And that’s 2024. Mine have gone up 40% since
And that’s 2024. Mine have gone up 40% since
Are you these people that rent don’t use any services that property taxes provide?Gotta ask it again. I get that property taxes suck and you never own something. I also understand it funds a large chunk of our state’s government. Even cutting to the barest bones, let’s say we are still going to need to replace 70% of those dollars in some other tax. What is a reasonably fair taxation system to replace property taxes?
SD just passed a reduction effort that can be applied per county. The reduction in taxes is done by a half cent replacement sales tax. So I’m now paying it back, just in a different way. And the college kid and single mom in an apartment are now paying more for everything, including the property taxes burden of others, though they own nothing. I struggle to decide whether that is fair or not.
I personally believe any push to abolish property taxes will result in an income tax. It won’t be sales tax, it’ll be income because there is more stability in that tax base. Maybe it’s pick your poison, but if you’re being realistic you know dollars will have to be paid. It’s just where it feels best to pay them from.
They pay the property tax thru their rent, thus funding those services. Now I’m asking them to pay part of mine through a sales tax? That’s my hang up. Their rent sure as hell isn’t going down because the owner gets a tax break.Are you these people that rent don’t use any services that property taxes provide?
Income tax makes a lot more sense so one can actually own his home and not make payments on that the rest of one’s life. The problem with an income tax is equality like you say. Rich guy doesn’t cause any more potholes than the poor guy. The problem with the current property tax structure is also causes an equality issue too. Certain areas have golden roads. And property taxes have made it far too easy to explode budgets. They just never have to say stop. But it’s completely asinine to have to have these discussions while the states had tens of billions hoarded away and ever growing.They pay the property tax thru their rent, thus funding those services. Now I’m asking them to pay part of mine through a sales tax? That’s my hang up. Their rent sure as hell isn’t going down because the owner gets a tax break.
We can argue inequality all day between property owners and renters. We can argue value versus sf all day too. Ultimately, there will be arguments no matter the system. If I have to say, do an income tax. That way when you retire, you can at least stay in the house you own. You pay on income however it’s structured, but the house is clear.
We’re never going to eliminate taxes. We need to minimize spending, quit bitching about every pothole, and come to agree on what it takes to provide basic services. But doubt it will ever happen.
Nope, sounds like typical government greed...We have a situation where our home is in fairly close proximity to some higher end homes. We are in Burleigh county and homes across the street are in Bismarck city limits. We have essentially the equivalent of a well used Chevy in a Cadillac parking lot. A home went up for sale on the city side a year ago and eventually sold for a little over $1M. This fall we received notice from Burleigh County that the assessed value of our home increased by about $80k. When I contacted the County assessment department asking what their justification was for the increase I was informed that part of their appraisal process includes recent home sales in the general area to determine fair market value. We have nothing in common with the home that sold. Our home is 26 YO, likely the smallest finished sq. ft. in the area and would never sell for $80K more that a year ago. Sound Fair?
Dude it's too late. Housing prices are so inflated that unless it's marked so low people wonder what's wrong with it (hint: Foundations are junk) it's going to sit forever.I cant wait for the reeeeeing that will come from Imperial Cass county residents once the diversion project is complete. They will be hit with specials that will be unimaginable. I know if i owned a house or property there i would definitely be thinking about moving.
And the rest of us have had to pay a huge chunk ofDude it's too late. Housing prices are so inflated that unless it's marked so low people wonder what's wrong with it (hint: Foundations are junk) it's going to sit forever.
And for what it's worth, I hated the diversion from day 1. The math don't math, and it's made some wealthy landowners even wealthier. In a city that is drowning in debt.
The entire thing is f'ing laughable if it wasn't so damn sad.