I also pay for public schools which I do not use... and I think it's a bunch of crap. My property taxes went up by over 30% this year. I don't have kids, and even if I did, I would be sending them to private school.
I really don't understand passing the burden of education costs on to all land owners. I understand that some people may not be able to send their kids to a private school... but that's hardly enough justification to force everyone in the community to support them.
They pay disproprotionately to what the landowners pay.
The tax is per parcel of land. How many apartments are there in a typical apartment complex? How many people live in a typical family house?
In the end, they pay the same $50, $80, $100 - whatever. However, the impact on a family house is much higher than on renters.
You omit mortage payments, cost of maintenance, insurance, lots of other crap.
Yes, having a property is an investment (not a guranteed one), but a pile of parcel taxes affects the landowners much more than renters.
That is why during the history of democracies, qualifications (on property, etc) were established. If you want to decide on something, you have to have an interest in it as well, such as: be part of those who get to execute, pay for or benefit from the choice.
How does your property tax go up 30%? In california it is fixed based on the price you bought it for: 1.25% x saleprice.
Also you indirectly benefit from the public schools by having an educated productive youth. otherwise the kids would turn the place into a ghetto.
waggy
No Lifer
- Dec 14, 2000
- 68,143
- 10
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yes. i was trying to show the disparity between taxes and renting.
with a house and apartment the same size taxes alone are almost the cost of rent $3500 vs $6k).
even then my numbers are far off. im using the price i paid for the apartment like 8 years ago vs what i know taxes are today on a house that size.
called my sister-in-law that has a 1200 sq ft apartment. she is paying $725/month so the numbers would be higher.
First of all, the properties change in value, and re-assessed annually (at least they don't use market values or it'd be nuts). Second, there's a pile of assessments on top of tax - just look at the bill that is sent out. As voters approve more and more propositions for funding something by taxing the parcels of land, your bill will grow.
I remember seeing online somewhere a spreadsheet a guy maintained for a year of ALL the taxes he paid out (ie even telecom taxes, etc). At the end of the year it ended up being over 50% of his income.
It is ridiculous the amount of money that is taken in taxes, and yet they can't even balance their budget with the massive amount they get. We are in a time of double, triple, quadruple taxation.
It is ridiculous the amount of money that is taken in taxes, and yet they can't even balance their budget with the massive amount they get. We are in a time of double, triple, quadruple taxation.
I only brought it up because the amendment mostly came about because 18 year olds were fighting in Vietnam but unable to vote the course of the nation they fought for.
Actually taxes mill levies on single family dwellings differ than taxes on multi family dwellings. I know someone who ownes a mini storage place and he pays 26k a year in property taxes...and no kids live there.
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