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Old 06-10-2016, 04:33 AM
 
12,016 posts, read 12,750,660 times
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Here are the 10 lowest property tax states
The 10 Best States for Property Taxes | The Fiscal Times
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Old 06-10-2016, 06:08 AM
 
9,875 posts, read 7,202,378 times
Reputation: 11465
Quote:
Originally Posted by Okey Dokie View Post
I'm surprised no one has brought up paying taxes for schools when you don't have any kids attending those schools.
OTOH, why do I pay taxes to pay for a senior center and veteran's services when I don't use them?

Paying taxes for those services is the cost of living in a society. Those schools, senior centers, veteran's departments, et al are all part of what makes your property have value. In my town, people pay high home prices because of the good schools and services provided.
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Old 06-10-2016, 06:49 AM
 
5,048 posts, read 9,616,978 times
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Let me add these two interesting places for tax info:

Tax Foundation which has really grown over the years and has several good articles to click on. And


State Individual Income Tax Rates and Brackets for 2016 | Tax Foundation
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Old 06-10-2016, 08:14 AM
 
Location: On the Chesapeake
45,344 posts, read 60,522,810 times
Reputation: 60925
Quote:
Originally Posted by cully View Post
Let me add these two interesting places for tax info:

Tax Foundation which has really grown over the years and has several good articles to click on. And


State Individual Income Tax Rates and Brackets for 2016 | Tax Foundation

I can tell you right now that Maryland's is wrong. While the number is "correct" as far as it goes they're ignoring the County Income Tax (which the State collects and then disburses) which is on average 1/2 the State rate (each County has a different rate).
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Old 06-10-2016, 08:46 AM
 
28,666 posts, read 18,771,597 times
Reputation: 30944
Quote:
Originally Posted by PCALMike View Post
Property taxes are anti-American. Sales tax/VAT or higher income tax should replace it. People have to pay taxes to the government on a property they have fully paid, for eternity. Its like renting from the government. It also doesnt take into account ability to pay like sales and income taxes as it changes with property valuation. Property taxes are awful.

It's the other way around. Property taxes are totally American--the original tax base in America. Second after property taxes were vice taxes, then sales taxes. Income tax is a late comer, not even a hundred years old, and required a constitutional amendment. Property tax concept is built into the constitution.
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Old 06-10-2016, 08:52 AM
 
28,666 posts, read 18,771,597 times
Reputation: 30944
Quote:
Originally Posted by Okey Dokie View Post
I'm surprised no one has brought up paying taxes for schools when you don't have any kids attending those schools.
That's because most people realize that educating the next generation is an overall social good that benefits everyone.
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Old 06-10-2016, 09:03 AM
 
Location: North Idaho
32,636 posts, read 47,995,345 times
Reputation: 78389
Quote:
Originally Posted by Okey Dokie View Post
I'm surprised no one has brought up paying taxes for schools when you don't have any kids attending those schools.
You do get benefit from school taxes. The kids are corralled all day in school instead of aimlessly wandering around committing vandalism. Also, many business won't come to areas with an uneducated population, so good schools can bring jobs to the area.
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Old 06-10-2016, 09:06 AM
 
Location: OH>IL>CO>CT
7,514 posts, read 13,613,851 times
Reputation: 11908
Quote:
Originally Posted by cully View Post
Let me add these two interesting places for tax info:

Tax Foundation which has really grown over the years and has several good articles to click on. And


State Individual Income Tax Rates and Brackets for 2016 | Tax Foundation
Quote:
Originally Posted by North Beach Person View Post
I can tell you right now that Maryland's is wrong. While the number is "correct" as far as it goes they're ignoring the County Income Tax (which the State collects and then disburses) which is on average 1/2 the State rate (each County has a different rate).
Ohio is similar with many local city income taxes:
http://www.tax.ohio.gov/municipaliti...tax_forms.aspx

The webpage in Cully's post does have a note in the fine print that "Local taxes are not included".

Here is a webpage that is more inclusive of all taxes state by state:
https://www.retirementliving.com/taxes-by-state
(which probably has its own margin of error)
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Old 06-10-2016, 09:29 AM
 
Location: Myrtle Creek, Oregon
15,293 posts, read 17,674,951 times
Reputation: 25236
Quote:
Originally Posted by thealfa View Post
I must have misread an article, maybe it was about income tax, certain states do not have them.
Property taxes are tricky. Many states do not assess or levy a state property tax. That's how local jurisdictions fund fire departments, schools, local government, etc. get their money, but the state has no part of it. That's how Oregon works. There is no state property tax, but every local jurisdiction in the state has one. People in Portland pay 3x the property tax rate that I do in rural Southern Oregon. Couple that with the fact that urban property is more expensive than remote rural property, and their property tax bills get pretty large. I only pay $1500/year for a 1700 sf. completely remodeled ranch style on 90 acres of trees and meadow with a creek in the back yard, deck and patio, gazebo overlooking the creek, barn, and a paved county road all the way to my house. Property taxes on comparable property in the Portland area would be over $20,000/year.

I pay property taxes to the county, school district, fire department, and forest protective association. There will be a measure on the ballot to form a county library taxing district in November, and I support that. The state collects an income tax, but there is no sales tax in Oregon.
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Old 06-10-2016, 12:25 PM
 
28,115 posts, read 63,651,739 times
Reputation: 23263
Quote:
Originally Posted by PCALMike View Post
Property taxes are anti-American. Sales tax/VAT or higher income tax should replace it. People have to pay taxes to the government on a property they have fully paid, for eternity. Its like renting from the government. It also doesnt take into account ability to pay like sales and income taxes as it changes with property valuation. Property taxes are awful.
Property Tax is invidious because it is the tax that never quits.

A sales tax is one time and you can budget for it.

Income tax requires income.

Getting a tax bill for 80% more than the year before is robbery... it happened to me in Washington State.

The Assessor said I should be pleased my property nearly doubled in less than two years... I said pay me the new assessed value and it is yours!
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