Idahoans for Liberty


Help support ID4L

Tag: taxation


US Property Taxes Hit Record $541 Billion in 2016

⇩ Help us spread Liberty by sharing! ⇩
Pin It

Are we living under capitalism or feudalism? It’s rather difficult to say when more than half a trillion dollars is extracted from the American people annually through property taxes just to keep what’s theirs.

CNS News reports the following disturbing information.

Americans paid a record $540,701,000,000 in property taxes to state and local governments in fiscal 2016, according to the U.S. Census Bureau.

That was up $16,748,620,000—or about 3.2 percent—from $523,952,380,000 in property taxes (in constant 2016 dollars) that state and local governments collected in fiscal 2015.



READ THE FULL ARTICLE

More than half of Prince’s $100 – $300 million estate will go to taxes

⇩ Help us spread Liberty by sharing! ⇩
Pin It

This article was written by Claudia Rosenbaum and was originally posted here.


Without a will or any financial planning, experts say more than half of Prince’s vast estate will go to state and federal taxes.

Before Prince’s death, his estate — which includes property, music royalties, and other ventures — was widely estimated to be at least $100 million. But according to Forbes, the value could wind up as high as $300 million.

READ THE FULL ARTICLE

Copyright © 2017 Idahoans for Liberty

Up ↑