Part of that theory is not going to happen.Originally Posted by boneil
Part of that theory is not going to happen.
Every state is different. My mother inlaws went up 107% in 1 year. Luckily hers is still low enough for homestead exemption. Ours here is due to explosion in population, inflation, etc. Scared of what mine is going to do because my is under homestead exemption. My sons in Arkansas went up 64%. Plumb stupid, all of this is manufactured problems. Oh well, live on, I'm still blessed!!!
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It's harsh here for sure. When we sold our last house which I renovated inside and out, I cut-off most of the land and sold 4 AC with the house. The tax bill for just the undeveloped land is now more than taxes we paid for the house and all of the land when we lived there
Some people are so judgemental. You can tell just by looking at 'em.--Some random meme
And then do what. Pay inflated value for a new place? Throw in a crazy high interest rate and in a year when taxes are due on new place you are in same scenario except with a bigger mortgage due to interest rate and increased property value rate.
If someone has investment or rental property or was looking to cash out its a great time to sell but if you still need a primary residence it's all artificial values.
only have 3 houses on the road,they raised the neighbors taxes,neighbors complained,assessor did not lower theirs but instead raised mine WTF!!
My Mom got the homesite exemption. But, right about the time we were eligible, Ohio did away with it for new folks, while those who had it got to keep it. Too many Boomers were going to retire and hurt the amount of money coming into the tax coffers. Bastages!
"The man of system is apt to be very wise in his own conceit; and is often so enamored with the supposed beauty of his own ideal plan of government that he cannot suffer the smallest deviation from any part of it…He seems to imagine that he can arrange the different members of a great society with as much ease as the hand arranges the different pieces upon a chessboard.” Adam Smith, The Theory of Moral Sentiments
Yeah, I know we won't see a balanced budget, but one can hope.
They're eating the Penguins, they're eating the seals...
The interest on the current debt is 1 trillion a year, therefore the budget will never really be balanced correct?
All these sorry bastards piss me off, both sides with all their games, pet projects etc.
We could have a balanced budget. All we have to do is stop increasing spending and let the economy catch up. The problem is it's easy to pass continuing resolutions year after year which include automatic increases. It's difficult for the sorry bastards to actually sit down and work, do a line item budget and then defend every dollar spent on an item.
But of course the Federal Reserve is raising rates combating inflation, slowing our economy, probably to the point of an eventual recession, lowering tax receipts causing the Treasury to issue more debt aka print more money, causing more inflation.............
So in reality, could we have a balanced budget? I don't know. There's probably a very fine line that we could navigate this fiscal cliff but it might be too late. We may look back and see that covid and the spending that took place was the death knell in more ways than one.
They're eating the Penguins, they're eating the seals...
We may someday get a balanced budget but I doubt it. But even then we will have trillions in debt.
why even keep up with it. its all fake money anyway
I appealled our taxes. Thought ours was a little high. Went on real estate sight and printed out houses for sale that showed what taxes they paid.
I said this house is valued about what ours is but only pays half as much tax. This house pays the same tax as us but sells for 3 times as much as ours. Got our taxes cut almost in half.
Mom and dad have a second house here in VA, (primary residence in NY), several years ago, their tax bill on the “River house” more than doubled. Dad had to file a protest and show up in person. At the end of the day, the county changed the MSL to add several feet to the property. Mind you, the property markers did not change, platt map did not change and the MSL did not change (significantly). They were being charged for property that is part of a navigable waterway.
He won at the end but, did have to show up 450 miles from his permanent home. And no, there was no reimbursement for T&L expenses.
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Worse decision I ever made was retiring when I did. I didn’t have near enough money to enjoy it.
100 billion so far....billion with a B
almost my numbers exactly!! strange!!
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mine is over 30%
2022 z519 cup 225 merc 4s ser # 3B210484. 2--hds12 live units. 2 poles, atlas plate, ghost, hamby's, active target, merc digital gauges
2002 basscat pantera 3 (dad bought new) sold 8-2-22
2000 stratos 20 ss (bought new) 200 hp Rude ficht great boat/motor sold 11-21
pulled by a 2500HD Denali will all the BANKS upgrades
MAGA 45-47
ASE/GM Master tech before tools
These figures are why I will vote no on any property tax regardless of what it's for.
Move to where the cost of housing is cheaper. Is t that the bbc way. Don’t like what you’re paid or what the taxes are then move? Ive read that many times here. My comment at selling was actually off the cuff. I’ts human nature to complain about things but I’ve lived long enough to know the grass isn’t always greener.
Dale Sinclair original
Move to where the cost of housing is cheaper. Is t that the bbc way. Don’t like what you’re paid or what the taxes are then move? Ive read that many times here. My comment at selling was actually off the cuff. I’ts human nature to complain about things but I’ve lived long enough to know the grass isn’t always greener.
I can only speak for myself but it all balances out here for me. No state income tax, great place to live, great fishing, personal freedoms are still valued and expressed a bit more. No real complaints here. Don't have to winterize my boat or deal with frozen lakes much at all. Beautiful women, great BBQ, big bass and some of the best Mexican food and TexMex in the world. We fish year round. Life is good.
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