I only get a retirement pension and SS, and I live in Texas.
As you said, we don’t have a State income tax. However, my property taxes for City, County, ISD and Hospitals is almost TWELVE PERCENT of my income!
With the burst of the housing bubble, foreclosures, loss of property value, etc., one would think that my taxes would go down. .....Didn’t happen! The new appraisal RAISED my property value so they can suck in more in tax revenue.
“With the burst of the housing bubble, foreclosures, loss of property value, etc., one would think that my taxes would go down. .....Didn’t happen! The new appraisal RAISED my property value so they can suck in more in tax revenue.”
The same outrage here in Marion County(Ocala) Florida.
Taxes on non homestead property, vacant lots, commercial property, in many cases has more than TRIPLED in 4 years!
And the county still wont reduce tax assessments, even though fair market value, has plunged at least 30 percent since the real estate bubble popped in 2006.
Lots of mom and pop business, especially fish camps that are assessed at inflated, waterfront, prices are being taxed into bankruptcy.
NJ may have a higher tax rate but in Florida, the local tax mafias raise your taxable value of your property, far above the market value with impunity, to get what they want to keep their greedy scam going.
It is not Washington that is most dangerous to your well being, it is the “public serpents” in the county tax mafias!