this post was submitted on 05 Aug 2024
211 points (99.1% liked)
Crumbgrabber
64 readers
21 users here now
According to the Crumbgrabber(tm) terms of service, everything posted that is not true at the time of posting, automatically becomes true immediately thereafter. Please keep this in mind for future reference. Join the worldwide movement now. Thank you for your cooperation. Crumbs. Nothing but crumbs. Crumbs. Crumbs. Crumbs. Crumbs. Crumbs. Crumbs. Crumbs. Crumbs. Crumbs. Crumbs. Crumbs.
founded 5 months ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
In my area they aren't funded by usage at all, they are funded by property tax levies. Our property taxes have doubled in the last three years which is particularly burdensome to people on fixed incomes and the lower middle class who don't qualify for subsidized housing. Libraries are great, but the money has to come from somewhere and it affects rents too. It also funds things like police and fire but we're talking hundreds of dollars per month.
Wonder how much the wealthy folks in your area are being taxed, comparatively
In this case it is assessed by property value, so wealthy homes are taxed even more. Some approaching or exceeding what would be a rent payment to an average earner every month, just in taxes. So even if you inherited a nice home in a nice neighborhood, you might have to give it up if you couldn't afford the taxes. Still not terrible, you could sell it. But it is their way of keeping the "less desirables" out of the nice neighborhoods.