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<blockquote data-quote="Duckslayer100" data-source="post: 499389" data-attributes="member: 1485"><p>Property tax is the only tax we are stuck with that is based on the unrealized potential of an asset. Everything else is after the fact. You get taxed AFTER you get paid. You get taxed AFTER buying a case of beer. You get taxed AFTER cashing in on investments. But property tax can go up based on the whimsy of a bean counter, and you're stuck paying it annually whether you ever sell or not (which, by the way, you are TAXED on that sale despite paying for the value of your proprety for years and years and years already).</p><p></p><p>I'm all for everyone paying their fair share for things, but property tax really, really bugs me. ESPECIALLY in towns like Fargo that still hit you with specials if there's any sort of improvement that <em>might</em> benefit your home.</p></blockquote><p></p>
[QUOTE="Duckslayer100, post: 499389, member: 1485"] Property tax is the only tax we are stuck with that is based on the unrealized potential of an asset. Everything else is after the fact. You get taxed AFTER you get paid. You get taxed AFTER buying a case of beer. You get taxed AFTER cashing in on investments. But property tax can go up based on the whimsy of a bean counter, and you're stuck paying it annually whether you ever sell or not (which, by the way, you are TAXED on that sale despite paying for the value of your proprety for years and years and years already). I'm all for everyone paying their fair share for things, but property tax really, really bugs me. ESPECIALLY in towns like Fargo that still hit you with specials if there's any sort of improvement that [I]might[/I] benefit your home. [/QUOTE]
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