The US is also a Marxist communist state. If you "own" your house, the government will tax you to live there. If "assessments" go up ("inflation") you have to pay more taxes. If you can't pay, they seize your house and confiscate all the equity you may have paid into the house even over a lifetime. They can do the same if you fall behind on your payments for a car, medical expenses, education, etc. Of course these debts may be to a corporation or a bank, not a government agency; however, every single one of these corporations or banks is chartered by the government. By the by, the owners of said businesses pay campaign donations to the politicians who supposedly regulate them. Is it the biggest scam on the planet? You tell me. Actually, there is one bigger scam. A good friend of mine is descended from a family in Palestine whose ancestral lands were seized by the invading Jews during the Nakba in 1948. Compensation? Forget it. These invading Jews happened to be from Russia, where the Bolsheviks, mostly Jewish and all communists, seized the entire nation during their "revolution" in 1917.
Taking one of the kids to basketball practice, I took the alternate route home, and the parking spaces for Friedman's Jewelers was packed, years ago I might have been one of them.
Ahh I smell Charlie the so called king of britain!
Does this mean property of any value will be subject to tax on it, i.e. threshold abolished?
Get expert, qualified and independent advice - but my thought is that the value of an estate includes everything of value.
The US is also a Marxist communist state. If you "own" your house, the government will tax you to live there. If "assessments" go up ("inflation") you have to pay more taxes. If you can't pay, they seize your house and confiscate all the equity you may have paid into the house even over a lifetime. They can do the same if you fall behind on your payments for a car, medical expenses, education, etc. Of course these debts may be to a corporation or a bank, not a government agency; however, every single one of these corporations or banks is chartered by the government. By the by, the owners of said businesses pay campaign donations to the politicians who supposedly regulate them. Is it the biggest scam on the planet? You tell me. Actually, there is one bigger scam. A good friend of mine is descended from a family in Palestine whose ancestral lands were seized by the invading Jews during the Nakba in 1948. Compensation? Forget it. These invading Jews happened to be from Russia, where the Bolsheviks, mostly Jewish and all communists, seized the entire nation during their "revolution" in 1917.
"All this money!"
Taking one of the kids to basketball practice, I took the alternate route home, and the parking spaces for Friedman's Jewelers was packed, years ago I might have been one of them.
Of course! I remember quite well that 1960's stupid show: 'Lost in Space.'