Hey, the government has to get it's 'Piece of the Action'!..........
Posted on 03/22/2018 10:52:47 AM PDT by Red Badger
(CNSNews.com) - Real state and local income, sales and property taxes all hit records in 2017, according to data released this week by the Census Bureau.
State and local governments collected a record $404,509,000,000 in individual income taxes in 2017, according to the Census Bureau. Before 2017, the greatest level of individual income tax revenues collected by state and local governments occurred in 2015, when those governments collected $399,933,270,000 in individual income taxes (in constant 2017 dollars converted using the Bureau of Labor Statistics inflation calculator).
State and local governments also collected a record $386,153,000,000 in general sales and gross receipts taxes in 2017. Prior to that, the largest state and local general sales and gross receipt tax collections took place in 2015, when state and local governments collected $385,904,260,000 in those taxes (in constant 2017 dollars).
At the same time, state and local governments collected a record $573,064,000,000 in property taxes in 2017. Before 2017, the largest property tax collections took place in 2016, when state and local governments collected $551,936,350,000 in property taxes (in constant 2017 dollars).
Property taxes also hit a record in 2017 on a per capita basis. During the year, the record $573,064,000,000 in property taxes that state and local governments collected from property owners equaled $1,759 per each of the 325,719,178 men, women and children in the United States.
Per capita state and local income taxes peaked in 2015 at approximately $1,246 and per capita state and local general sales and gross receipts taxes peaked in 2006 at approximately $1,214.
The Census Bureau defines “general sales and gross receipts taxes” as taxes that “are applicable with only specified exceptions to all types of goods and services, or all gross income.” Taxes that are targeted at specific items such as alcoholic beverages, amusements, insurance, motor fuels, amounts bet a race tracks, public utilities and tobacco are not counted.
Property taxes, according to the Census Bureau, are taxes “conditioned on ownership of property and measured to its valued. They include taxes on real and personal property, including motor vehicles.
Well,...Our only option is to invade some $hithole country, kick their a$$ and take their gas!
If only property owners pay property taxes, why not go back to the founders intent only let property owners vote?
Renters pay property taxes thru their rents and leases................
Renters may pay taxes..and water, gas, trash collection, etc, in their rent, but they have no actual skin in the game aka investment (of principle, risk of devaluation, etc).
we will be forced from our forever home if the property taxes keep rising...
FLorida, my state, has a $25k-$50k Homestead Exemption, a Senior’s (65+) Discount and a Disabled Veterans Discount.
Does your state have any thing similar that you can apply for?..............
That’s a lot of comma’s and zero’s!
Hey, the government has to get it's 'Piece of the Action'!..........
My property taxes have gone up 20% since 2016. It’s insane.
<>why not go back to the founders intent only let property owners vote?<>
Check out Article I Section 2. The Framers discussed lots of ideas as to who should vote, but once they considered the diversity of traditions around the country, they decided to leave the matter to each state.
Californians moved into my area in droves (Pacific NW) and paid enormous amounts for overpriced homes. This, in turn, drove our property taxes up sky high. It’s ironic those same Californians are quick to put up for sale signs in the spring after they fight their way out of snow covered roads They are much better suited for the American SW (McCain country).
What state?..........Kalifornia?...............
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