Property Taxes - My annual rant

[jamil]

Oh. And thanks INGO for reminding me.

 

[dudley0]

I have 23 rental units. No deductions on any of them. Every year we have at least 2 that the taxes jump more than the others. Every year we fight it and win.

If they would do away with property taxes like I hear some other states have it would make life a lot easier for me for sure.

 

[Lex Concord]

I have 23 rental units. No deductions on any of them. Every year we have at least 2 that the taxes jump more than the others. Every year we fight it and win.

If they would do away with property taxes like I hear some other states have it would make life a lot easier for me for sure.

I’ve searched on several occasions for any state without a property tax and haven’t yet found one.

They are a wealth tax.

They are neo-feudalist.

They are are the most immoral of all taxes in this country.

They should be repealed.

 

[rhino]

I have 23 rental units. No deductions on any of them. Every year we have at least 2 that the taxes jump more than the others. Every year we fight it and win.

If they would do away with property taxes like I hear some other states have it would make life a lot easier for me for sure.

Overall, not the worst problem to have!

 

[dudley0]

I’ve searched on several occasions for any state without a property tax and haven’t yet found one.

Because of your reply I looked as well and found that I have been misinformed. I would have bet money (and lost) that TN had no property taxes. I guess I should have considered the source.

I stand corrected on that part. Thanks for bringing it up. Now I don't feel as bad.... actually I do, but I learned something.

 

[dudley0]

Overall, not the worst problem to have!

25 was the highest at one time. Good and bad as with everything else.

But regarding property taxes... man it sucks. Nobody wants to hear about the money lost because I don't adjust rents when taxes or insurance goes up.

 

[DoggyDaddy]

You get a paycheck stub that details how much the good uncle takes from your paycheck too. Write the check. It hurts more.

That just sounds masochistic to me. I understand your point, but I'm under no illusion that it feels good whether in a lump sum or in installments.

 

[jamil]

That just sounds masochistic to me. I understand your point, but I'm under no illusion that it feels good whether in a lump sum or in installments.

Well, having to write the check might make more people angry enough that legislatures will do something about it. Feel-gooders might think a bit differently if they had to write a check for their share of every social program they want government to support. You want single payer healthcare? How about you have to write a check every month to cover your share of it? You want universal basic income? Write the ***damn check for it. Every month. Go down the list of government expenses you support, tally them up, and write a check for your share of the total. Every. ****ing. Month. That should make you (rhetorically "you") feel extra moral. Maybe have a public wall-o-virtue that has your name scribed in for your contributions.

 

[Ingomike]

You get a paycheck stub that details how much the good uncle takes from your paycheck too. Write the check. It hurts more.

I have long said the simple way to true tax reform is to do away with withholding and make everyone save and write a check several times a year. Then an expected consequence would be a big reduction in both the frivolous liberal programs and pie in the sky military programs etc.

 

[BugI02]

I have long said the simple way to true tax reform is to do away with withholding and make everyone save and write a check several times a year. Then an expected consequence would be a big reduction in both the frivolous liberal programs and pie in the sky military programs etc.

With a possible sharp spike in bureaucrats and lawyers necessary to collect from the people who have everything but can't save anything. The current system isn't popular but it is efficient

My preferred reform is an extensive field of checkboxes that allow me to control what my tax contribution is or is not spent on

 

[jamil]

With a possible sharp spike in bureaucrats and lawyers necessary to collect from the people who have everything but can't save anything. The current system isn't popular but it is efficient

My preferred reform is an extensive field of checkboxes that allow me to control what my tax contribution is or is not spent on

i’ve talked about my tax plan. It’s got that. But you write out a check for everything you pick.

 

[Lex Concord]

I have long said the simple way to true tax reform is to do away with withholding and make everyone save and write a check several times a year. Then an expected consequence would be a big reduction in both the frivolous liberal programs and pie in the sky military programs etc.

I don't know, people generally have to "write the check" at least once a year (twice in Indiana) for property taxes, and they're ubiquitous.

 

[ATOMonkey]

I have paid my tribute to the crown so that I may continue to live upon their land. In the spring I plan to pay additional tribute, if it please the crown, to erect another structure on their land...

I give thanks to my benevolent overlords who supply me with police protection, fire protection, and education for my children. All praise be to the almighty gubment!!!

 

[eldirector]

I don't know, people generally have to "write the check" at least once a year (twice in Indiana) for property taxes, and they're ubiquitous.

Most folks have the tax paid by the bank, and rolled into their mortgage.

For ALL taxes, I would make them payable only in person, and only in cash. Folks would wake up real quick.

Side note: I write a check twice a year for property taxes, and once a year for income tax. I'd pay cash, but they won't take it.

 

[HoughMade]

Most folks have the tax paid by the bank, and rolled into their mortgage.

For ALL taxes, I would make them payable only in person, and only in cash. Folks would wake up real quick.

Side note: I write a check twice a year for property taxes, and once a year for income tax. I'd pay cash, but they won't take it.

We write a check for income tax 4 times a year...sometimes 5. Yeah...that's a wake up call....but most people don't want to be awakened, nor do the want to go to prison, so withholding will continue.

 

[rhino]

Most folks have the tax paid by the bank, and rolled into their mortgage.

For ALL taxes, I would make them payable only in person, and only in cash. Folks would wake up real quick.

Side note: I write a check twice a year for property taxes, and once a year for income tax. I'd pay cash, but they won't take it.

That always seemed to me an odd service to offer.

 

[Mark-DuCo]

Most folks have the tax paid by the bank, and rolled into their mortgage.

It must be really common. When I converted my construction loan to a mortgage earlier this year they wanted me to do that. I just didn't see any benefit. They were shocked that I declined it and asked me two more times before we were done with closing. I know of at least two people that had trouble with the bank not paying their taxes like they were supposed to. They said it was a major headache to get it all straightened out.

 

[JettaKnight]

That always seemed to me an odd service to offer.

They want to protect their investment. For most, they own over 50% of the house.

 

[rhino]

It must be really common. When I converted my construction loan to a mortgage earlier this year they wanted me to do that. I just didn't see any benefit. They were shocked that I declined it and asked me two more times before we were done with closing. I know of at least two people that had trouble with the bank not paying their taxes like they were supposed to. They said it was a major headache to get it all straightened out.

That was my concern as well, and I refused for that reason.

 

[Clark & Addison]

Wrote my check this morning. I hurt, but our total bill was actually a little less than last year. Our home was assessed higher this year but other properties were down. I'd be in favor of a flat tax.