Posted on 10/31/2017 10:03:13 AM PDT by Brian Griffin
I propose to replace the present ad valorum real property taxation system, which:
a. is racially discriminatory
b. leads to significant school funding discrepancies
c. encourages governments to drive housing prices out of reach
d. causes high value housing owners not to want lower-priced housing in their communities.
Financially, it would mainly impact California, Connecticut, New Jersey and New York.
Each building would be taxed after December 31, 2020 as follows:
$L for each studio and each one-bedroom apartment
$2L for each two-bedroom apartment
$3L for each three-bedroom or larger apartment
$3L for an attached/detached house or maisonette
plus
$L/1000 for each heated and/or cooled square foot
$L/2000 for each other roofed square foot of building space
where $L would be the taxing entity's levy rate.
[A single family house with 2,500 sq. ft. of finished space and 650 sq. ft. of unfinished space ]
[ would be taxed for the building at $5.825L = $3L (house) + $2.5L (finished space) + $.325L (unfinished space).]
Apartment sizes and square footages may be calculated based on legal requirements and property tax appraisal and building permit and other official records.
Separate locking systems and/or cooking facilities within a building may be considered as evidence for the existence of separately taxable housing units.
[A DC rowhouse with a lawful basement apartment would be taxed as an apartment and maisonette.]
[A three-story NY townhouse with apartments on each floor and in its basement would be taxed as four apartments.]
[A Worcester triple-decker would be taxed as three apartments.]
[A single family house with a granny "flat" not legal to rent to outsiders would be taxed as a house.]
[A single family house with an unlockable rented room without cooking facilities in that room would be taxable as a house.]
[A single family house rented to four college students would be taxable as a house.]
Land would be taxed after December 31, 2020 as follows:
$L/10 per acre of useable land, including woodland, but excluding desert land more than 500 feet from a paved road, swamps, wetlands and flood plains
plus
$L/10 per acre of useable open land [fields, meadows] or improved land or developed land
plus
$L/2 per housing unit (allowed) & 1,000 square feet of commercial/industrial space (allowed), in an area with zoning or built-up
plus
$L per acre of raw or improved land suitable for building within 1,000 feet of a sewer line, in an area without zoning & not built up
plus
$L/2000 per foot of public road frontage, to be apportioned to the allowable/actual housing units
[If that single family house was on a one-acre lot in New Jersey with 200 feet of road frontage it would be taxed on the land ]
[ at $.8L = $.1L (useable land) + $.1L (developed land) + $.5L (one housing unit) + $.1L (road frontage)]
[ for a total of $6.625L = $5.825L (building) + $.8L (land).]
Industrial machinery and commercial fixtures would not be subject to real property taxation.
The value of the levy rate $L must be the same throughout the levying jurisdiction.
The value of/within any levy rate $L for school funding by jurisdiction shall not vary by more than 20% within a state.
The total of levy rates for any property may not exceed $1,000 for essential public purposes, such as schools, roads and policing.
The total of levy rates for any property may not exceed $50 for non-essential public purposes, such as libraries and parks.
[That single family house may be taxed a maximum of $6,956.]
The following shall be considered outside the scope of this proposal:
1. Reasonable fees and service charges to pay for water/sewer/electric/gas service and service line installation
2. Reasonable fees/service charges/taxation to pay for garbage service for the residential housing units and other properties served
3. Reasonable taxation separately levied to pay for flood mitigation for the (potentially) impacted land.
4. Taxation for any medically-related purpose by a fixed levy per residential housing unit, regardless of type.
The taxation on a homeowner's residence shall not exceed the state constitutional limit(s).
Square footage and acreage assessments shall be accurate to within 3% or to a lower state law set limit.
Appraisals and corrections for errors shall be subject to reasonable state law procedures.
Other governmental revenue with respect to real property may only include:
1. fair impact fees reasonably related to governmental infrastructure development and enhancement costs,
never exceeding $10,000 per housing unit or $10 per square foot of a non-residential building in total over time
2. judicially-related fees and taxes, not to exceed $250 per recording or transfer or $1,000 in total with respect to any housing unit in any 10-year period
The $10, $50, $1,000 and $10,000 limits may be adjusted for inflation under state law, but not exceeding the percentage Social Security payments were.
[This system would make it easy for renters to get and take property tax deductions.]
[This system would ensure governments can't absurdly profit by making real property absurdly expensive.]
I’ve read your health insurance proposal and this one. I think it is fraud to call yourself a Republican even if you are registered as one.
Years ago Brits ‘taxed’ based on number of window in a house... and sure enough citizens bricked up windows. You can still see some examples in London...
Window tax - Wikipedia
https://en.wikipedia.org/wiki/Window_tax
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