Comments on: I Hate Property Taxes!

By: cageybee

cageybee — Thu, 30 Jul 2009 12:47:41 +0000

what would happen if you lose your job or can’t work?

By: Stacey

Stacey — Sat, 05 May 2007 02:13:57 +0000

This week our tax bill arrived–$5,632 for a nice, 2600+sq. foot 4-br home. Nothin’ special, just our love nest!

P.S. Since we moved our boys from parochial school and into the public school system, I feel the best I ever have about our property taxes! Bargain city!!

Now 3% IL income tax, 7.75% sales tax, 28% fed’l tax, not to mention AMT…THOSE are something to gripe about!

By: lorax

lorax — Fri, 04 May 2007 23:56:35 +0000

I agree. Property taxes are one of the most regressive taxes.

Unfortunately, some of the low income tax states are high property tax states. Even more so if you take into account services rendered. In my case, when I moved from state to state, my property taxes skyrocketed but my income taxes fell. For me it was just about a wash.

Public services need to be paid for some way… chose your poison and who it affects most. (cue obligatory libertarian gripes about how some don’t use the school, would rather own an SUV than have the roads plowed, never call the fire dept, and don’t appreciate police)

By: Free Money Finance

Free Money Finance — Fri, 04 May 2007 10:20:41 +0000

Star Money Articles for the Week of April 30

Here are interesting posts and news this week from the MoneyBlogNetwork members and beyond: AllFinancialMatters hates property taxes. MightyBargainHunter gives a really simple retirement formula. Five Cent Nickel suggests three ways to make your IRA wo…

By: Jonathan

Jonathan — Fri, 04 May 2007 08:14:23 +0000

I’ll trade you your high property tax for my 9% state income tax

By: Paul

Paul — Fri, 04 May 2007 01:32:52 +0000

I have a house I am rehabbing assessed for $162K – property taxes are $8200 – I love NY !!!!

By: Danielle

Danielle — Thu, 03 May 2007 17:53:41 +0000

Yes, it could be so much worse!! I live in NJ on less than a half acre of property with a house accessed around 260K and we pay close to $9,000!! I would trade with you any day!!

By: KMC

KMC — Thu, 03 May 2007 13:50:15 +0000

I’m glad I read the comments here. I was like JLP, complaining when I got an increase every year. Now that Dan and others put that in perspective, I think I won’t resent it as much. Saying you’re paying a tax and saying you’re paying for the fire and police departments sound different to me somehow.

By: Don

Don — Thu, 03 May 2007 01:48:36 +0000

Sorry, but you don’t “we rent land from the US Government.” Perhaps from the state or county government, but not the national government.

By: Omer Yusaf

Omer Yusaf — Thu, 03 May 2007 01:32:37 +0000

You said $2994, the house I was looking for to buy had a property tax of 11000 a year!. Hope this will give you some relief.