But in most places you don't pay property on stock, bonds, and my other types of property.Which is not property taxes. Were you to own a piece of commercial real estate instead of a piece of commercial IP you would pay the income on top of your property taxes which you pay whether your property is generating money or not. You even pay them if it's losing money. Once again, physical property and IP are treated very differently, with IP having many advantages, but arguments are made as if they were treated the same.I pay taxes on my royalties and advances.
Often a house full of junk is all that anybody has to leave their heirs. What's your point?And, if and when I kick the bucket, I damn well expect my loved ones to keep getting my royalties.
Often, intellectual property is all that an author or artist has to leave their heirs.
Exactly. Trying to narrow the discussion to real estate is a red herring.