it's a tax on buying property, it is not a property tax. property tax is when you have to pay tax on the value of property you already own every year. for example if you lived in california and your house is worth $300,000, you have to pay the government $2,310 every year in property tax. but of course your house will be worth more next year, so you'll owe more. i hope you got a raise! oh, you didn't? bad luck, now pay up.
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