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THE SYSTEMIC PROPERTY-TAX FRAUD RACKET OPERATING ACROSS THE UNITED STATES AND CANADA.
- NH Muckraker
- 1 day ago
- 3 min read
Mitch Vexler, President of Mockingbird Properties, lays out a damning indictment of what he calls a systemic property-tax fraud racket operating across the United States and Canada. According to Vexler, central appraisal districts and school districts are deliberately inflating property values, ignoring legally required uniform appraisal standards in order to extract billions from homeowners.
At the core of the scheme is the use of so-called “market value” as assessed value—something Vexler argues flatly violates the 16th Amendment by taxing unrealized gains. This isn’t sloppy governance; he characterizes it as intentional financial manipulation designed to overtax property owners and funnel the proceeds into school-district bond debt that is never retired and only grows larger.
The scale is staggering. Vexler warns that over 42 million U.S. households—more than a third of the country—are one financial shock away from bankruptcy or foreclosure, with property taxes consuming the bulk of that margin. He estimates $21–23 trillion in property overvaluation in just the past five years, and roughly $450 billion stolen through fraudulent property taxes in 2024 alone.
This system, he says, doesn’t build equity—it strips it, quietly draining homeowners year after year and destroying the American dream of homeownership. Worse, Vexler warns
the overvaluation bubble poses a systemic financial risk, with the potential to trigger an algorithm-driven market collapse far more severe than 2008.
The debt tied to these bonds, he argues, is permanent, compounding, and effectively unpayable, yet the liability has been dumped squarely onto homeowners who never approved it. School districts incurred the debt—but families are forced to carry it forever.
Vexler’s message is blunt: this will not stop on its own. He calls on homeowners to organize, confront city councils, school boards, and appraisal district boards, and use the legal and documentary resources he provides to expose and dismantle what he describes as one of the largest financial frauds in modern history.
KEY TAKEAWAYS FROM THE DECEMBER 15, 2025, VIDEO
The 16th amendment of the U.S. Constitution prohibits taxation on unrealized gains. https://irp.cdn-website.com/39439f83/files/uploaded/Amicus+Brief-Case+25-0615+Supreme+Court+of+Texas-UN-SIGNED.pdf
Appraisal districts are "owned" by the school districts, creating fraudulent over valuation and over taxation to pay off their debts. This creates compound, cumulative fraud.
There is no longer any benefit to owning a home over renting one. Homeowners are being equity-stripped - equity from the mom & pops into the pockets of the fraudsters (the banks and the lenders) - FOLLOW THE MONEY.
They will try and hide behind ultra vires and sovereign immunity, but either the letter of the law exists or is does not. In fact, ultra vires would not exist it unless it were to prevent fraudulent acts by government officials.
These overvaluations are violations of USPAP and state proportionality laws ensuring uniform and fair [equal].
Municipalities are using software and people who cannot add. The "this is what we were taught" mentality is a clear violation to oaths of office and ethical standards.
The practices are intent on committing fraud, it is nationwide. Appraisal districts are "backing into" the valuations to cover their budgets.
The fraudsters will NOT listen; the courts of law MUST tell them.
Highly INFLATED property taxes LEAD TO UNAFFORDABILITY, New Hampshire state statute RSA 75:1 unlawfully expands real estate tax.
The World Economic Forum (WEF) "You will own nothing and be happy." WEF should be in jail for messing with human nature. WEF is delusional and will continue to EQUITY STRIP homeowners.
We are talking 1776 TAXATION WITHOUT REPRESENTATION.
There are solutions; the Securities and Exchange (SEC) have the subpoena power to get the documents regarding off-balance sheet financing and energy contracts estimated to be $5.1 trillion.
Ever since its inception in 1913, the Federal Reserve Bank (FRB) has devalued (through inflation) purchasing power by 97%. A Bankrupt Population is a National Security Risk
Mitch warns there is no commodity backed with Bitcoin, there is too much volatility, and the US Dollar deserves to and can be saved. What do we know and what are we facing?
Mentioning of properties not having a land value attached.
The quality of life and its tax impact get put onto the backs of the mom & pops.
Most times the DEMAND for a project or upgrade IS NEVER THERE, (Let's build a new school for 300 students). An illusion of growth for the sake of putting money into their own pockets / coffers.
Subdivisions are their own scam.
Courts of law MUST ALLOW jurisdiction of the FRAUD.
If the courts fail to act, selectmen and councilmen can and will be sued individually with a list of criminal charges. Perhaps a class-action with several New Hampshire cities and towns.
Need to ask how much federal money is going to the local school districts.
MORE REGARDING NEW HAMPSHIRE HERE.
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