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re: Ad Valorem (property tax) elimination
Posted on 6/12/14 at 9:29 pm to Golfer
Posted on 6/12/14 at 9:29 pm to Golfer
Agreed.
Another question. Can you think of a more fair taxing system than ad valorem? Everyone is taxed at the same rate per jurisdiction, based on the value of your property, determined by the market which is (ideally) determined by the public itself.
Another question. Can you think of a more fair taxing system than ad valorem? Everyone is taxed at the same rate per jurisdiction, based on the value of your property, determined by the market which is (ideally) determined by the public itself.
3
Posted on 6/12/14 at 9:40 pm to TaxmanMSU
quote:
Can you think of a more fair taxing system than ad valorem?
Many feel that property tax basically puts a tax on living. You are just renting the property you're living on from the govt.
I would think property tax and sales taxes affect the poor equally unless their is a tax break on the sale of food.
Posted on 6/12/14 at 9:49 pm to TaxmanMSU
quote:In Louisiana the property value assessments are almost universally unfair. There are frequent horror stories about how next door neighbors houses are valued vastly different in spite of the properties being nearly identical in size and age.
Can you think of a more fair taxing system than ad valorem? Everyone is taxed at the same rate per jurisdiction, based on the value of your property,
Two weeks ago it was discovered by the newly elected assessor in Ascension Parish that an entire subdivision's last filing was never added to the property tax rolls. He discovered it because he was comparing assessed properties on the books to Google Earth photos. OOPS!
Posted on 6/13/14 at 6:15 am to TaxmanMSU
I can't think of a more unfair tax than property tax.
You never really own your property if you're forced to pay taxes on it every year.
You never really own your property if you're forced to pay taxes on it every year.
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