt Relief and Reformation:
4. Health Wealth Protection and Restoration
- Objective: Ensure that American citizens are not deprived of their health wealth, addressing corporate manipulation and inequities in healthcare access and outcomes.
- Reform Healthcare:
- Medicare for All or equivalent systems to ensure that every citizen has access to healthcare that is free at the point of service, without financial burden from pharmaceutical companies or health insurance monopolies.
- Regulate pharmaceutical prices, including critical treatments like insulin, cancer drugs, and mental health medications, ensuring that health wealth is not manipulated for corporate profit.
- Mental Health and Wellness:
- Offer national mental health services funded by taxes on industries that profit from stress-inducing practices (e.g., media, tech, gaming) and ensure they are available without cost to the individual.
- Introduce holistic wellness programs that include nutrition, exercise, mental wellness, and access to alternative medicine such as acupuncture, therapy, and herbal remedies, at no cost to citizens.
- Reform Healthcare:
5. Future Wealth: Education and Opportunity
- Objective: Rebuild the future wealth of citizens, focusing on closing the wealth gap and providing equitable opportunities for education and economic mobility.
- Public Education System Overhaul:
- Free public education at all levels, from Pre-K through higher education, ensuring that all citizens, regardless of background, have equal access to quality education without relying on student loans or corporate-driven educational models.
- Expand vocational training programs, apprenticeships, and skilled labor education, ensuring that every citizen has access to education that leads to high-paying, stable jobs.
- Student Debt Forgiveness:
- Eliminate or reduce student loan debt, especially for individuals who were misled or burdened by for-profit educational institutions.
- Reform college admissions to ensure that those from low-income backgrounds can attend higher education institutions without the burden of massive debt.
- Public Education System Overhaul:
6. Public and Social Wealth Management
- Objective: Protect and restore the public wealth—including resources that should benefit society as a whole, such as land, infrastructure, and natural resources.
- Corporate Land Acquisition Limits:
- Enforce strict limits on land purchases by foreign entities or large corporations, especially in residential or agricultural sectors, to prevent the corporate takeover of public resources.
- Implement tax penalties for land held without development or use, incentivizing landowners to either sell or use land productively for community benefit.
- Environmental Justice:
- Protect public lands and national resources from corporate exploitation by establishing a citizen-led environmental oversight commission that tracks and reports corporate practices related to land use, water, and air quality.
- Implement stricter environmental regulations on corporations to prevent the exploitation of natural resources at the expense of public welfare.
- Corporate Land Acquisition Limits:
7. Corporate Responsibility and Ethical Business Practices
- Objective: Ensure that corporations are held accountable for their role in wealth transfer, and that they adhere to ethical practices that benefit society.
- Corporate Taxation:
- Close tax loopholes and end subsidies that disproportionately benefit large corporations.
- Enforce tax penalties on corporations that manipulate markets, engage in monopolistic practices, or harm consumers through harmful product pricing or exploitation.
- Corporate Accountability:
- Institute strict corporate governance regulations that require transparency in pricing, labor practices, and community impact.
- Establish a national corporate accountability database where companies must report their earnings, tax payments, labor practices, and environmental impact, which is accessible to the public.
- Corporate Taxation:
8. Protecting Citizens from Corporate and Government Manipulation
- Objective: Eliminate manipulative and deceitful practices that harm the public, including misinformation, deceptive marketing, and exploitation of vulnerable citizens.
- Anti-Manipulation Regulations:
- Implement strict regulations on advertising and marketing, particularly for pharmaceuticals, financial products, and fast food, to prevent manipulation of vulnerable populations.
- Enforce ethical advertising standards that prevent corporate interests from influencing consumer choices through deceit.
- Government Transparency:
- Mandate government transparency in the development and implementation of policies, particularly those involving corporations or wealth transfer programs, ensuring that all dealings with private entities are publicly available for scrutiny.
- Anti-Manipulation Regulations:
9. Closing Loopholes and Eliminating Corporate Personhood
- Objective: Ensure that corporations no longer pose as individuals to claim wealth or political power, and that the wealth of citizens is no longer siphoned off by corporate interests.
- Repeal Corporate Personhood:
- Work toward the repeal of the Citizens United ruling and other legal frameworks that allow corporations to act as individuals in political and financial matters.
- Close loopholes that allow corporations to funnel political donations and lobby against public welfare interests.
- Repeal Corporate Personhood:
10. Ongoing Citizen Engagement and Oversight
- Objective: Establish continuous oversight and ensure that the policy remains effective in combating wealth transfers that harm citizens.
- Citizen Oversight Panels:
- Establish local and national oversight panels comprised of citizen representatives who can regularly review and challenge the implementation of this policy.
- Ensure that there are clear channels for citizens to report unfair wealth transfers, corporate abuses, and any unethical practices.
- Citizen Oversight Panels:
Conclusion
The National Transfer of Wealth Policy (NTWP) is designed to restore fairness, equity, and transparency in how wealth is transferred and distributed within the United States. By targeting manipulative corporate practices, creating robust financial and health protections for citizens, and ensuring future generations have access to fair educational and economic opportunities, this policy can help to create a more just and equitable society. The policy aims to dismantle exploitative systems and ensure that wealth is used to uplift, not undermine, the prosperity of American citizens.
wow, excellent detail. i agree with most as written. some not so much. think this is a good starting point. such a huge change policy. what do you think of limiting to food, shelter and water to begin?
well it won’t be necessary because a change to the school k-12 public school system to teach important skills such as farming, gardening and skilled trades. it is just a talking point it definitely need colorabation in our states to implement please copy to add your thought to anything in this. I will just let the comment pile
I think it is imperative that we do more research. Because IRF should not even exist in the first place because it’s all a complete fraud. There are no laws saying that we have to pay taxes, and the reason that there’s no laws. It’s because our constitution forbids it another thing people need to understand is that when you pay a mortgage. You are double paying. Because the home was already fully paid for out of your social security and birth. Certificate accounts that the government are not telling you about through the CQV trust. So why should you have to double pay for your home?
People need to research why the banks are and are not allowed to do when it comes to mortgages or loans on a house. And why if they ask for down payment? The house has already been paid off and any money you’re giving them is just extra money so they’re getting paid twiced, which is also fraud, so we need to take all of these things into consideration. Should there be a certain amount of money that goes to a budget to help? For certain education and certain things. Yes, but again, not at the expense of the people possibly losing their home or their car, or there’s the ability the necessities of life that are necessary in order to live a functional life that is happy, healthy ect. Also, why would I pay taxes for public school? If I’m homeschooler, and I don’t believe in the public school system, because it’s a travesty to your children, I homeschool, and I am paying to take care of my children myself, not the government, so why would I pay the government anythingWhen i’m not relying on them to take care of me or my children. So yes, there is a lot of topics and issues on this that we need to explore further, and we need to figure out where everything is fraud, not to mention the fact that the laws in themselves, anything legalese is already automatically fraud, because it’s a legal fiction.
We definitely need to work on creating reform on all taxable systems, commodities and more, because we already know that most of the system is fraud, IRS s, fraud mortgages are fraud loans and payments on anything. Major it’s fraud because it’s already been paid for out of your federal reserve account.The government refuses to tell people about under the CQV act. Which they keep saying, don’t exist, but I know that it does because I’ve seeing all of my accounts, and how much is in each of those accounts? And and over 12 of those accounts WA $75 billion, and I’m thinking, where is my 1%, I mean, all I need is 1% baby and I, I’m good to go, baby. 1% of each account. I mean, I could probably even live on 1% of one account, but man, you gonna go and create a 596 accounts under my Birth Certificate and my social security number, the least you could do is give me 1% of each of those accounts. Especially the ones that are going fo $75 billion apiece. But the government don’t want you to know this and I hope I don’t wanna get murdered. Just know if anything happens to me i did not commit suicide, okay, babe!
Hey thats what there going to have to do to stop me transparency and citizens engagement to research the aspect of various impact upon citizens. thank you for your response id love to read more
Way simpler to abolish property taxes, as the wealth taxes that they are and replace them with an increase to the income tax.