Property taxes should not be levied against freely owned residential properties used as the owners primary domicile or permanent home of record. Once cleared of all obligated debt residential real estate should be freely owned by the consumer having paid a minimum of no less than ten years mortgage payments and applicable taxes prior to the absolution of the debt with exception to bankruptcy or foreclosure due to financial negligence. These properties should be exempt from all further taxation until vacated by the primary owner for sale or income generating purposes.
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