this post was submitted on 23 Oct 2023
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Interesting Global News

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[–] sixCats@lemmy.dbzer0.com 6 points 1 year ago (2 children)

I think that’s crazy

I also think that’s crazy. In the UK we pay stamp duty, a one time tax when you buy property. It’s much more if it isn’t your primary residence

[–] JoBo@feddit.uk 4 points 1 year ago (1 children)

You pay council tax. It is a different way of collecting the same tax.

[–] sixCats@lemmy.dbzer0.com 1 points 1 year ago (1 children)

Council tax doesn’t pay for any of the things that property taxes do. The USA also has separate taxes for bin collection etc

[–] JoBo@feddit.uk 3 points 1 year ago (1 children)

You're paying for local services and the amount you pay is based on the value of your home. HTH

[–] sixCats@lemmy.dbzer0.com 1 points 1 year ago

Yea but notably property taxes pay for schools in the USA, council tax pays for roads, lights, bins etc

In the UK you don’t get to go to a better school just because your house costs more money

[–] ryannathans@aussie.zone 2 points 1 year ago

It's typically about 5% here