Property tax needs to be repealed / abolished NOW! (Morgan Co info here)

[phylodog]

Well partly. But the extent to which they print money to pay for stuff we can’t afford, it just causes inflation, which dilutes the ****.

Why wouldn't ya when you can just create your own raise out of thin air?

 

[jamil]

It's almost deja vu. They want to repeal property taxes and replace the lost revenue with .

Group wants to defeat measure that would end property taxes in North Dakota

North Dakotans rejected a similar measure in 2012.

justthenews.com

“A newly formed group, Keep it Local, [which is affiliated with HOA advocacy groups]…”

 

[firecadet613]

“A newly formed group, Keep it Local, [which is affiliated with HOA advocacy groups]…”

Funny, I don't see HOA mentioned in that article.

Again, you anti guys sure have a hard on for HOAs...

 

[jamil]

Funny, I don't see HOA mentioned in that article.

Again, you anti guys sure have a hard on for HOAs...

It’s funny because it’s a joke.

 

[firecadet613]

It’s funny because it’s a joke.

Again... hard on for HOAs...

 

[jamil]

Oh c’mon. If I don’t like them, staying with the metaphor, It would be the opposite. I would not have a hardon for them. It was a joke. Let’s not make this about HOA’s.

It’s about about abolishing property tax. Which we should do.

 

[firecadet613]

Oh c’mon. If I don’t like them, staying with the metaphor, It would be the opposite. I would not have a hardon for them. It was a joke. Let’s not make this about HOA’s.

It’s about about abolishing property tax. Which we should do.

“A newly formed group, Keep it Local, [which is affiliated with HOA advocacy groups]…”

 

[jamil]

Yes. I made a joke poking fun at HOA lovers, because it seems the same people who advocate HOA’s also have shat on the idea of abolishing property taxes. Did you not get the joke?

 

[firecadet613]

Yes. I made a joke poking fun at HOA lovers, because it seems the same people who advocate HOA’s also have shat on the idea of abolishing property taxes. Did you not get the joke?

Nope. I must have missed the logic in going back and quoting a post from a month ago. Just an attempt to hijack another thread with HOA BS?

I'm all for abolishing property taxes, but there needs to be a plan.

You can't just say abolish properly taxes without a plan. Same with HOAs, you can't just abolish them without a plan.

But you sure as hell can opt out of HOAs, can't do that with property taxes (although there are ways to reduce them)...

 

[jamil]

The post I quoted was from a month ago? I didn’t notice. Oh well. Wouldn’t be the first time.

I read the article. Thought the HOA thing would be funny. There’s no intent to hijack the thread or chafe anyone’s backside. I had no idea anyone would take that seriously.

 

[Magyars]

 

[asevans]

 

[Ingomike]

We can all agree this is wrong and the courts are slowly getting it right.

This Nebraska man almost lost his home and all of its equity over a small tax debt. He just won in court.

Kevin Fair fell behind on his property taxes in 2014. The local government eventually gave a private investor the deed to his home.

reason.com

 

[phylodog]

We can all agree this is wrong and the courts are slowly getting it right.

This Nebraska man almost lost his home and all of its equity over a small tax debt. He just won in court.

Kevin Fair fell behind on his property taxes in 2014. The local government eventually gave a private investor the deed to his home.

reason.com

But this is always the inevitable end with property taxes. Continue to produce for the state or have your property handed over to "an investor".

Flat tax time.

 

[KLB]

Harris' cronies are using property tax as an example of a tax on unrealized gains to justify their idea of doing it for all.

 

[phylodog]

****ing communists

 

[Ingomike]

Harris' cronies are using property tax as an example of a tax on unrealized gains to justify their idea of doing it for all.

This is an idiotic position. Property taxes are for services provided that benefit the property or the owners of property. We can debate what should or shouldn’t be included in that tax but property tax has nothing to do with the value gains or losses. The value is used to determine the amount owed for those services but is absolutely not a tax on the value.

 

[phylodog]

absolutely not a tax on the value.

They raise my taxes every years based not on what I paid for it but for they believe it to be worth currently. It is 100% a tax on the value of property. It is partially based on unrealized gains. It is no better than what they're proposing doing at the federal level. If the state can seize it for not paying ownership taxes on it then the state actually owns it.

 

[Ingomike]

They raise my taxes every years based not on what I paid for it but for they believe it to be worth currently. It is 100% a tax on the value of property. It is partially based on unrealized gains. It is no better than what they're proposing doing at the federal level. If the state can seize it for not paying ownership taxes on it then the state actually owns it.

The amount of your tax is based on the value, up or down. But it is not a tax on that value. It is a tax for services provided that benefit the property or the owners of property.

 

[phylodog]

The amount of your tax is based on the value, up or down. But it is not a tax on that value. It is a tax for services provided that benefit the property or the owners of property.

Semantics. Value goes up, price goes up. Tax on unrealized gains which prevents actual ownership.