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In New York, for example, the property taxes for super rich are at less than 10% of the property taxes a middle-class person would pay for their house.

This is where the money comes from. It’s not just New York, but everywhere. And not just property taxes.

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Yes, the money comes from taxes, and no one wants to pay them. There's a limit to how many percent of someone's income you can take away before he stops working.

There's also a limit to how much people are willing to pay in property taxes before they move the fuck out (or stay away to begin with).

In a nutshell, there are limits to what governments can do with their economies.

In the place where I am, about 44% of the income is taken in form of taxes (Northern Germany, assuming an income of 50k€ a year, assuming non-married, assuming no children)

And most people are actually happy, because they still get free college, free child daycare, etc.

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