Why is it that in some western jurisdictions there's a notion of property tax?
If a owner buys a property, why do they need to pay further and periodically for it, since it is namely theirs?
I can understand that it can be confiscated from the owner for debt purposes, but not for not paying taxes for it.
It seems from my point of view that these property taxes are just a guise of having these properties actually rented to their actual buyers by the state (or government), so this notion seems baseless in my little and insignificant unqualified opinion.