Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
It’s not just the tax sales which contribute to theft of equity it’s the high property taxes themselves that lead to loss of potential gains in equity. Theft of Equity by excessive taxation should be a crime. My home value in Rockford has gone nowhere from $185K in 2007 wait a moment to a whopping $211K in 2023. A whole $26K in 16 years or $1,625.00 per year. Yippee! In the meantime I pay on average over $7K in taxes or $112K total since 2007. In most other parts of the country with low taxes property value skyrocketed so selling… Read more »
A decision that has been long overdo.