^California 1978 Prop 13
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50
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the truth. wrote:
Florida's property tax rate is low, and they have no state income tax. It's the perfect state
Its middle of the road. And has average to high-ish sales tax.
And of course, has a massive advantage on many states because it serves (and soaks) so many tourists, part time residents with $$, etc.
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Real Person wrote:
Was looking at an out of state vacation home. Everything looked perfect until I noticed the property tax was 2% of the home. That’s ridiculous. I pay $1200 a year on a 1.5 million dollar home. Why aren’t you people overthrowing your state governments?
My kids are adults, we're from NY State but they both live in "low tax" states. They notice what they don't have that we have in NY.
Among them are the care for the roads, things like that.
You get what you pay for. I can't imagine actually CHOOSING to live in Florida or Texas, Nevada, places like that.
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Like what? Those states are much different. What are the similarities that causes you to group them and eliminate them from your list?
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Why would anyone choose to live in California?
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Where do states tax property? I've always paid property taxes to the county.
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Real Person wrote:
Was looking at an out of state vacation home. Everything looked perfect until I noticed the property tax was 2% of the home. That’s ridiculous. I pay $1200 a year on a 1.5 million dollar home. Why aren’t you people overthrowing your state governments?
What city and state (at least state) do you live in where you pay just $1,200 a year on a $1.5 million home?
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Real Person wrote:
lotsataxes wrote:
You need to look at the whole picture. Does that state have no state income tax, low or no sales tax? If a state is missing out on income in one area, they often need to compensate in another.
I don’t need to look at the big picture when I’m buying a vacation home. I just need to look at the property tax rate. Even sales tax is largely irrelevant—I can make most large purchases in my home state. I guess that might be inconvenient for appliances and solar panels…
It’s almost like some states don’t incentivize interlopers buying vacation homes in their state without contributing anything.
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Because your $1.5 million home only costs $500,000 in my state.
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Taxes. wrote:
California’s budget deficit is projected to be $24 billion. Florida’s is a $21.8 billion surplus. There’s a reason why Florida is gaining population and California is losing it…by the way, it’s not exactly popular to propose reparations in a 95% non black state and to allow homeless to be lawless.
Texas has a projected $32.7 billion budget surplus. They are figuring out how to spend some of those monies of which lowering property taxes is one area.
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runn wrote:
Real Person wrote:
Was looking at an out of state vacation home. Everything looked perfect until I noticed the property tax was 2% of the home. That’s ridiculous. I pay $1200 a year on a 1.5 million dollar home. Why aren’t you people overthrowing your state governments?
My kids are adults, we're from NY State but they both live in "low tax" states. They notice what they don't have that we have in NY.
Among them are the care for the roads, things like that.
You get what you pay for. I can't imagine actually CHOOSING to live in Florida or Texas, Nevada, places like that.
Have you spent time in those three states.
If you are comparing infrastructure (you mentioned roads and things like that), those three states are very good.
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Florida/Texas have low tax…Baltimore has insanely high taxes
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vzxczxvc wrote:
Florida has a low wage economy and education spending is near the bottom in the country. Meanwhile, Dictator DeSatan tried to create a private militia beholden only to himself, to create libel laws that outlaw criticism of himself, and to fire anyone who mentions some topic he decided was forbidden or disagrees with him, whether teachers or data scientists, prosecutors or school board members. He is as corrupt as it gets, literally auctioning off seats on boards of trustees for universities to the highest political donors and rewarding favorable legislators with cushy, overpaid university and college presidencies. Richard Corcoran went from the legislature to education secretary to New College presidency, where he gets paid $1k per student, plus bonuses, $700,000 for a 700 student college.
Libel laws to outlaw criticism of himself? Source please.
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the truth. wrote:
Florida's property tax rate is low, and they have no state income tax. It's the perfect state
Until you have to home insurance
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If anyone is interested in actual data, average property tax rates in California are 16th lowest. Florida ranks 24th, and Texas is among the very worst, well more than twice the rate and twice amount of California's.
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the truth. wrote:
Florida's property tax rate is low, and they have no state income tax. It's the perfect state
Not sure "perfect" is correct either.
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Flagpole wrote:
Real Person wrote:
Was looking at an out of state vacation home. Everything looked perfect until I noticed the property tax was 2% of the home. That’s ridiculous. I pay $1200 a year on a 1.5 million dollar home. Why aren’t you people overthrowing your state governments?
What city and state (at least state) do you live in where you pay just $1,200 a year on a $1.5 million home?
None.
Here is a list of property taxes, even Hawaii with the lowest that house would be $4200. Unless one has some serious exemptions.
This post was edited 2 minutes after it was posted. Reason provided: Added comment10 -
samcallan wrote:
Flagpole wrote:
What city and state (at least state) do you live in where you pay just $1,200 a year on a $1.5 million home?
None.
Here is a list of property taxes, even Hawaii with the lowest that house would be $4200.
PS unless there are some serious exemptions the person is eligible for.
This post was edited 1 minute after it was posted.00 -
crete wrote:
I WANT EXCELLENT PUBLIC SERVICES, NICE ROADS, GOOD SCHOOLS, SAFE COMMUNITIES!!! I ALSO WANT TO NOT PAY ANY TAXES!!! WHY CAN'T I HAVE WHAT I WANT?
This sarcasm is misplaced. We actually did have all of those things you listed about 30 years ago - while only paying half in prop taxes. Gov officials and administrator salaries have been increasing
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Buying vacation homes contributes to the economy.
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