Easton, PA Man Pays Property Taxes in $7143 One Dollar Bills

Youtube ^ | Published on August 30, 2013

[Red in Blue PA]

Love it. He says most people simply have the taxes escrowed and do not see how much is stolen from them every year. We need more people doing this!

[Gaffer]

So this guy has a total bill of probably 15,000 or over...madness. I’ll be his house isn’t even a big one.

You guys are getting raped up there in PA...

[cableguymn]

If you think your own your property.. just stop paying your rent to the tax collector and see what happens.

Complete BS.

[Red in Blue PA]

Yep, we are. It is becoming a welfare state. I am not averse to moving, as I was at one time.

[Red in Blue PA]

Forgot to add, there is a bill making its way through the PA legislature which would do away with property taxes and have a more fair system where everything is taxed, and thus everyone pays in.

[Red in Blue PA]

Every time I think about paying off the house, that is what stops me.

[Gaffer]

They should be taxing welfare benefits.

[napscoordinator]

I don’t know how it is considered stolen when people sign up for it when they sign their deeds. Taxes are part of it when you sign the bottom line. Do I like it? Nope, but that does not mean that everyone knows about them going into it.

[elcid1970]

He should have paid them in pennies.

[Red in Blue PA]

I don’t know how it is considered stolen when people sign up for it when they sign their deeds. Taxes are part of it when you sign the bottom line.

They have carte blanche to raise taxes during the worst recession in 70 years. And they raise the rates by 2 to 3 times what "inflation" is. I never signed up for that.

Additionally, families living in apartments with 5 kids get schooling benefits of almost $60,000, yet do not pay in a dime.

How is that fair???? Please, explain that to me.

[napscoordinator]

Oh gosh. Really? You compare yourself to a renter who does not have anything to show for it at the end. You are better off.....you lower your taxes every year until the deed is paid and then get to sell the home for a MUCH higher price then you paid for it (if you wait at least 30 years). If you are jealous of renters then you are CRAZY! I would never want to rent. By the way, the rents go up every year too. I know in Annapolis you are paying rents around 1600 dollars and that is for a small apartment. I am paying around 2300 a month for my house....yep more but at least it is going towards something. My Mom’s home in Pennsylvania has a tax of around 2000 a year....I should be so lucky.

[NoKoolAidforMe]

$7K is cheap. Where I live, the median tax bill is $12K for a modest house in a decent town. The better the school district, the higher the taxes. I know many who pay $18-30K a year for their homes.

[Mouton]

“Additionally, families living in apartments with 5 kids get schooling benefits of almost $60,000, yet do not pay in a dime.”

Supposedly they pay indirectly through property taxes but even if that were true, the benefit received far exceeds the payment. The property tax was a good idea when only people who owned property could vote. Frankly, I’d remove voting from anyone who pays no taxes beyond social security and medicare. The notion that you can vote to remove money from your neighbors wallet is repugnent to me as that “money” is representative of having spent part of my life, a major part, in working for it while they are sitting on their cans collecting benefits. There should be an equitable way to ensure the truly disabled or aged are cared for but beyond that there is no free lunch.

[Gaffer]

Mine is $1250 total County & School, $300 city for a 1500 sq ft. home valued at $155K. You people need to fire some public employees - very very many in my book.

[Gaffer]

...you lower your taxes every year until the deed is paid and then get to sell the home for a MUCH higher price then you paid for it (if you wait at least 30 years).

That used to be the case before the last housing bubble. Young DINKs buying $1M houses making interest-only loan payments on a 100% loan. Doable monthly payments coupled that are way way better than a comparable rent, with 1/3 return on interest payments each year through deductible taxes, building equity all the while. 5 - 10 years later cash it out with a good sized appreciation in selloff... That stopped and will never return again. Banks aren't loaning anywhere near 100% (or over like before) nor are they selling off their loans to some government backed bundled derivative concoction.

[Red in Blue PA]

I agree with your post entirely. If you have no skin in the game, why should one be able to play?

[momto6]

Mine is $254 a year for a 2200sqft home, plus if I pay it by Feb 15th we get a 5% discount.

[Gaffer]

You probably have an over 65 no-school-tax benefit, don’t you?

[who knows what evil?]

LOL...people in Red England get sheared to the tune of 5, 10, 15,000 dollars a year (and worse) in property tax, and think nothing of it. That is; until I tell them how they are paying 10 to 20 times as much as other parts of the country.

[zeebee]

> > Every time I think about paying off the house, that is what stops me.

You have to pay the property taxes anyhow. Why add in mortgage interest?