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Posted: 3/27/2017 9:19:45 PM EDT
Who owns the land?

$540,701,000,000: U.S. Property Taxes Hit Record in 2016


CNSNews.com) - Americans paid a record $540,701,000,000 in property taxes to state and local governments in fiscal 2016, according to the U.S. Census Bureau.

That was up $16,748,620,000—or about 3.2 percent--from $523,952,380,000 in property taxes (in constant 2016 dollars) that state and local governments collected in fiscal 2015.

The prior national record for property taxes was set in fiscal 2009, when they hit $527,850,500,000 in constant 2016 dollars. Fiscal 2016's record total of $540,701,000,000 was up $12,850,000,000—or about 2.4 percent—from that previous record.
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Link Posted: 3/27/2017 9:31:33 PM EDT
[#1]
Pay that rent peasant
Link Posted: 3/27/2017 9:33:41 PM EDT
[#2]
"But we don't have enough money for teh poooooor people!!!"
Link Posted: 3/27/2017 9:34:21 PM EDT
[#3]
And people think there isn't a bubble........................
Link Posted: 3/27/2017 9:53:17 PM EDT
[#4]
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Quoted:
Pay that rent peasant
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FPNI again
Link Posted: 3/27/2017 9:58:18 PM EDT
[#5]
$210 of that was mine
Link Posted: 3/27/2017 9:59:45 PM EDT
[#6]
If it pleases the crown, may I please continue to reside on the land which I paid for and continue to pay for by threat of violent force being used against me and my family?
Link Posted: 3/27/2017 9:59:51 PM EDT
[#7]
Just pay your fair share .  Not included are taxes on:  everything taxed each step of manufacturing from raw material to final product, wages, liquor (), and on and on and on and on.  Clearly, not enough is taxed give our national debt (and continuing yearly debit - for the low thinking folks, there is a difference) so, cough up serf because there are a great many depending on you to .............. yes! pay your fair share!
Link Posted: 3/27/2017 10:04:21 PM EDT
[#8]
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Quoted:
$210 of that was mine
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It averages to $1668 per every man, woman, and child on the US Tax Farm, so you got off easy.
Link Posted: 3/27/2017 10:12:01 PM EDT
[#9]
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Quoted:
It averages to $1668 per every man, woman, and child on the US Tax Farm, so you got off easy.
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Quoted:
Quoted:
$210 of that was mine
It averages to $1668 per every man, woman, and child on the US Tax Farm, so you got off easy.
~$4,200 of that (give or take) was mine. The rest of you are welcome. Just doin' my part. 

And since this will inevitably turn into a combination dick measuring and sob story contest, I'd like to personally thank the guy who's about to reply that his share was $50k+ last year. Dude...you're easing the load on me and mine. Thank you in advance. 
Link Posted: 3/27/2017 10:47:08 PM EDT
[#10]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
~$4,200 of that (give or take) was mine. The rest of you are welcome. Just doin' my part. 

And since this will inevitably turn into a combination dick measuring and sob story contest, I'd like to personally thank the guy who's about to reply that his share was $50k+ last year. Dude...you're easing the load on me and mine. Thank you in advance. 
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Welcome to Texas
Link Posted: 3/28/2017 10:42:59 AM EDT
[#11]
Property tax is just the polite form for equity skimming.
Link Posted: 3/28/2017 10:56:35 AM EDT
[#12]
Y'all go be poor somewhere else.

Personally I'm proud to support Stankqueefa and her 11 babies.
Link Posted: 3/28/2017 10:57:55 AM EDT
[#13]
I've always contested that property taxes are a nasty way of getting around claiming that you aren't raising federal income or state taxes, or sales taxes.

They just kind of slide it in, and before you know it they are raping you for tens of thousands of dollars.
Link Posted: 3/28/2017 11:35:23 AM EDT
[#14]
Link Posted: 3/28/2017 11:42:43 AM EDT
[#15]
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Quoted:
And people think there isn't a bubble........................
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Pretty obvious there's a reinflated housing bubble.  Thank God for Prop 13 in CA.  It's about the only thing Californians did right.  

Here's the latent issue with the property taxes. Counties and cities calculate that into their budget but when the housing bubble bursts, there goes the predicted income and the bonds that were supposed to be paid for by the tax revenue.  We saw a taste of that in 2007/8.
Link Posted: 3/28/2017 11:45:24 AM EDT
[#16]
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Quoted:



Welcome to Texas
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Side question concerning that...
What are prop taxes like in Texas, for a smallish plot of land, 2-6 acres or so in and around the Waco area?

A.W.D.
Link Posted: 3/28/2017 11:47:47 AM EDT
[#17]
We shot and killed a whole lot of Brits for a whole lot less from 1775-83...  
Link Posted: 3/28/2017 11:48:58 AM EDT
[#18]
Shit sucks. Just paid my first half yesterday $1,4XX.
Link Posted: 3/28/2017 11:49:59 AM EDT
[#19]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Pretty obvious there's a reinflated housing bubble.  Thank God for Prop 13 in CA.  It's about the only thing Californians did right.  

Here's the latent issue with the property taxes. Counties and cities calculate that into their budget but when the housing bubble bursts, there goes the predicted income and the bonds that were supposed to be paid for by the tax revenue.  We saw a taste of that in 2007/8.
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Mine has been the same for the last decade or so and since it's Alabama I'm not squawking. It never went down during the period when For Sale signs in my neighborhood kept popping up like mushrooms, but that's ok.

I'm about to file for a homestead exemption.

BWAHAHA..............
Link Posted: 3/28/2017 11:52:37 AM EDT
[#20]
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Quoted:


It averages to $1668 per every man, woman, and child on the US Tax Farm, so you got off easy.
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I guess so, considering mine was 6700 for a suburban house.

But no state income tax here at least.
Link Posted: 3/28/2017 12:07:49 PM EDT
[#21]
OP name fits topic.
Link Posted: 3/28/2017 12:12:52 PM EDT
[#22]
I pay 8800 and I don't live in a mansion.

It is the thing that they don't mention in the brochure.

Link Posted: 3/28/2017 12:24:41 PM EDT
[#23]
Link Posted: 3/28/2017 12:39:01 PM EDT
[#24]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Pretty obvious there's a reinflated housing bubble.  
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It is either bouncing back from the greatest RE recession in decades or it's a new bubble, depending on your perspective.  All I can say is I'm in the business of RE transactions, and the current bubbliness of the market can't hold a candle to the 2005-6 market.
Link Posted: 3/28/2017 12:50:09 PM EDT
[#25]
That's why you never really own it.
You rent it from the state .
Link Posted: 3/28/2017 12:52:17 PM EDT
[#26]
About $4,500 here. Hooray. Hoo. Ray.
Link Posted: 3/28/2017 12:57:17 PM EDT
[#27]
I think they are trying to incent us to rent trailers and spend more time in the clubs....
Link Posted: 3/28/2017 2:45:15 PM EDT
[#28]
In many places the largest local government expense is the school system.

This is a common thing in Virginia since Counties and Cities must provide schools.

Virginia provides some funds on a per student basis, as have the feds for many years.

The vast majority of the money is still local property taxes.


I wonder how well researched the number is?

Some places have low property taxes but a specific 'School Tax' while many others have just a 'Property Tax' for all local funding.

Police, fire, schools, etc.
Link Posted: 3/28/2017 2:47:35 PM EDT
[#29]
Welcome to the Peoples Democratic Republic of Illinois
Link Posted: 3/28/2017 3:04:37 PM EDT
[#30]
Paid twenty grand in property taxes last year....
Link Posted: 3/28/2017 3:06:52 PM EDT
[#31]
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Quoted:
Welcome to Texas
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
~$4,200 of that (give or take) was mine. The rest of you are welcome. Just doin' my part. 

And since this will inevitably turn into a combination dick measuring and sob story contest, I'd like to personally thank the guy who's about to reply that his share was $50k+ last year. Dude...you're easing the load on me and mine. Thank you in advance. 
Welcome to Texas
This year's tax bill will be a shade over $5k. 

My kid's HS Football stadium is pretty bitchin' though. 
Link Posted: 3/28/2017 3:07:30 PM EDT
[#32]
But...but...but...there's no housing / real estate bubble!  /derp!!!!
Link Posted: 3/28/2017 3:18:58 PM EDT
[#33]
That means that property values(prices) went up, yet the gov still claims that there is zero inflation and thus, virtually zero cost of living increases in benefits like military retirement and social security.
Link Posted: 3/28/2017 3:24:12 PM EDT
[#34]
So much for "OWN"  your home deal? Well I own my house, yeah! right.
Link Posted: 3/28/2017 3:26:12 PM EDT
[#35]
I pay above that average.  It is way too much!  Plus I paid a good sum for state income tax too.  The Government should love me more than they do.  
Link Posted: 3/28/2017 3:54:28 PM EDT
[#36]
How the fuck do they not have money for schools, roads, etc??? Oh right, they're blowing it all on retarded shit.
Link Posted: 3/28/2017 6:41:14 PM EDT
[#37]
Bit over $900 a year for my house and I STILL went in and fought against a property tax increase a week ago. Yeah they can only raise it about $20 yearly but they LOVE to jack the value above actual worth and then look confused and ask you if you know it can only jump so much a year. Yeah, no shit people, you make sure you build in a buffer so when it goes to shit in another couple of years you have a decade of higher property values to jack up tax payments even when the property has decreased in worth.
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