Oh, I knew that was coming. And I live in a Dem city.
in the USA, government ALWAYS comes first.
Oh, it’s going to take a whole lot of pain before the masses notice. For their sake, I hope they notice before it’s too late. I seriously doubt they will.
Sweet Home Alabama
For those thinking of retirement a major financial consideration must be the property tax bill.
If you have paid off your mortgage and car(s) this will be your largest bill.
Beware of Texas as a retirement option. Between confiscatory property taxes and a sales tax north of 8%, the state is not a “country for old men”...or old women either. As an aside, I had the 2022 valuation on some rural property I own go up 146%.
California proposition 13 protects homeowners from this problem. Every state should enact comparable homeowner protection.
I have a modest 1950s rambler and my property taxes topped $6,000 this year, $500 a month. The county executive is proposing a tax hike for next year in order to preserve “open space” in the county. So more property will be off-limits to development even as the population in the area has been skyrocketing. The result will be more high-density housing, further pressure on the single family home market, and still higher taxes.
If you own your property as a sovereign freeman or freewoman allodially, by definition you cannot be beholden to ANY superior, thus no property tax or fee can be held on YOUR property.
Most of us, probably 99.9% of us, have color of title to our property. Color of title is NOT allodial, the state has the allodial title, while we are left with a deed of X, or title of X, a lesser form of title. For example, the allodial title to an automobile is at our state registry - the so-called MCS or MCO.
One can shed the color of title and go allodial - in the case of land property, that means establishing a land patent for it.
The process can and has been done by some... a few public cases you may have heard of, where the would-be free man/woman gets in trouble. But, many others that understood the process and do it properly get out from the chains of being a corporate citizen to the UNITED STATES, or of its many subsidiaries - State of X, Town/City of Y.
Yep.
already done where i live.
Gee, I thought Bernie Sanders’ Vermont was as close to paradise as one could get.
Most states these days have limits on how much they can raise the value of someone’s home.
Apparently, Vermont does not.
Someone has to pay to educate and feed (at school) all those illegal interlopers coming across the border.
Corporations will buy up all the foreclosed property. You will own nothing and you WILL be happy.
Out-of-towners are moving into our rural county and buying up everything that is for sale—and paying cash so they don’t have to worry about those bank appraisals. Locals are being priced out of everything! Our property taxes are going to double here as well.
I support the 90% Plan.
If they assess your home for so much, you should have the option of handing them the keys for 90% of their valuation.
It will never happen...
Apparently the tax base in Cochise County is growing, because my property taxes actually go down next year.
Here in Florida, my wife and I own two residences, a primary home and vacation condo and the combined property taxes are not close to $10,000/year, at one time we owned a 3rd property an office condo where my wife ran her business from, and the combined property taxes never were over $10,000/year.
The Florida Constitution limits property taxes on your primary homestead to a maximum increase of 3% per year.
Combined with no state income taxes, now you know why people move to Florida.
Normally they reduce the mil rate but they still make a killing off the increase.
Next? Been going on here in Texas for some time now.
California has one thing right - Prop 13.
It limits property taxes. Home paid for, nice neighborhood, 3 bedroom 2 baths - $1,300 property tax.
Now when the home is sold the property tax will be set at the value of the home when sold.
If it was not for Prop 13 I would be able to afford to live here.