Quote:
Originally Posted by OMG!WTF!
It actually sucks for a lot of people who can't afford to live in the house they've lived in for the majority of their lives. On one hand it's a good problem to have but on the other it is a bit of an unfair or maybe unfortunate situation.
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Did you read the article? These people are sitting on a $4M asset with no money owing on it and are complaining they can't afford a $2K tax increase. Never mind the fact that as seniors, they are eligible to defer 100% of their tax bill (including the new one for $3M+ houses) until they sell their house. They don't have to front a dime and yet they're still complaining about a tax increase because their kids might get $3.95M when they die rather than $4M.