Taxation without representation, home ownership and other forms of taxes.

[The Conservative]

I live in Mass, as people here may or may not know (new people mainly) and if I am looking to buy a house I am looking between $3500 to $15,000 for tax on my car and house combined. Depending on the size of the house, land, and the cost of the car...

Of course this is a one year deal, each year the prices keep going up because the value of the property goes up in theory.

Except here is the problem, I am not a liberal by any stretch of the imagination, at least in the Mass standard. Which is pretty damn socialist.

House taxes are meant to pay for the cost of education, and the taxes on the car are meant to pay for the roads, if you have seen either lately, Mass may have the best education system state wide, but world wide, not even close...Yet the schools get $15.k/yr for each student. One of the most out of the entire union...

Now here is my issue, we are taxed on the value of the house, year one... lets say $3000 to make it an even value.

Now, next year, the house goes up lets say $10,000 in value, I pay $3,100 in taxes, but why should I? Should I not only pay the value of the increased value, not the total value? Isn't it when you invest in stocks, etc you pay the taxes for the profit you make off the stocks, and nothing if they tank?

So why are houses/property treated differently?

There is no logical reason why we are taxed over, and over, and over again for the entire cost of the property. As far as I am concerned, that is double taxation.

Why, as a country do we allow this to happen?

And before some smarmy asshole comes around and says "Think of the children." Fuck off.

I have been in the educational system, and I have seen the corruption first hand... the administration side of education is a clusterfuck of corruption. I have seen an educational system go from 6 million profit to a 3 million deficit when the Superintendent left.

I have seen teachers claim the money isn't there... when a classroom has 20 students that is ($310,000 on average) in that classroom alone worth of revenue. The teacher may cost if they have been there 20 years 70K... in reality the teacher there is fresh off the boat of the educational train and is making 35 to 40K their first year there.

That still leaves at the lower levels around 235k per classroom...

Each school has an average of 30 to 40 classes per middle school, and that increases in high schools. On the low end a standard school in Mass pulls in $10,850,000 in tax income. You are telling me that schools are hurting? How?

Sorry, but I call this taxation theft, and graft on a scale that needs to be recognized and reduced.

[TheReal_ND]

Wait, they tax you every year for your house? How is that legal? I would have thought it was a one time deal. I heard of property taxes but I thought it was like a small amount for the amount of land you owned or something. 3k a year just to own a little home is insane. That's a tenth of most people's income

[The Conservative]

Wait, they tax you every year for your house? How is that legal? I would have thought it was a one time deal. I heard of property taxes but I thought it was like a small amount for the amount of land you owned or something. 3k a year just to own a little home is insane. That's a tenth of most people's income

What do you think property tax is in Mass? Cheapest I've found for a ”fixer-upper” was 1500 a year.

This leads to the fact you don't own the land or the house; you miss one payment and you lose both.

You are taxed on the overall price, not the increase of value.

On a side note, that is why you need to make $75000 a year just to get by in Mass.

[Zlaxer]

Wait, they tax you every year for your house? How is that legal? I would have thought it was a one time deal. I heard of property taxes but I thought it was like a small amount for the amount of land you owned or something. 3k a year just to own a little home is insane. That's a tenth of most people's income

What do you think property tax is in Mass? Cheapest I've found for a ”fixer-upper” was 1500 a year.

This leads to the fact you don't own the land or the house; you miss one payment and you lose both.

You are taxed on the overall price, not the increase of value.

On a side note, that is why you need to make $75000 a year just to get by in Mass.

Silly prole...trying to live above your means....you are intended to rent...and to live as we tell you to...in government low emission, low water usage, low livability..er..."sustainable"...housing...

[Smitty-48]

The problem is trying to live by income.

Work is bullshit, jobs are jails

The only escape is to adopt the strategy of the rich.

Live by capital gains alone.

Don't waste money on college.

Spend that money on investment properties.

Don't be a student, be a landlord.

Once you have revenue streams by capital gains, you can buy books and educate yourself.

Steak & Lobster too. Whisky & Ceegars. Hookers & Blow.

Patty Mahomes jerseys, two for me, one for you.

[brewster]

Now here is my issue, we are taxed on the value of the house, year one... lets say $3000 to make it an even value.

Now, next year, the house goes up lets say $10,000 in value, I pay $3,100 in taxes, but why should I? Should I not only pay the value of the increased value, not the total value? Isn't it when you invest in stocks, etc you pay the taxes for the profit you make off the stocks, and nothing if they tank?

So why are houses/property treated differently?

There is no logical reason why we are taxed over, and over, and over again for the entire cost of the property. As far as I am concerned, that is double taxation.

You fail to understand the basic idea of property tax. Its not a one time sales tax, it's a yearly wealth tax. They're levying a tax on the value of all the property in the city every single year. When your value goes up, then you pay more because it's worth more. Now, I don't know how your city does it, but that value reassessment usually isn't automatic. Some cities do an actual revaluation ever 10 years by doing quick appraisals of all the properties, and in between make guesses at the appreciation and raise the base rate to reflect that while your actual assessment stays the same for a decade.

You have no idea what a shitshow this can lead to. In my city they failed to order a revaluation for 30 years, and in that time one area of the city appreciated vastly faster than the others, so when the reval was finally done some people in multimillion dollar brownstones they bought for <$100k found themselves with 2-300% tax hikes into the mid $30k range! Bu they had been underpaying relative to everyone else for decades. Fun, huh?

But back to your problem. There's states with super low property taxes, but they deal with it either by having high taxes on other things, high corporate taxes, or really shitty schools and services. The question is do you want to move to Mississippi and have low taxes and shitty schools?
Mississippi:
2017-2018 average teacher salary: $43,107
State spending per student: $8,771

Mass:
2017-2018 average teacher salary: $79,710
State spending per student: $16,197

https://www.businessinsider.com/teacher ... ate-2018-4

PS: Smitty is right, invest that money and be a landlord by buying a multifamily and living in it. That made me a millionaire.

[TheReal_ND]

Mississippi is also full of black people so there is no reason to waste money on the schools anyway. That's like buying your dog organic chow.

[Speaker to Animals]

If I had to live in one of those shit hole cities again doing what I was doing before, I'd do the complete opposite: rent the place I live in and buy places I rent out.

It's a bad idea to own where you live in a place like Boston unless you are very wealthy.

[brewster]

Mississippi is also full of black people so there is no reason to waste money on the schools anyway. That's like buying your dog organic chow.

No doubt your cretin reasoning is traditional in Ole Miss, but it's actually 59% White. And numbers 50, 49 & 48 on the list are WV, OK, & UT, fairly white states. The NYTimes had an article this weekend about how white rural counties suffering losses of their tax base are cutting services like libraries and anything else they can, making them even shittier places to live and driving even more young people away.

[Speaker to Animals]

Noooo! Not the library! Raise taxes to save the library!