Originally Posted by
10G
This is in Vic.
So my 87 yo mother in law got a land tax bill.
Got me to thinking, so I looked into it.
Read the fine print & from what I can understand we may have to pay this blardy cluckin new dictator dan tax.
We've spent the past 20+ years putting together a nice house and land to retire to.
It's not a ton of land, it's not a fancy house and we don't draw any income from either the house or land.
If what I understand is correct, we could be up for a 5 figure land tax bill each cluckin year.
How the clark are people supposed to pay that cluckin type of a bill, EACH YEAR.
Anyone else looked into this?
If this is the case, we'll see thousands, tens of thousands of people having to sell because they can no longer afford to live in their homes.