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Forum ยป Property Taxes are Theft: Fuk my life
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Thread: Property Taxes are Theft: Fuk my life

post 1453667113 07-20-2016, 12:47 PM
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#91
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$6,000/yr, fukkin sucks.
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post 1453667933 07-20-2016, 12:53 PM
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#92
  1. ZenBowman
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It is one of the few legitimate taxes.

It is a charge for EXCLUSIVE use of property, when you own property you prevent others from using it, and a tax on that is fair.

Whereas an income tax is a tax on productivity, which is far more unfair, as when you are producing something, you aren't infringing on the rights of anyone else.
When all that says 'it is good' has been debunked, what says 'I want' remains.

- CS Lewis
post 1453668563 07-20-2016, 12:57 PM
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#93
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Originally Posted By snufy⏩
Honestly boyos, it's making more sense to rent where you actually live, if you want to buy, buy as an investment (rental) and make sure it's at-least a little bit cash positive. This will allow to you take advantage of any upswings and you can leverage equity to use for generating more cash etc...
"Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowners net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).

In a Forbes article, the National Association of Realtors (NAR) Chief Economist Lawrence Yun predicts that in 2016 the net worth gap will widen even further to 45 times greater."
post 1453669173 07-20-2016, 01:01 PM
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#94
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What non-poverty countries can I own a house & property and not have to pay property taxes?
post 1453669363 07-20-2016, 01:02 PM
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#95
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Renting forever because it's less of a hassle crew. Who gives a fuk about owning a home? People are less likely to rob townhomes/apartments than houses anyway
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แ—ชIแ”•แ‘•แ–‡Iแ—ฐIแ‘Žแ—ฉTIOแ‘Ž Eแ™ญแ‘•แ’ชแ‘Œแ”•IOแ‘Ž Iแ‘Žแ—ชOแ‘•Tแ–‡Iแ‘Žแ—ฉTIOแ‘Ž
post 1453669893 07-20-2016, 01:06 PM
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#96
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Originally Posted By ZenBowman⏩
It is one of the few legitimate taxes.

It is a charge for EXCLUSIVE use of property, when you own property you prevent others from using it, and a tax on that is fair.

Whereas an income tax is a tax on productivity, which is far more unfair, as when you are producing something, you aren't infringing on the rights of anyone else.
I understand the need for property taxes, but there comes a point where the tax becomes unreasonable and people begin to leave thus upsetting the tax base. The towns respond by increasing property taxes yet again to offset the loss which causes more people to leave and your tax base is once again compromised. The cycle keeps repeating itself until your left with only section 8 and welfare....

50+ years ago Bridgeport wasn't that bad of a city. Now its one of the most dangerous places in the state of CT with one of the highest tax burdens.

Now...



This is now stemming out into the suburbs with mill rates going way beyond affordable and people are beginning to leave. Whats the states next move?

We just lost GE...

http://www.nationalreview.com/articl...on-blame-taxes
post 1453670363 07-20-2016, 01:08 PM
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#97
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Somewhere in the world, a hipster is creaming his pants to live in that building.
post 1453670923 07-20-2016, 01:12 PM
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#98
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Originally Posted By Med-Tec⏩
Somewhere in the world, a hipster is creaming his pants to live in that building.
Already inhabited by Hipsters.

Google NEST Arts.

http://www.nestartsfactory.com


post 1453671283 07-20-2016, 01:14 PM
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#99
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Originally Posted By Retoaded⏩
"Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeownerโ€™s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).

In a Forbes article, the National Association of Realtorsโ€™ (NAR) Chief Economist Lawrence Yun predicts that in 2016 the net worth gap will widen even further to 45 times greater."
There's hundreds of articles and calculations both ways.

I for one, don't put and weight into a FED sponsored paper that encourages more housing bubbles built buy gluttonous spending and failed Keynesian economic policy.

IE) I'm not buying drugs because the drug dealer said there good for me.
SINK Crew (Single Income No Kids)


Who gon' drive? How about we both drive. I love that Sh*t.
post 1453671703 07-20-2016, 01:16 PM
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#100
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Originally Posted By ZenBowman⏩
It is one of the few legitimate taxes.

It is a charge for EXCLUSIVE use of property, when you own property you prevent others from using it, and a tax on that is fair.

Whereas an income tax is a tax on productivity, which is far more unfair, as when you are producing something, you aren't infringing on the rights of anyone else.
Educate me, hasn't the property already been paid for? Or are you saying that because property is a fixed, limited resource, society as a whole should get a share?
๐•ฎ๐–๐–†๐–˜๐–Š ๐–† ๐–ˆ๐–๐–Š๐–ˆ๐•ถ, ๐–“๐–Š๐–›๐–Š๐–— ๐–ˆ๐–๐–†๐–˜๐–Š ๐–† ๐–‡๐–Ž๐–™๐–ˆ๐–

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post 1453671743 07-20-2016, 01:16 PM
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#101
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My parents complained and they lowered it. Sounded somewhat arbitrary, maybe you can do the same OP? Or your next best bet is to seek a state with low taxes, as they vary quite a bit by state.
post 1453672133 07-20-2016, 01:18 PM
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#102
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Interesting.
*Texas Crew

"I should really find more productive ways to waste my time" -J.D.
post 1453672403 07-20-2016, 01:19 PM
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#103
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Originally Posted By rootcon⏩
My parents complained and they lowered it. Sounded somewhat arbitrary, maybe you can do the same OP? Or your next best bet is to seek a state with low taxes, as they vary quite a bit by state.
"Appeal" but you still have to pay while the process takes place
post 1453674013 07-20-2016, 01:29 PM
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#104
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An extremely regressive tax. Charging families to live in their own homes and able to jack up rates arbitrarily, leaving them less money year after year. Who voted for this chit?
Men get arrested. Dogs get put down.
post 1453674483 07-20-2016, 01:32 PM
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#105
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I'm assuming somebody pointed it out already, but according to google "Effective property tax rates in New Haven are among the highest in the state of Connecticut. The countywide average effective rate is 2.01%". Not sure what OP is on about $10k on a $120k house.

Did you mean $1,200,000 OP? Because that would actually make sense, considering nowhere in America there is anything near a ~8% property tax.
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