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re: You never own your house or car

Posted on 8/30/26 at 5:34 pm to
Posted by armytiger96
Member since Sep 2007
3030 posts
Posted on 8/30/26 at 5:34 pm to
quote:

Quit paying taxes and see what happens to your property. Hint, you don’t get to keep it despite “owning it”


No shite. It's because your property is essentially your collateral on your property taxes.

Quit making payments on any loan where you use your property as collateral and see what happens to your property. Hint you don't get to keep it despite owning it!
Posted by imjustafatkid
Alabama
Member since Dec 2011
68109 posts
Posted on 8/30/26 at 6:52 pm to
quote:

In what sense? Personal property taxes and real estate taxes are based on ad valorem - the FMV x's a millage rate. Most states do not impose a true property tax on vehicles held by idividuals. Missouri does. And a handful of other states. But do not confuse personal property tax with tag fees.


Tag fees are a property tax. In every state I'm aware of, you can't even have a vehicle sitting on your property that you intend to never drive unless it has a current tag.
Posted by Oilfieldbiology
Member since Nov 2016
42833 posts
Posted on 8/30/26 at 7:23 pm to
quote:

No shite. It's because your property is essentially your collateral on your property taxes. Quit making payments on any loan where you use your property as collateral and see what happens to your property. Hint you don't get to keep it despite owning it!


If I have paid for my house out right, what loan have I quit paying?

Can I ever pay enough property taxes to where I no longer have to pay any? If not, I’m simply renting my property from the government.
Posted by dchog
Pea Ridge
Member since Nov 2012
28074 posts
Posted on 8/30/26 at 7:32 pm to
You should not have to pay property taxes after a certain amount of years.

In 20-30 years, most people will not live in houses but apartments. Which is worst because you can never own it.

People need to go go to these city council meetings and watch closely at what they vote.

They love raising millage rates.
Posted by dchog
Pea Ridge
Member since Nov 2012
28074 posts
Posted on 8/30/26 at 7:36 pm to
It should be zero at that age.
Posted by dchog
Pea Ridge
Member since Nov 2012
28074 posts
Posted on 8/30/26 at 7:39 pm to
More people will use bicycles in the future.

They will find a way to tax it.
Posted by dchog
Pea Ridge
Member since Nov 2012
28074 posts
Posted on 8/30/26 at 7:46 pm to
The government will play the long game. Keep raising property taxes, they will confiscate the land and give it to illegal immigrants.

Next you live in a shitty apartment paying $3500 a month and rent goes up $200. You can't pay and get evicted.

You don't own a car because only the rich can afford it and so you are homeless going from one shelter to the next.

That is the future of America.
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
12031 posts
Posted on 8/30/26 at 7:47 pm to
quote:

When they sell a property due to delinquent tax debt, it is offered as a fire sale - solely to pay off the tax debt. Goes to the highest bidder for next to nothing. The loss will be huge.


This used to be the case but incorrect now. A recent USSC said they have to sell it as Sheriff sale to get the most money and the difference goes to the owner after deducting taxes.
Posted by dchog
Pea Ridge
Member since Nov 2012
28074 posts
Posted on 8/30/26 at 7:49 pm to
If you paid off your Mortgage then you shouldn't have to pay property taxes.
Posted by dieabeatyou
Member since May 2024
23 posts
Posted on 8/30/26 at 7:56 pm to
What is this "tag" you speak of? Only bootlicking figs brag about paying fees. If you pay for gas you're paying for the roads. Brake tags were welfare to campaign donors, good ol boys, and to fund Huey Long's militia, I mean the State Police who, as far as I can tell, spend most of their time pulling over minorities and role playing like they're still in the marines, I mean, the army, I meant national guard. The number of redneck, big truck, double wide bleed red white and blue who larp on here like tough guys is sad. The state's getting boofed every kind of way, with "Maga" Landry happy to sign it all away in secret. We're paying hundreds of millions of dollars in corporate welfare and actual socialism every year to the plants, to the utilities, to frickin' elon musk now, and your tired arseholes are worried about some break tags are going to be the thing that ruins public finance. Get bent.
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