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New Jersey's property tax **PIC**

Kroze

Kroze

Diamond Member
So this $275k house with 5 bedrooms, 3 baths have a property tax of....

Current Taxes:
$18,165 year

Mind you this house is in LAWNSIDE, this area is one step up from Camden, NJ. The murder capital of the united states.

9 SPICER PLACE, Lawnside, NJ 08045


5725106_P00.jpg


http://www.ziprealty.com/buy_a_home...f4hb2&page=1&listing_num=5725106&numResults=7
 
Yeah, it's time to end the property tax and just increase income taxes. Progressive taxation ftw!
 
<smarmy tax-leeching commie>If you don't like it, move.</smarmy tax-leeching commie>

But srsly, the only way money-hungry politicians are going to learn a lesson about over-taxation and over-spending is if those getting fucked move to a less wallet-fucking state.
 
Household median income is $45,192 according to wiki.

And the county wants 18K of that per year, assuming everyone in the house chips in?

LOL
 
HamburgerBoy said:
<smarmy tax-leeching commie>If you don't like it, move.</smarmy tax-leeching commie>

But srsly, the only way money-hungry politicians are going to learn a lesson about over-taxation and over-spending is if those getting fucked move to a less wallet-fucking state.
Click to expand...

Yeah, we all should move to the low tax, low services states that only survive on the tax money from the rich states.


Wait......?????
 
OCGuy said:
Household median income is $45,192 according to wiki.

And the county wants 18K of that per year, assuming everyone in the house chips in?

LOL
Click to expand...

That's assuming the average household can afford that $275k house. I don't know if an average household can...
 
techs said:
Yeah, we all should move to the low tax, low services states that only survive on the tax money from the rich states.


Wait......?????
Click to expand...

Admittedly New Jersey is at the bottom of this list at $0.61 received per $1.00 paid, but Nevada is only four cents higher despite having one of the lowest tax burdens in the nation. Over-generalization is overly general.
 
techs said:
Yeah, we all should move to the low tax, low services states that only survive on the tax money from the rich states.


Wait......?????
Click to expand...

HamburgerBoy said:
Admittedly New Jersey is at the bottom of this list at $0.61 received per $1.00 paid, but Nevada is only four cents higher despite having one of the lowest tax burdens in the nation. Over-generalization is overly general.
Click to expand...

Nevada is a completely different animal than New Jersey. Nevada is a relatively new state without many of the costs associated with with older, built up states.

Fast growing states like Nevada benefit from development of virgin land and the money of the people moving into it(Nevada has more people who have moved there than any other state). So, for awhile Nevada can have low taxation. Once it matures and its population grows older, infrastructure grows older, they will have to increase taxes.
 
techs said:
Yeah, we all should move to the low tax, low services states that only survive on the tax money from the rich states.


Wait......?????
Click to expand...
That property tax on a house of that value here in the RTP area of North Carolina would a bit over 2000 dollars a year.

I'd hate to know I had to pay 18k a year in property taxes for a house that's of a similar size to mine. Also would hate to think it was in New Jersey to boot.

No tax money from up north is subsidizing us here. This is one of the top-rated places to live in the country, has been for over a decade. Everything about here is better...weather, beaches, mountains, people (except all the yankees moving down here).

Damn, that's ridiculous.....but that's what you folks get for continually voting in liberal, tax-and-spend Democrats for decades, that were bought and paid for by unions. They kept tacking on a little bit here and a little bit there for years, and look where it got you. No wonder you all keep moving down here, and no wonder nobody is moving up there.
 
techs said:
Nevada is a completely different animal than New Jersey. Nevada is a relatively new state without many of the costs associated with with older, built up states.
Click to expand...

Yes, both of which are quite different from the many other wonderfully diverse states in this wonderful nation of ours. My point that over-generalization is overly general still remains.
 
TridenT said:
We know that doesn't work 100% though. >_> Warren Buffet gets taxed less than the people the people he hires.
Click to expand...

You're talking about two different taxes. Warren Buffet, as an investor, pays capital gains tax. His employees pay income tax.

I bet Warren pays a hell of a lot more in property tax than his average employee.
 
Holy crap that's a lot of house for $275k compared to what you get over here.

edit: Mind you our house cost $330k and our taxes on it are only $1,500pa.
 
misle said:
You're talking about two different taxes. Warren Buffet, as an investor, pays capital gains tax. His employees pay income tax.

I bet Warren pays a hell of a lot more in property tax than his average employee.
Click to expand...

I'd take that bet.

First off, Buffet pays a lower percentage of his income than his secretary does.
http://www.theatlantic.com/politics/archive/2009/03/why-buffett-pays-less-than-his-secretary/1616/

And Buffet DOES pay less property tax than his secretary, if you choose an expensive home he has in California versus an average price home his secretary has in Omaha.
http://www.wealthandwant.com/docs/Buffett_Prop13.html
 
misle said:
You're talking about two different taxes. Warren Buffet, as an investor, pays capital gains tax. His employees pay income tax.

I bet Warren pays a hell of a lot more in property tax than his average employee.
Click to expand...

Yes, of course. But if Warren didn't live in a fucking pimpin' mansion or whatever he lives in... and a typical house like his secretaries or whatever, then I am sure his taxes would be lower OVERALL.
 
TridenT said:
Yes, of course. But if Warren didn't live in a fucking pimpin' mansion or whatever he lives in... and a typical house like his secretaries or whatever, then I am sure his taxes would be lower OVERALL.
Click to expand...

Warren Buffett lives in a relatively modest house that he bought in the 50s.
 
you continuouly promise a significant portion of your population that they can live just as well as the jones' next door even if they never spend any time doing productive activities these things can happen.
 
techs said:
I'd take that bet.

First off, Buffet pays a lower percentage of his income than his secretary does.
http://www.theatlantic.com/politics/archive/2009/03/why-buffett-pays-less-than-his-secretary/1616/

And Buffet DOES pay less property tax than his secretary, if you choose an expensive home he has in California versus an average price home his secretary has in Omaha.
http://www.wealthandwant.com/docs/Buffett_Prop13.html
Click to expand...

So, you think Buffet's average employee pays $26k in property tax every year?

And of course he pays a lower percentage (but a lot more in raw dollars), he's paying a totally different tax than his employees. That's just how the system works.
 
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