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I don't think it would say that. I think the prices of houses would come down and that would somewhat counter the cost of the tax and the tax would be over the 30 year loan and that is only if you need a brand new housepre owned houses would have no tax. It would slow down new construction but with that housing bubble we have way too many pre built houses empty so in the short run it would help fill them at a reasonable cost. And though new construction would slow down it doesn't mean all construction would slow down, the need for remodeling houses would rise.I am just putting ideas out there, I am not saying they are all perfect or even viable. None of our ideas are going to manifest into anything anyway but it's a fun conversation. I would love a world where housing and new cars were not taxed but we have to create revenue some how right? and who better to soak than the rich... who would be buying the bulk of new houses and cars. at least this way they are paying the tax by choice. We would all be paying taxes by choice based on what things we think we got to have.
I don't think it would say that. I think the prices of houses would come down and that would somewhat counter the cost of the tax and the tax would be over the 30 year loan and that is only if you need a brand new house
pre owned houses would have no tax.
It would slow down new construction but with that housing bubble we have way too many pre built houses empty so in the short run it would help fill them at a reasonable cost. And though new construction would slow down it doesn't mean all construction would slow down, the need for remodeling houses would rise.
I am just putting ideas out there, I am not saying they are all perfect or even viable. None of our ideas are going to manifest into anything anyway but it's a fun conversation.
I would love a world where housing and new cars were not taxed but we have to create revenue some how right? and who better to soak than the rich... who would be buying the bulk of new houses and cars. at least this way they are paying the tax by choice. We would all be paying taxes by choice based on what things we think we got to have.
