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"Baltimore City has one of the highest median property taxes in the United States, and is ranked 543rd of the 3143 counties in order of median property taxes.
The average yearly property tax paid by Baltimore City residents amounts to about 3.22% of their yearly income . Baltimore City is ranked 490th of the 3143 counties for property taxes as a percentage of median income."
Maryland, $47 billion debt. $350 million surplus - they'll be still in debt in 100 years. 13% of population on food stamps despite Baltimore MSA being one of the richest in the country. That's ****ed up.
Interestingly for some, the new governor is Republican. Cuts in the future. No worries.
hahahahaha, yeah, because credit ratings are indicative of anything other than manipulation.
"However, the county’s median annual property tax payment is highest in the state, at $3,824. In Seattle, the total 2015 rate was $9.27 per $1,000 in assessed value, a 10% increase from 2014." Essentially the property tax in Seattle is roughly 1.94% and rising while Baltimore City's is roughly 2.21% and falling. It's only a matter of years before the two jurisdictions are equal.
"Despite a reputation for not being particularly business friendly, Baltimore has among the least onerous tax burden for businesses among major U.S. cities, according to new research by KPMG.":
According to your own source the State of Washington is in far worse shape than the State of Maryland...so what point are you trying to make? Washington State's debt to GDP ratio is 17.45%...Maryland's is 12.85%. Maryland is the clear winner here.
Why would I trust some random user of city-data.com & not a slew of accredited third party credit rating agencies? The property tax of Seattle proper is essentially the same as Baltimore City...again...what point are you trying to make?
Last edited by CaseyB; 07-20-2016 at 05:22 PM..
Reason: rude
It's only a matter of years before the two jurisdictions are equal.
Wrong.
Also, WA has no income tax. So their property taxes are going to be higher in that context. Just like NH or other states of that ilk. Seattle is an investment for private citizens and businesses alike (unlike Baltimore, which is more of an investment for debt-fueled gov't spending). There are not many places where property is appreciating like it does in Seattle. The fact that a city with no income tax and a $15/hr minimum wage mils at 10, pretty sweet deal. Any investment in Baltimore property happened many years ago when the corporate welfare machine began and the insiders made out.
Baltimore income tax is 4.75% for pretty much everyone who makes income.
"Despite a reputation for not being particularly business friendly, Baltimore has among the least onerous tax burden for businesses among major U.S. cities, according to new research by KPMG.":
I don't know who KPMG is, but if Cincy and The Land are above it...
I enjoy the fact that every year, whoever this KPMG is gets investigated for some reason. So I'm glad your logical fallacies such as "appeal to authority" when the authority is a crook.
Also, you should appreciate I got your last post edited.
64,000 people left the city of Seattle over a 20 year period...pretty low considering the situation. Question is did those people leave the metro, did they relocate to the burbs, did in-migration account for the metro's growth? Regardless, we're measuring in decades, so it's hard to establish a true cause/effect.
My only point is that metro growth is more steady across the board given overall USA growth, which is pretty different from city population growth/loss. And I stand by the fact that even in desirable cities, jobs are the key factor...unless everyone's retired and don't need the money.
We actually gained households in that period...but households got dramatically smaller.
It has to do with geography and topography - not reluctance to fix it. The only big traffic problem is the 5. That's because Seattle has ocean to the west and big lake to the east.
It's reluctance too. Or refusal. Inside city limits and to some extent at the regional level, we've made a conscious decision not to expand road capacity in any significant way, and to instead focus on (a) transit and HOV lanes and (b) density/proximity so people can walk or use transit instead of driving. This began around 1970 with the citizens turning back freeway plans and continued in the late 80s as we focused growth into dozens of mixed-use urban village districts around town.
That said, any freeway expansion is astonishingly expensive around here.
Also, WA has no income tax. So their property taxes are going to be higher in that context. Just like NH or other states of that ilk. Seattle is an investment for private citizens and businesses alike (unlike Baltimore, which is more of an investment for debt-fueled gov't spending). There are not many places where property is appreciating like it does in Seattle. The fact that a city with no income tax and a $15/hr minimum wage mils at 10, pretty sweet deal. Any investment in Baltimore property happened many years ago when the corporate welfare machine began and the insiders made out.
Baltimore income tax is 4.75% for pretty much everyone who makes income.
"Despite a reputation for not being particularly business friendly, Baltimore has among the least onerous tax burden for businesses among major U.S. cities, according to new research by KPMG.":
I don't know who KPMG is, but if Cincy and The Land are above it...
I enjoy the fact that every year, whoever this KPMG is gets investigated for some reason. So I'm glad your logical fallacies such as "appeal to authority" when the authority is a crook.
Also, you should appreciate I got your last post edited.
Amazing how you completely ignored the fact that the State of Washington has significantly higher debt than the State of Maryland. Then you go on to blast sources that counter your "doom & gloom" mentality. Speaks highly of your character.
Amazing how you completely ignored the fact that the State of Washington has significantly higher debt than the State of Maryland. Then you go on to blast sources that counter your "doom & gloom" mentality. Speaks highly of your character.
Haven't you heard? They're going to evacuate the city of Baltimore to save money.
Quality of life does that. You can see it even in New England - where poor, obese, old areas are still chugging along and drawing tourists and $$$'s. The ADKs get it in NY too - even though NYS is circling the drain.
The PNW has a quality of life and a proximity to Asia that a city like Baltimore never had, doesn't have, and never will have.
It's a reality that some places are just plain better. The PNW is one of the best places to live in the whole country and will continue to be. Portland and Seattle have their own issues respectively but still outperform.
.....lol okay
I'd rather be closer to London and Paris (and NYC) than Singapore and Beijing......
For easier vacations? London and Paris are phenomenal cities, but economically I'd rather be close to Asia. It's a big part of why Seattle is booming right now. (Especially for us general contractors!)
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