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<blockquote data-quote="Colt45" data-source="post: 406146" data-attributes="member: 1693">if property taxes go away entirely, and that burden gets shifted to sales tax, or whatever new tax they come up with, I suspect lots of folks will end up paying even more in tax than they do now.The problem I see is they just jack up the assessed value on your home up whenever they want which drives up your property tax.Why not eliminate the assessed value and just tax you on the purchase price of your home or property, say at .75% of the purchase price as an example of the tax you would owe, or less if that's to much, and it remains at that rate or tax owed until you sell. The new owner would then be taxed on the purchase price the same way.Make it retroactive back 30 years to give the old folks on a fixed income some well deserved relief. Your property tax would never change as long as you own it.I'm not in favor of a shell game tax system where you just move the tax around, that's an easy way for politicians to screw it up as that is their nature and make a bad system worse.Just my take, I'm sure I am wrong, its just to easy to eliminate it and think the problem is solved.</blockquote>

[QUOTE="Colt45, post: 406146, member: 1693"] if property taxes go away entirely, and that burden gets shifted to sales tax, or whatever new tax they come up with, I suspect lots of folks will end up paying even more in tax than they do now. The problem I see is they just jack up the assessed value on your home up whenever they want which drives up your property tax. Why not eliminate the assessed value and just tax you on the purchase price of your home or property, say at .75% of the purchase price as an example of the tax you would owe, or less if that's to much, and it remains at that rate or tax owed until you sell. The new owner would then be taxed on the purchase price the same way. Make it retroactive back 30 years to give the old folks on a fixed income some well deserved relief. Your property tax would never change as long as you own it. I'm not in favor of a shell game tax system where you just move the tax around, that's an easy way for politicians to screw it up as that is their nature and make a bad system worse. Just my take, I'm sure I am wrong, its just to easy to eliminate it and think the problem is solved. [/QUOTE]

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