There is a SENIOR exclusion available which allows seniors to defer taxes until both spouses die
Link?
My only concern is that someone gets the wrong impression, buys a house thinking if everything goes to hell they'll still have a place to live, and don't pay any attention to things like usurious tax policies, which can kill you.
In a republic, such as the US, people elect representatives who vote for their region
You missed the point -- your so-called "representatives" aren't doing their "representing" of you ... they represent, in this order: (1)themselves, (2)their lobbyist-contributors, and (3)the all-powerful central gov't
There is no fourth. If there were, it would be "constituents", but that's obsolete since the advent of expensive media buys, and no politician outside of highly talented and unusual ones like Paul Wellstone or Ventura, can run and win without being fatally beholden to corp funding.
It is not a situation that will fix itself, it will only get worse until there is a tax revolt, or some other method that bypasses the status quo. |
