tag:blogger.com,1999:blog-6609536178570975752.post5997528820786198680..comments2024-01-12T00:32:20.149-08:00Comments on The Overhead Wire: Things Going OnPantograph Trolleypolehttp://www.blogger.com/profile/17833159138533550544noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6609536178570975752.post-5865926526161523052009-07-31T03:12:04.328-07:002009-07-31T03:12:04.328-07:00how I am supposed to afford real estate taxes on a...<i>how I am supposed to afford real estate taxes on a home which has risen from 25k which I was able to pay off to 500k in the current market.</i><br /><br />Well, you chose to speculate on real estate. If you'd instead speculated on the stock market, and made 20 times your initial investment, you'd still have had to pay capital gains tax.<br /><br />If you think this is unfair, then ask yourself whether it's fair for a person who buys a new $200k house next to you to pay several times the property taxes you're paying on your $500k house.Alon Levyhttps://www.blogger.com/profile/12195377309045184452noreply@blogger.comtag:blogger.com,1999:blog-6609536178570975752.post-54796803827558536652009-07-30T14:17:59.301-07:002009-07-30T14:17:59.301-07:00I don't think many people can afford that. Bu...I don't think many people can afford that. But there will be a way to phase it back in in which people who have been somewhere for a long time will be ok.Pantograph Trolleypolehttps://www.blogger.com/profile/17833159138533550544noreply@blogger.comtag:blogger.com,1999:blog-6609536178570975752.post-21037487190765110312009-07-30T08:42:04.686-07:002009-07-30T08:42:04.686-07:00you may trash 13 as soon as you explain how I am s...you may trash 13 as soon as you explain how I am supposed to afford real estate taxes on a home which has risen from 25k which I was able to pay off to 500k in the current market. hint, my earning power has not risen by a factor of 20Anonymousnoreply@blogger.com