When your property is taxed (by any method), you no longer own that property. You are just renting it. And the rent is the tax goes to the government.
I’d much rather see property taxes abolished, and replaced by some sort of sales tax.
I have to pay over 4 grand in property taxes this year for my OLD 1952 home. Ridiculous.
Words from an Ohio auditor to state. “I stand by my values as submitted and have no plans to submit a third tentative abstract raising county wide residential values to 20%.” Ohio F’n Republicans. This guy was looking for a 14% increase, wasn’t enough for the state.
Exactly. I’m paying hundreds of dollars per month in rent on property that I own, most of which goes to a failed public school/indoctrination system. It’s despicable.
My suggestion would be to put a reasonable lifetime cap on all property taxes. $30k would be about right.
Exactly right (but they let you hold a little piece of paper called a deed to make you happy).
Don't believe us? Try not paying your taxes and see how long you "own" the property.
Property tax is how the rich and poor screw the middle class. Rich buy homes with cash & own cars & art/antiques worth more than a middle class home paid by monthly payments after debt-financing .....where both mortgage payments, property tax and insurance all some from income, not property value. The poor own no property & often receive housing subsidies such as tax credits on income, for children, child support that is not taxed as income, etc. property goes up in value, but the home depreciates, ie, paint, roof, plumbing, furnishings, appliances ....
Regarding the so-called “renting” of assets you legally own:
I may be wrong, but it seems that you think that the benefits to local homeowners provided by (for example) local Fire Departments and local Police Departments should be provided to those homeowners for FREE.
Why?
Why shouldn’t the local beneficiaries of government spending, which was approved by local voters, pay the cost of that spending through local taxes?
The phrase “I’d prefer not to.”, strikes me as simple selfishness. Many people want “free stuff”. Why should they get it?