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Then how does services like sewer and water get paid, police, fire departments , road services, please tell me who pays for these services with no property tax
@@jaydrains2247parking meters are a tax. All utilities are taxed. Everything you buy is taxed. Gas is taxed. Toll roads collect millions of dollars each day. Tolls are taxes. The amount of money the state collects as a whole should be more than enough to run the entire state and counties within. A one time purchase tax on the home should be it. If anything, a maximum of 2k a year on each house would be more than enough. Instead of taxing on improvements done. Which had always been ridiculous and just greedy. Disheartening on the owners part.
Don't forget at the end of the day they can print much more than they collect. Lol they are probably laughing at us like the peasants we allow them to treat us as.
People 65 and over who make 25k and less if single, for married couples it's 30k, 100% Disabled vets, Current military are property tax exempt.. So yes we will actually own our homes, the land it sits on.
@@winniethepoohandeeyore2so then the answer is yes. All of that can change depending on who is office. And most of them you have to reaply every year.
@@bunchielove6893 No you don't. ONLY time we have to notify is if we sell, we are no longer 100% disabled vets, no longer a current military, if we are 65 and over and make more than 25k per year if single, more than 30k if married. So, you are wrong
Real Estate comes from the Spanish when they were the champs. Real is Spanish for Royal. Royal Estate. It’s a play on words to hide that we do not truly own the land.
My question is why are city managers making $230,000 - $350,000 @ year especially my city is only 38,000 people. Our city secretary is making $83,000 @ year this is were out tax increase is going. I have looked at a pot hole on a road for over a year they need to shut down these inflated salaries.
I became aware of the position of City manager recently as I'm transitioning out of the service. Personally I don't like how money in our country is managed and would like to be part of the solution. Seeing first hand how contracts can work out of the favor of tax payers, money can be wasted quite easily. I may have to apply for the job in my own city once I'm out the service because I think I can do a better job. If all it takes is fixing stuff in our local economy...that's something I can definitely do.
My sister was a teacher in Palms Springs Ca. The grade school principle was paid over $400000 per year. Very woke school. My sister was only able to teach 1 1/2 hours per day out of a 7 hour day because of having to teach worthless leftwing agenda. .
They shouldn't exist at all. A one time purchase tax should suffice. The amount of taxes and fees states collect as a whole should make yearly property taxes unnecessary. They should just learn how to budget all the millions of dollars they collect. That's minus property taxes.
@@endofsociety The mafia government deflates the value of our currency through inflation by their collective incompetence (centralization always fails), and to add insult to their injury, they increase our taxes because the value of our home went up by a factor of X, X being the same amount their incompetence has deflated the currency. There is no new wealth to be taxed. Just money junkies looking for more money drugs to inject in to their veins.
@@EricHopkinsEHollywood To be perfectly honest, we should tax land that is left fallow and unproductive. If people are producing goods off their land, that is contributing to the overall economy and should be rewarded. Fallow land is a burden. Encourage people to get their land productive. Start a farm, start a bee sanctuary & honey production facility, starts a do a sitting ranch, whatever.
Your sentiment on “moving out” is the reason why I’m considering moving back to Puerto Rico. Property Taxes aren’t a thing there. Once you pay off your house, that’s it! No ongoing taxes, fees, etc. Thank you for your service, sir.
Every time we turn around we are taxed! Tax before I even get my money! Then tax my money again every time I buy something! Then reach in my pocket to park my car. More money, more money, more money! We work to pay the government.
Once your home is paid for, property tax is supposed to stop, as you've paid the debt. In my city, government, all make way to much money's for them to work 3 days a week, plus benefits, and city owned autos.
Here in Oklahoma we have the double homestead exemption. Once we claimed it it halved our property taxes, Also Single People 65 and older who earn 25k and less a year are property tax exempt, Married couples its $30,000. 100% disabled vets are property tax exempt, Current military are property tax exempt.
Nebraska 2022 taxes $2300 2023 taxes $5400 with NO improvements! Just got another notification that they are raising property taxes yet again! We are required to live within our means but the stats/government doesn’t do the same! Some states appraise annually while others do so every 4-7 years…
@@ItsJG303My sister in NJ is now at $15k for a 3 bedroom ranch on 3 acres. They had to gut the entire house before they could even move in because the inside was destroyed by animals. 11 years ago the taxes were $6k. If you fix up your home, you should not be penalized with higher taxes. She is almost 65 and had hoped to never have to move. She will sell next year if she can find a buyer.
@@Nonsensically Yeah I believe it. I’m embarrassed to tell people how much I pay in property taxes. I get so jealous when I hear people in other states paying five times less than what I pay each year. I have a plan to move out of New Jersey and buy a house in another state. The states I’m looking at have cheaper houses and cheaper taxes etc. It will make my life a lot easier if I move. Unfortunately, I still have to save a lot of money for this plan to work but I’m getting there little by little. I just hope it doesn’t take forever to sell my house at a decent price.
@Nonsensically moved out of NJ 21 years ago. My cape on a 40 x 100 lot's taxes then was 6,000 a year on a home built 50 years prior. The taxes on that same home today is 11,000. Insane!
The money is going into corrupt pockets, that's where it's going. It's nice that Michigan is at least thinking of getting rid of the property tax altogether. Here in Texas, property taxes have gone up 400% in my neighborhood. It's ridiculous.
@@blackrealestatedialogue 1 year in some cases. Those are the people who don't fight the taxes. Turns out that most people do NOT fight their taxes. I have a lady on retainer that I pay every year to fight mine.
Schools are underperforming, roads are still riddled with potholes, public safety and emergency services are questionable and unreliable, public physical infrastructure is decrepit and failing.. 🤔So, how exactly is property taxes being used.. There should be no reason for property taxes to increase annually, perhaps institute an every 3-5 years assessment.
@@blackrealestatedialogue Exactly! This maybe an unpopular opinion but poor performance should not be met with more money, including teachers, local government officials, town/city infrastructure, etc. without a detailed plan for the use of said funds explaining the project, scope of work, timeline, quality checks, and expense rationale and justifications.
@@mc8871 I agree 100% it should be treated like any other job. they just spend spend spend. fail fail fail then do it all over again. Meanwhile the average person suffers the consequences.
I appeal my tax assessment every darn year. Those residents better jump on it! The city appraiser was comparing my home to fully renovated flips. I brung my own comps & pics to the hearing.
The problem is that counties are so quick to increase the taxes but never want to reduce the taxes when prices start to waiver. Why doesn’t it work both ways??
A big part of you taxes goes to their pension. Their pension check is twice there base salary when they retire. They have the most lucrative$$$$$ pension plan in the US
@@blackrealestatedialogue 🤣, the best and most lucrative job is with the sheriff, police or fire department. When it comes to pension. The pension is guaranteed cost of living 8% return minimum
@@blackrealestatedialogue do 20 yrs with police department and retire then go join the sheriff department do another 10,15Yrs two different system. Cops in Florida do it all the time
The government needs to tighten their belts just like we have to, I worked for a state agency and they didn’t care about how much money they spent and the spending they did didn’t help the community.
@@maxwn5 demand & supply is what makes prices increase or decrease, so yes eliminating property tax will increase demand in some places but not all. Undesireable places are still undesirable with or without property tax, so it depends on how many buyers view certain properties as desirable. Also depends on if its residential, commercial or agricultural. Unless its big corporations and big investors buying up all the land over a short space of time then the price should not increase too much and if a price increase happens it will be gradually over a long period of time. The key is to simultaneously have legislation to block big investment companies and corporations from buying the tax free land. Limit it to individual buyers looking for primary residence or multi purpose primary residence/ agri / commerial.
You never truly own your property, if you dont pay and they take it, if you owned your property, then no one should be able to take it. Why do we pay taxes every year, everything else you pay taxes once, but with property you continuously pay each year, it should be one and done. Plenty of other taxes that can pay for everything, your taxed when make money, when buy something, when sell something. You buy a car and pay tax, you sell that car you pay tax, you pay taxes every year when renew your plates, you pay taxes when buy things and sell them, you pay taxes on everything, our founding fathers revolted over a 3% tax on tea, now we are paying as much as 50% in taxes, so that they can give to Ukraine, Israel, and other countries, spend on useless things in bigger cities like art, and many other things, all while people are homeless and starving. We have peoplein government being paid outrageous wages.
Finally iv been saying this for months 🙌 👏 I was a debt collector for freedom mortgage and I had people loose their homes due too high property taxes and insurance
Taxes are a big scam. Your earnings are taxed... Then when you used your taxed earnings to buy real estate, that is taxed, then your groceries are taxed, car is taxed, fuel is taxed.. So just go through all your money transactions and see where all you are taxed and you will get genuinely upset.... There has to be a single taxation system. That's it
The root of the problem is government is too damn big. We need massive cuts in spending and desperate layoffs needed in City and County and State government. School board spending is off the rails.. this all needs massive massive cuts. Start eliminating government jobs and school board ridiculous spending.
We should be tying the hands of our local government. There is proof in the pudding. Lowering taxes always creates a better thriving community. You actually get more money lowering taxes because it brings more people to invest in your state/city.
@@blackrealestatedialoguemy house value went up 52%. I’m essentially running for the hills before they hit me with the tax increase. I’m in closing process for both my sale and purchase.
If the government didn't piss away the $$$$ they get we wouldn't need to pay any property taxes! We have to live within our means and it's time the government does too!
They're printing money, there shouldn't be any taxes on anything. This is one of the biggest scams beside insurance. Sell your home and move out of the country forca better life and no or way less property taxes. This is ridiculous.
It's a trick! In Michigan, this just means they want to raise the sales tax again. They did this before in the 90's & now the property taxes that they reduced are right back up & even higher than before with a higher sales tax in place to boot.
The inequality treatment in this country is appalling. People making very small amounts of wages are treated the same with the higher income earners, which is extremely unfair.
Detroit has programs that pay your taxes for you I’m just now signing up this year just imagine being almost done paying your 500k home. Off about to retire and they rise taxes 😢
Our county in NC gave us 10 days to protest the increase from the date we received their letter. That gives you 10 days to find comparable homes that sold. Ridiculous!
Eliminating property taxes works well for big hedge funds like Blackrock which is rapidly acquiring residential property . Is this part of ‘ the plan “?
Eliminate property tax. Don’t let these people lie that the best they can do is cap it so it won’t go up anymore. They know that prices are coming down in real estate so property taxes will follow. So they’ll continue taking property taxes. It’s an unlawful tax. They can take your property away. They’re basically the landlord requiring taxes for you to take on all the risk and work as they claim it goes towards local school etc. then tax people that use those services. Don’t take money and property from people that don’t use those services with no accountability.
I agree..been paying taxes since 1999..no kids...why should I be paying the grammar and high schools in my area that I will never use! Let people who use the schools pay for it!
The only acceptable tax is a reasonable sales tax and interest to a lender if there’s debt. All others, registration, licensing, permits, over-regulation, misappropriation and misrepresentation of funds state, local & fed along with income, property, death tax and other taxes are unlawful. They have been taking advantage of use for a hundred years. Ever wonder why we have a problem passing on generational wealth? Every generation has to basically start over wealth and then be taxed as they go. Unacceptable!
Even if they cap increases on existing homeowner property taxes, a new resident should not be paying exorbitantly more taxes than they're neighbor just because they just moved there.
Long overdue to eliminate property tax and replace with a pay for service model in which you pay for your kids to go to school. You pay for your water, you pay for your sewage, you pay for your electricity, you pay for your roads as you use them, etc.
And if I don't drive, have kids in school, and use almost zero water and elec, my prop tax should also be almost zero. Meanwhile the city service hogs down the block should be paying tons of taxes.
Montgomery County, Maryland, has a rule: if your tax goes over 10%, you get a credit break. However, they now link the credit to income, so if you make more than $55k, you don't get the credit.
Ive been saying that if you really take a look at all the other taxes and fees the states collect as a whole, there really is no need for property taxes. A one time purchase tax would suffice.
Nobody should be put in a position where they loose their ability to own their property. Once property is paid off there should be nothing attached. The owner should own it free and clear. Taxes is a Ripppppppp offf
First I gave up driving because of the insurance increases... Then I gave up my homeowners insurance because they jacked up the prices... Now I have to focus on the Property Taxes that have gone up from $127,500 to $411,000 Valuation!!! Even Zillow says my house has a sale value of $390,000... 😡😡😡
It should be that we pay sales tax on the property when we buy it, then no more taxes on it, period. Around here paying under protest will only result in paying even more. One person I'm aware of paid under protest 5 years in a row. All 5 years his taxes went up even more. Complaining about it in a conversation with a neighbor he was told that the appraiser was "punishing" him to get him to shut up. He quit paying under protest. Afterwards his property taxes still went up but not at the rate they were when he was contesting them.
I don't believe in getting rid of property tax, but I agree with the caps. Capping it allows the public to take a hard line with the government, especially local governments that believe they can tax their way out of deficits. Here in Texas, we all know that when one form of taxes is taken away, they increase in other areas. We have no state income tax, which is AWESOME. However, we have high property and sales taxes to compensate for it. Additionally, we are seeing a rise in toll roads. The caps will also take up fewer resources on both sides because residents don't have to spend time and resources to fight it, and the local government doesn't spend resources on the fight.
In MA, no Vet discount for a husband in navy during a war, but not injured…and no senior tax discount, if making too much money, or too much in retirement accounts. Not fair…..taxes have gone up for the past four years……and keep on climbing. Property value keeps going up…..so their excuse for rising taxes. ….and no homestead exemption either!!!!! We are hard working seniors….still working at 79. Also !almost half of our teacher pensions stolen AFTER retirement in RI, thanks to the former RI Gov. Raimondo…..no Biden’s Commerce Sex. Promoted for stealing our hard earned money. LAO NO Social Security due to the WEP/GPO So UNFAIR!
the state of MA should be ashamed for not providing a senior and veteran exemption to you. I'm sorry that you're experiencing this. Thank you to your husband for his service 🇺🇸
Idaho already has a property tax reduction program for owners of a certain age and income level. The problem is it's not communicated to those that could use it. I was eligible for three years before I heard about it and applied for it.
Tbh, this ridiculous high rise in “Property Taxes” has me wanting to move back home (Puerto Rico) where this ain’t even a thing! Once you pay off your house, that’s it! No ongoing taxation, fees, etc. America looking very different in 2024 then when I moved in 2010. Florida housing market ain’t looking robust/great either. It’s a shame, really…
Limiting what local governments can spend and tax caps are the answer. Stop ALL new initiatives. In particular, break up large school districts. Keep as much government local as possible so citizens still have control. If local institutions are funded by statewide income and sales taxes you have none whatsoever. A management pyramid will form with tens of thousands of highly paid and unnecessary bureaucrats. That is your biggest revenue drain.
Property taxes in Kansas is elderly and disabled people abuse due to fixed income. Our government gives tax breaks of 10, 5, and 3 years to developers that are in our community to make improvement for sales to Mexican and other immigrants. Developers that harass many elders as does the appraise office, school districts that votes in a revenue increase. Giants working together against the elderly, the disabled, and the poor who no longer gets loans at banks. Americans tax payers that have been loyal to this country, especially the elderly are being pushed out to be homeless for the rich and those that are hungry coming in that are given home loans.
There should be no property taxes. People have to sue the government for that. It’s not in the constitution show me where it’s in the constitution it’s not there.
its just a matter of time before all the states have to do this. If a few states do this then people in the rest of the states will be pressuring their states to do this too. if enough people speak up they will have to do it.
Technically the 10th Amendment defers property taxes to the states, which make it a local tax. The 16th Amendment only permits a federal income tax. There is a movement in Congress to tax unrealized gains - a wealth tax, but a federal unrealized gains tax is probably unconstititional. But, at the local level, a property tax is a legal tax on unrealized gains. Most if the assessmentbisnt a real value increase, it's inflation, but wages arent increasing.
Insurance is a scam period. State Farm had whistleblowers come forward about how they were forced to deny claims and shred documents after Katrina and that company has continued (Sandy) with their BS without missing a beat. I was informed that it would cost me $310 a month to have basic liability on my almost 20 year old vehicle (I don’t provide anyone with my SS number). It is more for financially sound to put that money aside every month into an interest bearing account “just in case”. It should be a crime that we don’t have options. Or there should be some partial refund policy if you pay and never have an accident.
The concern with property tax - is nearly all of the property appreciation is from inflation. Inflation is an insidious unlegislated tax. Property taxes becomes a kind of inflation tax - while wages do not increase
My property taxes went up 50% in one year even with the Homestead Act as a retired senior that was tough.. fortunately I had had my home reappraised the year before 2022 and was able to dispute it and get it down some but it still raised it more than what we had been paying before we were eligible for the Homestead Act. If it keeps raising like that I may not be able to hang on to my little house they are planning to build high rise apartments across the street from my house and I am worried about how that will affect my property values as well as my neighbors. Yes we need No Property taxes sad thing about it is over half my property taxes are for schools we never had children so for 30 years we've paid for something that didn't even affect us. Anna In Ohio
Property tax is theft. Or, at least, attempted theft. Not making the taxation is theft argument. Raising property taxes is attempted theft given that not paying property taxes can cause you to lose your home or force you to sell. Either one is holding your home over your head if you can’t pay. The government knows this and continues to do it. Plenty of other ways to raise the money needed for the services that property taxes supposedly pay for. Increase sales tax would be one. At the very least, you could freeze the taxes and never increase them unless the property is sold. Doesn’t matter how much value you add to the property. That number doesn’t move until you sell.
BETTER TO ADOPT ZERO BASED BUDGETTING, HOUSING TAX MUST ONLY EQUAL TO THE COST OF PROVIDING CIVIC SERVICES TO HOMES LIKE REPAIRING ROADS ETC... ALSO TO COVER WATER AND ELECTRICITY PROVIDING COSTS BUT IN USA - THOSE COSTS ARE COVERED BY WATER SUPPLYING AND POWER PROVIDING COMPANIES. NO NEED FOR HOUSE TAXES TO COVER COST OF PROVIDING SCHOOL EDUCATION, WHICH CAN BE COVERED DIRECTLY FROM SCHOOL FEES.
I pay around $2000 a year on my property taxes on a home I paid $1100 for they seem like they went up about $300 but I haven’t been paying attention I live in Michigan it’s not a problem but this country is wish I could take my house to another country😅
I'm curious, when he says people are having to sell their homes due to runaway real estate taxes. Who are they selling to? aren't the prospective buyers going to have the same problem? The new owners will find themselves unable to afford the real estat tax, if not today then down the road maybe a year or 2 down the road they won't be able to pay.
the tenants of owned homes are caretakers for the county...nothing more nothing less...caretaking not on the county budget but out of their own pocket with the threat of tax lien foreclosure looming...
its the purchasing power of the dollar manipulated to go down...thomas jefferson said if we let bankers manipulate our currency our great grand children will wake up homeless on the continent their forefathers founded. another thing is the stupid property tax which you will have to pay. example grandfather buys house in 1965 for $18,000 dollars, ends up paying mortgae for 30 years where he pays over 100,000$ dollars. plus taxes every year on top of all that. after mortage is paid off in 1996, still has to pay between $2000-$5000 a year for property tax for that house. years down the road the 95 year old wife thats on social security barely can make ends meet every month. it gets to a point that the property tax cant be afforded anymore and the gov takes that house. if a house can be in your family for over 60-70 years and it can be taken from you because you cant pay $2300 property taxes for that year its time for a revolution. do you know what the definition of a mortgage is? mort - means death, gage -means pledge. so your mortgage actually means death pledge.
An important variable of this problem is that wages haven’t kept up with inflation. Everybody signed up for the theory that wages would increase with productivity and we have yet to see the rocket take off. I’m sorry but having a hard time blaming taxes on everything when companies are actively choosing not to create a surplus utilizing the tech they already get write offs for. They are not using the money we give them in the way we signed up for!
26%? How about sextupled property taxes by Miami-Dade county for a retired person? Every year since 2012 it's been a nightmare. I am also a senior and WAS retired. Needless to say had to go back to work.
This is heartbreaking and I’m so sorry you had to experience this. I wish you the best. Did you ever try to contest? I wonder if there are any protections for seniors?
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Hi, do you know when MI will end property tax charges???
Yep 💯 that’s why I bought property overseas WHERE THEY DONT CONTROL YOU AND MAKE YOU PAT ANOTHER PENNY ONCE YOU BUY IT AND OWN IT!!!
Once you buy a home that should be it, no taxes.
Def understand you
Then how does services like sewer and water get paid, police, fire departments , road services, please tell me who pays for these services with no property tax
@@jaydrains2247flat tax.
@@jaydrains2247parking meters are a tax. All utilities are taxed. Everything you buy is taxed. Gas is taxed. Toll roads collect millions of dollars each day. Tolls are taxes. The amount of money the state collects as a whole should be more than enough to run the entire state and counties within. A one time purchase tax on the home should be it. If anything, a maximum of 2k a year on each house would be more than enough. Instead of taxing on improvements done. Which had always been ridiculous and just greedy. Disheartening on the owners part.
Don't forget at the end of the day they can print much more than they collect.
Lol they are probably laughing at us like the peasants we allow them to treat us as.
Owning a home becomes endless debt to government. WTF.
Losing a Property for not paying tax means you don’t own shit in this country
😫
People 65 and over who make 25k and less if single, for married couples it's 30k, 100% Disabled vets, Current military are property tax exempt.. So yes we will actually own our homes, the land it sits on.
@@winniethepoohandeeyore2so then the answer is yes. All of that can change depending on who is office. And most of them you have to reaply every year.
@@bunchielove6893 No you don't. ONLY time we have to notify is if we sell, we are no longer 100% disabled vets, no longer a current military, if we are 65 and over and make more than 25k per year if single, more than 30k if married. So, you are wrong
Real Estate comes from the Spanish when they were the champs. Real is Spanish for Royal. Royal Estate. It’s a play on words to hide that we do not truly own the land.
My question is why are city managers making $230,000 - $350,000 @ year especially my city is only 38,000 people. Our city secretary is making $83,000 @ year this is were out tax increase is going. I have looked at a pot hole on a road for over a year they need to shut down these inflated salaries.
Hmmmmmmmmmm 👀👀. They def need to Fix that pot hole
Plus they might get pensions…
I became aware of the position of City manager recently as I'm transitioning out of the service.
Personally I don't like how money in our country is managed and would like to be part of the solution.
Seeing first hand how contracts can work out of the favor of tax payers, money can be wasted quite easily. I may have to apply for the job in my own city once I'm out the service because I think I can do a better job. If all it takes is fixing stuff in our local economy...that's something I can definitely do.
Lol... u live in pa by chance?.... the roads here have been a joke for 40+ years now. Just look up google images of drunk driving vs sober driving pa
My sister was a teacher in Palms Springs Ca. The grade school principle was paid over $400000 per year. Very woke school. My sister was only able to teach 1 1/2 hours per day out of a 7 hour day because of having to teach worthless leftwing agenda. .
Property taxes should never be valued by the cost of a home!!!
😫😫😫
Right! IMO it should be based off the improvements of the land itself not the improvement or value of fixtures on the land.
They shouldn't exist at all. A one time purchase tax should suffice. The amount of taxes and fees states collect as a whole should make yearly property taxes unnecessary. They should just learn how to budget all the millions of dollars they collect. That's minus property taxes.
@@endofsociety The mafia government deflates the value of our currency through inflation by their collective incompetence (centralization always fails), and to add insult to their injury, they increase our taxes because the value of our home went up by a factor of X, X being the same amount their incompetence has deflated the currency. There is no new wealth to be taxed. Just money junkies looking for more money drugs to inject in to their veins.
@@EricHopkinsEHollywood To be perfectly honest, we should tax land that is left fallow and unproductive. If people are producing goods off their land, that is contributing to the overall economy and should be rewarded. Fallow land is a burden. Encourage people to get their land productive. Start a farm, start a bee sanctuary & honey production facility, starts a do a sitting ranch, whatever.
Greed is destroying America. I'm retired Navy and can't even afford to live in my own country. I have to leave America by the end of the year.
That’s awful 🤦🏾♂️. Thanks for your service.
Your sentiment on “moving out” is the reason why I’m considering moving back to Puerto Rico. Property Taxes aren’t a thing there. Once you pay off your house, that’s it! No ongoing taxes, fees, etc. Thank you for your service, sir.
I'm leaving the US as well !
It is similar disaster all over the world
Sad
Property taxes is a scam no matter where or which state!
Feels like a scam for sure
@@blackrealestatedialogue Exactly
Local governments need 1000% transparency on where/what the money goes towards in the budget.
Greedy assessors and they have no heart for home owners
Yes sir!
People work hard to pay for something they will never own its insanity
Sad stuff
You never own anything. This land not ours either.
Elderly, sick, disabled losing their homes through taxes.
Absolutely disgusting that they are letting that happen
Taxes is bulllshit
They're clearing houses. NWO.
Shameful
Mafia government doing what mafia scum do - rip people off.
Every time we turn around we are taxed! Tax before I even get my money! Then tax my money again every time I buy something! Then reach in my pocket to park my car. More money, more money, more money! We work to pay the government.
And it literally makes no sense because many schools still don’t perform, roads fill with pot holes and it goes on and on smh
Yep
Because we are all slave, hard-working people for elites
This is what cause the French Revolution (also the American Revolution too)!
That's here in Oregon. Nothing is reasonable anymore. Too expensive for struggling families
It's illegal to charge you property taxes on your private home...Its not commercial!
Property tax is another form of unrealized gain tax.
😫😫
So true based on a made up sum instead of what you paid for and what you pay to maintain it.
Once your home is paid for, property tax is supposed to stop, as you've paid the debt. In my city, government, all make way to much money's for them to work 3 days a week, plus benefits, and city owned autos.
Here in Oklahoma we have the double homestead exemption. Once we claimed it it halved our property taxes, Also Single People 65 and older who earn 25k and less a year are property tax exempt, Married couples its $30,000. 100% disabled vets are property tax exempt, Current military are property tax exempt.
That’s good to hear!
@@blackrealestatedialogue Yep, huge help!
That’s because nobody wants to live in Oklahoma
Does it impact the quality of education? I’m asking because I believe property taxes are used to provide funding to public schools.
@@peacefreedom4930 There's still ALOT of people who pay some form of property taxes
Nebraska
2022 taxes $2300
2023 taxes $5400 with NO improvements! Just got another notification that they are raising property taxes yet again! We are required to live within our means but the stats/government doesn’t do the same!
Some states appraise annually while others do so every 4-7 years…
That’s insane I’m so sorry to hear this. Please contest that increase
Don’t come to New Jersey. There’s people paying $11,000 a year on their property tax
@@ItsJG303My sister in NJ is now at $15k for a 3 bedroom ranch on 3 acres. They had to gut the entire house before they could even move in because the inside was destroyed by animals. 11 years ago the taxes were $6k. If you fix up your home, you should not be penalized with higher taxes. She is almost 65 and had hoped to never have to move. She will sell next year if she can find a buyer.
@@Nonsensically Yeah I believe it. I’m embarrassed to tell people how much I pay in property taxes. I get so jealous when I hear people in other states paying five times less than what I pay each year. I have a plan to move out of New Jersey and buy a house in another state. The states I’m looking at have cheaper houses and cheaper taxes etc. It will make my life a lot easier if I move. Unfortunately, I still have to save a lot of money for this plan to work but I’m getting there little by little. I just hope it doesn’t take forever to sell my house at a decent price.
@Nonsensically moved out of NJ 21 years ago. My cape on a 40 x 100 lot's taxes then was 6,000 a year on a home built 50 years prior. The taxes on that same home today is 11,000. Insane!
The money is going into corrupt pockets, that's where it's going. It's nice that Michigan is at least thinking of getting rid of the property tax altogether. Here in Texas, property taxes have gone up 400% in my neighborhood. It's ridiculous.
400% over what period of time?
@@blackrealestatedialogue 1 year in some cases. Those are the people who don't fight the taxes. Turns out that most people do NOT fight their taxes. I have a lady on retainer that I pay every year to fight mine.
Schools are underperforming, roads are still riddled with potholes, public safety and emergency services are questionable and unreliable, public physical infrastructure is decrepit and failing.. 🤔So, how exactly is property taxes being used.. There should be no reason for property taxes to increase annually, perhaps institute an every 3-5 years assessment.
Make it make sense! How come there isn’t accountability to ensure our money is being spent most effectively?
@@blackrealestatedialogue Exactly! This maybe an unpopular opinion but poor performance should not be met with more money, including teachers, local government officials, town/city infrastructure, etc. without a detailed plan for the use of said funds explaining the project, scope of work, timeline, quality checks, and expense rationale and justifications.
@@mc8871 I agree 100% it should be treated like any other job. they just spend spend spend. fail fail fail then do it all over again. Meanwhile the average person suffers the consequences.
No! Ban and outlaw all property taxes and millage!! State sales taxes rake in billions or at least millions each year per state!!
We were supposed to have the best roads and schools due to the marijuana tax…….where did this money go?? - yes, we’re a mile high……😮
I appeal my tax assessment every darn year. Those residents better jump on it! The city appraiser was comparing my home to fully renovated flips. I brung my own comps & pics to the hearing.
I’m glad you contest them! I agree everyone better get on it! Gotta fight for ourselves bc they sure won’t
I did that too challenged my assessment my house 100 years old I got a huge bill bought estimates of all repairs and picture and it went down
How much property tax do the tax office employees pay ?!
The problem is that counties are so quick to increase the taxes but never want to reduce the taxes when prices start to waiver. Why doesn’t it work both ways??
This is a fair point.
A big part of you taxes goes to their pension. Their pension check is twice there base salary when they retire. They have the most lucrative$$$$$ pension plan in the US
Sounds like we need to get govt jobs 😂
@@blackrealestatedialogue 🤣, the best and most lucrative job is with the sheriff, police or fire department. When it comes to pension. The pension is guaranteed cost of living 8% return minimum
@@61zulu61 *me going to find applications* 🤣
@@blackrealestatedialogue do 20 yrs with police department and retire then go join the sheriff department do another 10,15Yrs two different system. Cops in Florida do it all the time
The government needs to tighten their belts just like we have to, I worked for a state agency and they didn’t care about how much money they spent and the spending they did didn’t help the community.
Nice. Eliminate propert tax! I will buy property in the states that eliminate property tax.
Might run the prices up 😫
This is exactly why eliminating property tax will not make housing more affordable
@@maxwn5 demand & supply is what makes prices increase or decrease, so yes eliminating property tax will increase demand in some places but not all. Undesireable places are still undesirable with or without property tax, so it depends on how many buyers view certain properties as desirable. Also depends on if its residential, commercial or agricultural. Unless its big corporations and big investors buying up all the land over a short space of time then the price should not increase too much and if a price increase happens it will be gradually over a long period of time. The key is to simultaneously have legislation to block big investment companies and corporations from buying the tax free land. Limit it to individual buyers looking for primary residence or multi purpose primary residence/ agri / commerial.
😊
.n2@@maxwn5
We're getting hammered here in South Florida.
It’s truly heart breaking
the voters voted for the increase ..it was on the ballot... 67% or more said yes..
So, how is that no state tax working out 😅
@@TrollinOn22s This is not happening in all counties mainly blue counties...remember to vote blue and we will be blue...
Dido!
You never truly own your property, if you dont pay and they take it, if you owned your property, then no one should be able to take it. Why do we pay taxes every year, everything else you pay taxes once, but with property you continuously pay each year, it should be one and done. Plenty of other taxes that can pay for everything, your taxed when make money, when buy something, when sell something. You buy a car and pay tax, you sell that car you pay tax, you pay taxes every year when renew your plates, you pay taxes when buy things and sell them, you pay taxes on everything, our founding fathers revolted over a 3% tax on tea, now we are paying as much as 50% in taxes, so that they can give to Ukraine, Israel, and other countries, spend on useless things in bigger cities like art, and many other things, all while people are homeless and starving. We have peoplein government being paid outrageous wages.
Crazy isn’t it?
As they should. There should never be taxes on homes or cars or food and clothes...
Thanks for sharing
Finally iv been saying this for months 🙌 👏 I was a debt collector for freedom mortgage and I had people loose their homes due too high property taxes and insurance
Awful 😫
Taxes are a big scam. Your earnings are taxed... Then when you used your taxed earnings to buy real estate, that is taxed, then your groceries are taxed, car is taxed, fuel is taxed..
So just go through all your money transactions and see where all you are taxed and you will get genuinely upset....
There has to be a single taxation system. That's it
Taxes left and right it makes no sense
@@blackrealestatedialogue listen Jordan Maxwell. He explained everything.
The root of the problem is government is too damn big. We need massive cuts in spending and desperate layoffs needed in City and County and State government. School board spending is off the rails.. this all needs massive massive cuts. Start eliminating government jobs and school board ridiculous spending.
Property Tax is not good for Elder, Disability, Cancer Sickness, Loss Jobs, Depression, anxiety disorder, Single Mom, etc please no property tax
We should be tying the hands of our local government. There is proof in the pudding. Lowering taxes always creates a better thriving community. You actually get more money lowering taxes because it brings more people to invest in your state/city.
This is an awesome point
They give tax abatements to developers. But not to private home "owners". Regular people have to pay it all.
My house went up 52% in value since purchasing. As a result I'm selling and moving to a cheaper cost of living area in my state.
Sorry to hear that. They should not have allowed your taxes to go up that much. Have you contested? What state are you in?
@@blackrealestatedialoguemy house value went up 52%. I’m essentially running for the hills before they hit me with the tax increase. I’m in closing process for both my sale and purchase.
@ts9971 which state are you located?
@@ts9971 glad you're getting out before they increase!
In Indiana, an investment property to use as a rental may shock you that the taxes are double the property tax.
This should be a case for the supreme court.
Haha, would you really want the present supreme court to give you any tax breaks!?! They work for trump n the wealthy people.
just 2 states wanted to eliminate the property tax, the rest only wanted to place a CAP ON PROPERTY TAX!! BIG DIFFERENCE!!!
With inflation so high, a permanent cap on property tax is a big savings. A temporary cap is just political posturing.
I sold my grandma house from 1920. Down side because taxes went from $1900 to 4,000. But SSI cut me off
First state to have only sales tax will be very popular. Property tax should still apply to investors though.
Thanks for sharing
If the government didn't piss away the $$$$ they get we wouldn't need to pay any property taxes! We have to live within our means and it's time the government does too!
very valid point to be honest.
They're printing money, there shouldn't be any taxes on anything. This is one of the biggest scams beside insurance. Sell your home and move out of the country forca better life and no or way less property taxes. This is ridiculous.
It's a trick! In Michigan, this just means they want to raise the sales tax again. They did this before in the 90's & now the property taxes that they reduced are right back up & even higher than before with a higher sales tax in place to boot.
Do you think limiting the increases is better than eliminating?
I thought we had a cap in Michigan?! It’s ridiculous either way
Taxes in the Midwest are still high even with the Homestead Exemption. $650, $750, $850 per month for a 2-3 bed home !!
My goodness
The inequality treatment in this country is appalling. People making very small amounts of wages are treated the same with the higher income earners, which is extremely unfair.
feels very unfair to be honest
Detroit has programs that pay your taxes for you I’m just now signing up this year just imagine being almost done paying your 500k home. Off about to retire and they rise taxes 😢
Hope the programs helps you!
The objective is to get rid of all property taxes from all 50 states. As part of the financial property again...🙌
In the freest country on the world nothing is really yours. If it's taxed it not yours.
Thank you for being a truly kind person and genuinely helping others. Blessings and gratitude ✨🙏✨
You’re welcome, thanks for your kind words
No accountability of government!
Our county in NC gave us 10 days to protest the increase from the date we received their letter. That gives you 10 days to find comparable homes that sold. Ridiculous!
10 days? Sounds like they are up to something smh
Eliminating property taxes works well for big hedge funds like Blackrock which is rapidly acquiring residential property . Is this part of ‘ the plan “?
Me either……they spend too much anyway, and it mostly waste…..no accountability at all.
exactly!
So sad and thanks to our government / politicians for making our life so miserable with TAX
Eliminate property tax. Don’t let these people lie that the best they can do is cap it so it won’t go up anymore. They know that prices are coming down in real estate so property taxes will follow. So they’ll continue taking property taxes. It’s an unlawful tax. They can take your property away. They’re basically the landlord requiring taxes for you to take on all the risk and work as they claim it goes towards local school etc. then tax people that use those services. Don’t take money and property from people that don’t use those services with no accountability.
Why us folks have no kids. Why do we have to pay for it? We got no kids we pay for school. Do we get school for free?
Hmmmmmmm👀
In my state we have a school tax that everyone pays home owner or not I'm like I have no kids it's not my responsibility haven't paid it in 5 years
I had to homeschool :/
I agree..been paying taxes since 1999..no kids...why should I be paying the grammar and high schools in my area that I will never use! Let people who use the schools pay for it!
@@snow40741because someone paid for your school and that’s how taxes work. I pay Medicare Medicaid taxes and don’t use it either.
only tax should be sales tax, if any.
Don’t blame you
The only acceptable tax is a reasonable sales tax and interest to a lender if there’s debt. All others, registration, licensing, permits, over-regulation, misappropriation and misrepresentation of funds state, local & fed along with income, property, death tax and other taxes are unlawful. They have been taking advantage of use for a hundred years. Ever wonder why we have a problem passing on generational wealth? Every generation has to basically start over wealth and then be taxed as they go. Unacceptable!
This is great information. Thank you
Even if they cap increases on existing homeowner property taxes, a new resident should not be paying exorbitantly more taxes than they're neighbor just because they just moved there.
I agree. That’s another huge issue. It should be a gradual increase imo
Long overdue to eliminate property tax and replace with a pay for service model in which you pay for your kids to go to school. You pay for your water, you pay for your sewage, you pay for your electricity, you pay for your roads as you use them, etc.
That’s an interesting idea
And if I don't drive, have kids in school, and use almost zero water and elec, my prop tax should also be almost zero. Meanwhile the city service hogs down the block should be paying tons of taxes.
The cash flow on one of my rental properties was reduced by 23% after my property tax increase.
That’s horrible. What state?
I think they should be outlawed it's nothing short of stealing
😫😫
Montgomery County, Maryland, has a rule: if your tax goes over 10%, you get a credit break. However, they now link the credit to income, so if you make more than $55k, you don't get the credit.
Ridiculous
This was enjoyable to learn.
Thank You! This is my 1st time here.
Will share!
Thanks so much and glad you enjoyed. Welcome aboard!
What no government is too big. No union for public employees. No property taxes period.
Somethings has to give because these politicians don’t stand on anything but corruption!
Ive been saying that if you really take a look at all the other taxes and fees the states collect as a whole, there really is no need for property taxes. A one time purchase tax would suffice.
Nobody should be put in a position where they loose their ability to own their property. Once property is paid off there should be nothing attached. The owner should own it free and clear. Taxes is a Ripppppppp offf
First I gave up driving because of the insurance increases... Then I gave up my homeowners insurance because they jacked up the prices... Now I have to focus on the Property Taxes that have gone up from $127,500 to $411,000 Valuation!!! Even Zillow says my house has a sale value of $390,000... 😡😡😡
It’s unbelievable they are trying to take everything away from the everyday person
THANK YOU FOR POSTING THIS BROTHER.
You're welcome, thanks for the support!
It should be that we pay sales tax on the property when we buy it, then no more taxes on it, period. Around here paying under protest will only result in paying even more. One person I'm aware of paid under protest 5 years in a row. All 5 years his taxes went up even more. Complaining about it in a conversation with a neighbor he was told that the appraiser was "punishing" him to get him to shut up. He quit paying under protest. Afterwards his property taxes still went up but not at the rate they were when he was contesting them.
Property Taxes is our biggest problem here in Texas.
I don't believe in getting rid of property tax, but I agree with the caps. Capping it allows the public to take a hard line with the government, especially local governments that believe they can tax their way out of deficits. Here in Texas, we all know that when one form of taxes is taken away, they increase in other areas. We have no state income tax, which is AWESOME. However, we have high property and sales taxes to compensate for it. Additionally, we are seeing a rise in toll roads. The caps will also take up fewer resources on both sides because residents don't have to spend time and resources to fight it, and the local government doesn't spend resources on the fight.
I understand where you’re coming from. I think at minimum a cap is fair. Thanks for sharing that local insight that’s very interesting.
In MA, no Vet discount for a husband in navy during a war, but not injured…and no senior tax discount, if making too much money, or too much in retirement accounts. Not fair…..taxes have gone up for the past four years……and keep on climbing. Property value keeps going up…..so their excuse for rising taxes. ….and no homestead exemption either!!!!! We are hard working seniors….still working at 79. Also !almost half of our teacher pensions stolen AFTER retirement in RI, thanks to the former RI Gov. Raimondo…..no Biden’s Commerce Sex. Promoted for stealing our hard earned money. LAO NO Social Security due to the WEP/GPO So UNFAIR!
the state of MA should be ashamed for not providing a senior and veteran exemption to you. I'm sorry that you're experiencing this. Thank you to your husband for his service 🇺🇸
Idaho already has a property tax reduction program for owners of a certain age and income level.
The problem is it's not communicated to those that could use it. I was eligible for three years before I heard about it and applied for it.
Maybe instead of hiking taxes, government should cut spending and live within our means.
Tbh, this ridiculous high rise in “Property Taxes” has me wanting to move back home (Puerto Rico) where this ain’t even a thing! Once you pay off your house, that’s it! No ongoing taxation, fees, etc. America looking very different in 2024 then when I moved in 2010. Florida housing market ain’t looking robust/great either. It’s a shame, really…
PR is sounding wonderful right now 😫
Limiting what local governments can spend and tax caps are the answer. Stop ALL new initiatives. In particular, break up large school districts. Keep as much government local as possible so citizens still have control. If local institutions are funded by statewide income and sales taxes you have none whatsoever. A management pyramid will form with tens of thousands of highly paid and unnecessary bureaucrats. That is your biggest revenue drain.
Property taxes in Kansas is elderly and disabled people abuse due to fixed income. Our government gives tax breaks of 10, 5, and 3 years to developers that are in our community to make improvement for sales to Mexican and other immigrants. Developers that harass many elders as does the appraise office, school districts that votes in a revenue increase. Giants working together against the elderly, the disabled, and the poor who no longer gets loans at banks. Americans tax payers that have been loyal to this country, especially the elderly are being pushed out to be homeless for the rich and those that are hungry coming in that are given home loans.
Very well said. The lack of protection for elders in some states is absolutely disgusting
There should be no property taxes. People have to sue the government for that. It’s not in the constitution show me where it’s in the constitution it’s not there.
Basically they want renters, but they’re not gonna have renters because nobody’s gonna rent a damn thing
its just a matter of time before all the states have to do this. If a few states do this then people in the rest of the states will be pressuring their states to do this too. if enough people speak up they will have to do it.
If it's PRIVATE property why does the PUBLIC (government) have the right to keep taxing it?
Technically the 10th Amendment defers property taxes to the states, which make it a local tax. The 16th Amendment only permits a federal income tax. There is a movement in Congress to tax unrealized gains - a wealth tax, but a federal unrealized gains tax is probably unconstititional. But, at the local level, a property tax is a legal tax on unrealized gains.
Most if the assessmentbisnt a real value increase, it's inflation, but wages arent increasing.
@@timothykeith1367 Based on your observation. There’s no such thing as “private property.”
Insurance is a scam period. State Farm had whistleblowers come forward about how they were forced to deny claims and shred documents after Katrina and that company has continued (Sandy) with their BS without missing a beat. I was informed that it would cost me $310 a month to have basic liability on my almost 20 year old vehicle (I don’t provide anyone with my SS number). It is more for financially sound to put that money aside every month into an interest bearing account “just in case”. It should be a crime that we don’t have options. Or there should be some partial refund policy if you pay and never have an accident.
That’s so crazy smh
The concern with property tax - is nearly all of the property appreciation is from inflation. Inflation is an insidious unlegislated tax. Property taxes becomes a kind of inflation tax - while wages do not increase
This is a fair point
I remember the old way was a fixed tax,but we need to consider controlling county and city project funding approvals!!!
In the USA you never own your property fully.
Def feels like that
My property taxes went up 50% in one year even with the Homestead Act as a retired senior that was tough.. fortunately I had had my home reappraised the year before 2022 and was able to dispute it and get it down some but it still raised it more than what we had been paying before we were eligible for the Homestead Act. If it keeps raising like that I may not be able to hang on to my little house they are planning to build high rise apartments across the street from my house and I am worried about how that will affect my property values as well as my neighbors. Yes we need No Property taxes sad thing about it is over half my property taxes are for schools we never had children so for 30 years we've paid for something that didn't even affect us. Anna In Ohio
As a Real Estate Appraiser that works in tax assessments I’m say this. Future sales price are tomorrow assessed values.
Property tax is theft. Or, at least, attempted theft.
Not making the taxation is theft argument. Raising property taxes is attempted theft given that not paying property taxes can cause you to lose your home or force you to sell. Either one is holding your home over your head if you can’t pay. The government knows this and continues to do it.
Plenty of other ways to raise the money needed for the services that property taxes supposedly pay for.
Increase sales tax would be one.
At the very least, you could freeze the taxes and never increase them unless the property is sold. Doesn’t matter how much value you add to the property.
That number doesn’t move until you sell.
Property taxes makes no sense. Why do you have to pay property taxes on property you can never own?
BETTER TO ADOPT ZERO BASED BUDGETTING, HOUSING TAX MUST ONLY EQUAL TO THE COST OF PROVIDING CIVIC SERVICES TO HOMES LIKE REPAIRING ROADS ETC... ALSO TO COVER WATER AND ELECTRICITY PROVIDING COSTS BUT IN USA - THOSE COSTS ARE COVERED BY WATER SUPPLYING AND POWER PROVIDING COMPANIES. NO NEED FOR HOUSE TAXES TO COVER COST OF PROVIDING SCHOOL EDUCATION, WHICH CAN BE COVERED DIRECTLY FROM SCHOOL FEES.
Thanks for sharing 💪🏾
I pay around $2000 a year on my property taxes on a home I paid $1100 for they seem like they went up about $300 but I haven’t been paying attention I live in Michigan it’s not a problem but this country is wish I could take my house to another country😅
Totally understand where you coming from
Africa but not Kenyan blood bath over there now! Regarding land taxes!!🙏❤
Pennsylvania and NJ, my exboss's home was charged $13,000 property tax.
insane!
I'm curious, when he says people are having to sell their homes due to runaway real estate taxes. Who are they selling to? aren't the prospective buyers going to have the same problem? The new owners will find themselves unable to afford the real estat tax, if not today then down the road maybe a year or 2 down the road they won't be able to pay.
Excellent point it’s such a tough situation. If someone buys they’ll get a low ball offer most likely
The money homeowners pay in property taxes are not being allocated approximately.
In large part you are probably correct
the tenants of owned homes are caretakers for the county...nothing more nothing less...caretaking not on the county budget but out of their own pocket with the threat of tax lien foreclosure looming...
Hmmmm
Property taxes is NOT the only thing messing us up. Forgot to add home insurance and HOA if you have any!
I agree! I’ve made some videos about that (insurance and hoa) feel free to check them out
its the purchasing power of the dollar manipulated to go down...thomas jefferson said if we let bankers manipulate our currency our great grand children will wake up homeless on the continent their forefathers founded. another thing is the stupid property tax which you will have to pay. example grandfather buys house in 1965 for $18,000 dollars, ends up paying mortgae for 30 years where he pays over 100,000$ dollars. plus taxes every year on top of all that. after mortage is paid off in 1996, still has to pay between $2000-$5000 a year for property tax for that house. years down the road the 95 year old wife thats on social security barely can make ends meet every month. it gets to a point that the property tax cant be afforded anymore and the gov takes that house. if a house can be in your family for over 60-70 years and it can be taken from you because you cant pay $2300 property taxes for that year its time for a revolution. do you know what the definition of a mortgage is? mort - means death, gage -means pledge. so your mortgage actually means death pledge.
What happened to our Constitutional protection to be secure in our property? I think the governments are ignoring that.
Hmmm
An important variable of this problem is that wages haven’t kept up with inflation. Everybody signed up for the theory that wages would increase with productivity and we have yet to see the rocket take off. I’m sorry but having a hard time blaming taxes on everything when companies are actively choosing not to create a surplus utilizing the tech they already get write offs for. They are not using the money we give them in the way we signed up for!
26%? How about sextupled property taxes by Miami-Dade county for a retired person? Every year since 2012 it's been a nightmare. I am also a senior and WAS retired. Needless to say had to go back to work.
This is heartbreaking and I’m so sorry you had to experience this. I wish you the best. Did you ever try to contest? I wonder if there are any protections for seniors?