#2M22 graduated last month and now has some great offers from high-quality employers, so we broke down his potential compensation plans and put together a budget. He will now pay more just in taxes than he lived on each year in college. Guess who is now asking whether taxation is theft?
I’ve explained before that property taxes are inherently immoral. This incident is an extreme example of the principle.
An 83-year-old retired engineer in Michigan underpaid his property taxes by $8.41. In response, Oakland County seized his property, auctioned it off to settle the debt, and pocketed nearly $24,500 in excess revenue from the sale.
Under Michigan law, it was all legal. And hardly uncommon.
Read the rest of this disgusting display of state power here.