Is Property Tax Illegal ?
Posted by freedomforall 4 days, 3 hours ago to Economics
Excerpt:
"Issue #1
One can argue the 16th Amendment going back to 1913 and we are prepared to do so. The quantified evidence that we have assembled over several years of lawsuits points to exactly why the law as originally written prohibits taxation on unrealized gains. “Market value” as created by the States from which an Assessed Taxable Value is denoted, is in fact an unrealized gain.
Although perhaps well intentioned in its debut, property tax has been made illegal because there are no longer any enforced laws protecting the rights of the real estate taxpaying Citizens."
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the article describes 4 issues that make the property tax, as implemented in the states and by school boards, illegal.
"Issue #1
One can argue the 16th Amendment going back to 1913 and we are prepared to do so. The quantified evidence that we have assembled over several years of lawsuits points to exactly why the law as originally written prohibits taxation on unrealized gains. “Market value” as created by the States from which an Assessed Taxable Value is denoted, is in fact an unrealized gain.
Although perhaps well intentioned in its debut, property tax has been made illegal because there are no longer any enforced laws protecting the rights of the real estate taxpaying Citizens."
------------------------------------
the article describes 4 issues that make the property tax, as implemented in the states and by school boards, illegal.
.
The whole thing gives me one big headache