OK, 4 states don’t have state property taxes. But is there anywhere that doesn’t have local property taxes (county tax and if applicable city tax) to support schools and local services?
But again, the point was that it is not the tax that prevents people from actually owning property, it is the eminent domain law as a legal power possessed by governments to take over private property for public use, after providing fair compensation to the property owner.
If you look at who I responded to, you will understand why I offered up the statement. 🙂👍
As you all correctly state, those taxes are to fund other community needs, such as schools & other maintenance of publicly used state owned buildings, roads & so on.
Oregon doesn’t have state property taxes, they are collected by the county. I thought that’s how all states did it.
I think those four property tax free states have NO property taxes at all.
Louisiana does have a homestead exemption. When I lived there it was the first $75k of the home you live in - this was 25-30 years ago, and there were many houses selling for less than that.