RE: Property Tax IS the Most Evil Tax of Our Time
dude... while i do not agree with most of our government's taxes and fees, i got to say you are way off base on property taxes for the most part. I'm sure there are some places in the country where the property taxes are higher than average, but they're still relatively low in accordance to other taxes out there.. sales taxes average about 7.8% across the nation, Property taxes in general run about 1.78% on average across the country.. i mean hell man, if you can afford to buy that million dollar home, paying 10-17k in property tax is cake.... but lets just go with the avg. median home price which is somewhere around 180K , even if the tax was high @2% it would only be 3600 a yr. still low compared to the tax you would pay for buying a 180k sportscar@ 7% sales tax... sure if you extend the 2% out over say fourty years then it looks like a lot.... but that is simply the price of being a land owner, you have to pay those property taxes for things like : fire and rescue, police, education, road improvements, parks and recreation, public libraries, etc.. there are a lot of things that property tax goes to pay for. if you don't like it, then don't become a land owner, rent from a land owner instead....i'm sure he won't mind paying those taxes ,lol...
Taxation is theft.
On property tax, there is no such things as "being a land owner", you pay property tax if you have a comfortable place to sleep. If you pay rent, you pay the property tax indirectly.
And the prices you stated are equivalent to two months rent/mortgage.
It is not cheap by any means.
being that you can directly will the land to your descendant i will consider that ownership... and i said cheap in relation to other forms of taxation... such as sales, income, etc... and let me see if i understand this correctly, so basically you are bitching about something you pay, regardless of ownership or renting.....and you cannot change?? sounds like the best way to offset those taxes is to make the land pay for itself....