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Old 10-12-2016, 06:37 AM
 
Location: Barrington
63,919 posts, read 46,707,495 times
Reputation: 20674

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Well, let's take a closer look.
Property taxes tell only a part of the story. Municipalities may or may not impose a sales and/ or income tax.

Bridgeport has one of the highest mill rates and does not impose a sales or income tax. Each resident pays $1,891/ yr.

Birmingham has one of the lowest mill rates and imposes both a sales and income tax. Each resident pays $2429/ yr.

Forbes Welcome

Honolulu has the lowest mill rate in the US and derives substantial revenue from tourism.

Most people, given a choice, would rather vacation in Honolulu than either Bridgeport or Birmingham.

All three cities voted for Obama in 2012.
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Old 10-12-2016, 06:47 AM
 
Location: the very edge of the continent
88,971 posts, read 44,780,079 times
Reputation: 13681
Quote:
Originally Posted by Dockside View Post
Raising property taxes every year to fund local government is a recipe for impoverishing the middle class, but liberals just keep pounding away on CT residents. But they keep voting Democrats in...so tough on them.
Exactly.

You should hear all the whining middle class Dem voters are doing about the Obamacare they can neither afford (premiums) nor afford to use (deductibles). And yet, they VOTED for that and will stupidly continue to vote Dem. Gruber and the other elite Dems count on their stupidity to keep Dems in political power, in fact. /SMH
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Old 10-12-2016, 10:30 AM
 
4,279 posts, read 1,902,827 times
Reputation: 1266
Quote:
Originally Posted by PCALMike View Post
Property taxes should be considered "anti-American".

Better to replace it with a 10% national sales tax and 5% state sales tax.
It is anti-American. Every concept of it is that of a progressive (aka Communist) scheme to hold hostage people.

There is no liberty in the US. You live and die at the command of your government. We do not own anything, the government owns us and our own labor is to which they collect their fees.

Honestly, the US is a joke, our founders wouldn't even recognize it.
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Old 10-12-2016, 11:51 AM
 
Location: Home, Home on the Front Range
25,826 posts, read 20,692,117 times
Reputation: 14818
Quote:
Originally Posted by middle-aged mom View Post
Well, let's take a closer look.
Property taxes tell only a part of the story. Municipalities may or may not impose a sales and/ or income tax.

Bridgeport has one of the highest mill rates and does not impose a sales or income tax. Each resident pays $1,891/ yr.

Birmingham has one of the lowest mill rates and imposes both a sales and income tax. Each resident pays $2429/ yr.

Forbes Welcome

Honolulu has the lowest mill rate in the US and derives substantial revenue from tourism.

Most people, given a choice, would rather vacation in Honolulu than either Bridgeport or Birmingham.

All three cities voted for Obama in 2012.
Thanks for this.

Bottom line is that people who live in municipalities want certain services and those services have to be paid for some way, some how.

New Jersey is the absolute worst but, they don't want to hear about merging some of those teeny-tiny boroughs and towns into larger centers that could better spread the costs.
Each locality has to have their own school system, police, fire, library and so forth and they have to be supported some how.
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Old 10-12-2016, 12:03 PM
 
Location: Houston
26,979 posts, read 15,879,874 times
Reputation: 11259
High property taxes here in Texas. Of course no state income tax.
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Old 10-12-2016, 12:13 PM
 
Location: New Jersey
16,911 posts, read 10,582,210 times
Reputation: 16439
Quote:
Originally Posted by TigerLily24 View Post
Thanks for this.

Bottom line is that people who live in municipalities want certain services and those services have to be paid for some way, some how.

New Jersey is the absolute worst but, they don't want to hear about merging some of those teeny-tiny boroughs and towns into larger centers that could better spread the costs.
Each locality has to have their own school system, police, fire, library and so forth and they have to be supported some how.
You're drinking the koolaid friend. All municipal consolidation would do is have middle class towns subsidize poorer towns and the state would then justify cutting the school money from the income tax and put more of it down the bottomless hole in Trenton. Everyone would end up paying more for less.
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Old 10-12-2016, 01:01 PM
 
4,279 posts, read 1,902,827 times
Reputation: 1266
Quote:
Originally Posted by whogo View Post
High property taxes here in Texas. Of course no state income tax.
Texas property tax percentages have always been fairly high, but this was logical because it was offset by the fact that property values were extremely low. Now property values in many areas of the cities are in a massive bubble and property taxes have turned criminal where they are pricing people out of their own properties they used to afford. You have older couples who are retired and on fixed incomes no longer being able to afford to live in a home they paid off because a concept that absolutely states that the people are slaves to the state, not property owners.
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Old 10-12-2016, 01:11 PM
 
Location: the very edge of the continent
88,971 posts, read 44,780,079 times
Reputation: 13681
Property taxes...

I have homes in 2 states. Both have approximately the same "fair market" tax assessment value.

The annual property tax in IL: $19,000

The annual property tax in NC: $6,000

Why does IL need more than 3 times as much as NC for the same government services?
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Old 10-12-2016, 01:34 PM
 
23,968 posts, read 15,063,270 times
Reputation: 12937
Quote:
Originally Posted by NxtGen View Post
Texas property tax percentages have always been fairly high, but this was logical because it was offset by the fact that property values were extremely low. Now property values in many areas of the cities are in a massive bubble and property taxes have turned criminal where they are pricing people out of their own properties they used to afford. You have older couples who are retired and on fixed incomes no longer being able to afford to live in a home they paid off because a concept that absolutely states that the people are slaves to the state, not property owners.
As a retired homeowner who lives modestly, depends on the house and where it is. Most school districts freeze your value when you are 65. That is by far the biggest part of property taxes. The city of Houston and Harris country give a generous over 65 exemptions. What will get you are MUDs and sales tax. Last year we paid 3000 plus in sales taxes. The taxes froze when the house value was 269 so the property taxes ran about 6000 a year.

Put the house i owned in suburban Houston for 20 years in the Heights or anywhere in SW Houston and I'd have to sell it. Those prices doubled in about 8 years. But, it would depend on when one's value was frozen.

Now, move my 400K house to rural Texas. Our friend lives in Burton. Same size house, same market value. He has 8 acres that he lets his neighbor run some cattle on. His property taxes are negligible.
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Old 10-12-2016, 01:41 PM
 
Location: Trieste
957 posts, read 1,132,549 times
Reputation: 793
I think this has to do especially with urban planning, in small States you can't have as a model the single family house or you'll running out of space soon...

if I was a politician I'd modify the property tax into an Soil Occupation Tax, that is to say that if you live in a two story house you pay the half, because you occupy half the land...
and if you live in a 3 story one you'd pay one third...
etc
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