PropertyValue
?:author
?:datePublished
  • 2020-10-27 (xsd:date)
?:headline
  • Is Biden Proposing a 3% Federal Property Tax? (en)
?:inLanguage
?:itemReviewed
?:mentions
?:reviewBody
  • During the 2020 U.S. presidential campaign, social media postings repeatedly warned readers that Democratic candidate Joe Biden was planning to slap a 3% federal tax on the value of homes, above and beyond any property taxes homeowners were already paying: However, this warning about a Biden-backed federal property tax was specious. Property taxes in the U.S. are set and collected at the state, county, and city levels, and the announced Biden Tax Plan includes nothing that could be remotely construed as imposing an additional federal property tax on privately-owned homes. The Tax Foundation, an independent tax policy nonprofit, summarizes the Biden tax plan as including the following primary elements applicable to individuals (rather than businesses): Similar analysis of Biden's tax plan by other entities include no mention of a federal property tax. (en)
?:reviewRating
rdf:type
?:url