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The next shock for homeowners: Surging property tax assessments
Money watch ^ | 5/20/22 | Aimee Picchi

Posted on 05/20/2022 10:34:05 AM PDT by hardspunned

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To: yetidog

Exactly why I picked AZ over TX.


41 posted on 05/20/2022 11:09:38 AM PDT by Jonny7797
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To: who_would_fardels_bear

“Individual cities can decide to implement local property tax limitations”

Counties assess properties.


42 posted on 05/20/2022 11:10:25 AM PDT by TexasGator (UF)
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To: hardspunned

The proper terminology is “property tax-gouging.”


43 posted on 05/20/2022 11:10:45 AM PDT by E. Pluribus Unum (Affirmative action is systemic/institutional racism/sexism targeting straight, white males.)
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To: noiseman

Thanks.

Its an arduous task fraught with hurdles. But doing it or not, one is sure to learn quite a bit about the lies we have lived our entire lives. Doing it right could take years. However there is a process being discussed now in various circles, and I believe it will become more of a force for good


44 posted on 05/20/2022 11:11:02 AM PDT by C210N (Everything will be okay in the end. If itโ€™s not okay, itโ€™s not the end.)
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To: CIB-173RDABN
So the guy next door to you pays ten times more than you on prop tax for a similar property just because he bought it more recently. Doesn't sound fair.

I imagine if something like Prop 13 were enacted today it would be found unconstitutional by the Cali supreme court and kicked to the curb like Props 182 and 8.

45 posted on 05/20/2022 11:14:14 AM PDT by who_would_fardels_bear (This is not a tagline.)
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To: who_would_fardels_bear

A plebiscite isn’t “mob rule.” It’s direct democracy. I’m not saying that the process is always perfect. It’s not. The voters can and have been hoodwinked. And the voters’ will can be and has been thwarted by the powers that be (e.g., CA voters’ rejection of gay marriage with Prop 8). But if you don’t understand why CA’s Prop 13 is a good thing, and why its continued existence been supported by every conservative in the state for the last 40 years, there’s nothing I can do to help you.


46 posted on 05/20/2022 11:14:46 AM PDT by irishjuggler
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To: PGR88

47 posted on 05/20/2022 11:15:11 AM PDT by caww ( )
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To: hardspunned

Our friends over in Jeff Davis Parish, Louisiana had their’s almost double last December. He couldn’t believe it. He call the tax assessor’s office to see if maybe there was some kind of mistake. Nope. They had gone and re-assessed everyone’s property...thus the increase.
And if you wanna find out who REALLY owns your property, rest assured, you’ll quickly find out if you don’t pay em.
Somewhere, somehow...this has got to come to an end.
It’s unsustainable the way it is.
The middle-class working man, just trying to raise his family and live in peace is being taxed out of existence by these greedy govt. bassturds.


48 posted on 05/20/2022 11:17:34 AM PDT by lgjhn23 (Pray for America....)
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To: SubMareener

I am also in Cochise Co. My assessment went up 11%. I am appealing because this is in direct conflict of State Statute 42-13301. Residential property tax cannot exceed 5% per year.

But I agree that more people are moving in. Lots more. At my work, I meet a lot of people who are moving in and developing property.


49 posted on 05/20/2022 11:19:50 AM PDT by SisterK (recognize and resist tyranny)
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To: TexasGator

This varies by state.

In CT the counties have no taxing authority—only cities and towns do.


50 posted on 05/20/2022 11:21:46 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: irishjuggler
An increasing percentage of the savings from prop 13 go to businesses because they hold property longer than homeowners. Commercial properties are left vacant and rotting even in nice neighborhoods because the owners can afford to take the minimal hit on prop tax.

Because cities and counties have little control over prop tax they often go begging to the state and end up running via state mandates.

Because of the deal biz gets on lower prop tax they don't fight hard enough against other impositions by the state such as increased fees and regulations.

Prop 13 is not a win-win. Being able to die in the home you purchased decades ago is not a human right I am aware of. Many people used to retire out of state.

51 posted on 05/20/2022 11:24:52 AM PDT by who_would_fardels_bear (This is not a tagline.)
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To: MercyFlush

florida... ๐Ÿ˜


52 posted on 05/20/2022 11:26:14 AM PDT by heavy metal (smiling improves your face value and makes people wonder what the hell you're up to... ๐Ÿ˜)
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To: who_would_fardels_bear

I’m sorry. But at this point in history, anyone who advocates higher taxes in any form — whether on property, income, inheritance, capital gains, whatever — is the friend of big-government liberalism and the enemy of small-government conservatism. Pick a lane, buddy.


53 posted on 05/20/2022 11:30:51 AM PDT by irishjuggler
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To: hardspunned

I sold my home in Illinois just a few weeks ago.

Not a huge place at all, 1700 sq ft
2750.00 a year tax

I’m on my farm now in Missouri and this house is over 5000sq ft, has a huge barn, 40 acres, large greenhouse..etc
1032.00 a year tax

My farm is in the process of being sold and I am going to move into a small 2 bedroom house in a nearby MO town. 1100 sq ft in a nice area.
270.00 a year tax

Missouri has relatively low property tax.. especially on farms it seems.


54 posted on 05/20/2022 11:31:43 AM PDT by Bobalu (Some people are psychopaths and the left is their natural home)
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To: hardspunned

One doesn’t own real estate, one only leases it from the government.


55 posted on 05/20/2022 11:33:15 AM PDT by damper99
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To: cgbg

I was responding to Califoria.


56 posted on 05/20/2022 11:37:33 AM PDT by TexasGator (UF)
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To: cgbg

I live here, but rent. I want to move to Arkansas.


57 posted on 05/20/2022 11:39:53 AM PDT by avenir (Information overload = Pattern recognition)
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To: who_would_fardels_bear

Prop 13 has some wonky features when it comes to inheritances.

If a family gets the details right they can remain under Prop 13 for generation after generation.

https://www.aldavlaw.com/blog/can-you-inherit-favorable-tax-treatment-how-to-inherit-your-parents-house-and-their-low-tax-bill-too/


58 posted on 05/20/2022 11:40:56 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: brownsfan

For most people property taxes are collected with their mortgage payment - and their home owner’s insurance - all added in to the single payment. So it’s not a big deal.


59 posted on 05/20/2022 11:44:52 AM PDT by GOPJ (Biden wants borders open to destabilize the county and pit citizens against each other.)
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To: GOPJ
So it's not a big deal.

*************

Depends upon the amount of the increase. With all the
increases coming on most things we buy/use then it will
make a difference on money left for discretionary items.

60 posted on 05/20/2022 11:52:42 AM PDT by deport
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