Ending Property Taxes

[goofygrin]

I'd rather pay 2% of my house value than 7% of my income...

I can choose to live in a modest house, but I certainly WANT to make more money.

[CJ]

The state income tax out here is fucking me way harder.

Cumulatively state income tax is far worse for a middle class family.

[CJ]

I'd rather pay 2% of my house value than 7% of my income...

I can choose to live in a modest house, but I certainly WANT to make more money.

Precisely the trade off. The poor do not make a lot of money (if they even work) and they don't own homes. It's targeting middle class families either way, but property tax is the only one you have a say in.

[Broncojohnny]

I honestly couldn't care less about the poor. It is about time they had some skin in this game where they get a check in the mail just like magic. Bring on the fucking sales tax increase. When they get tired of paying it, maybe they'll vote to cut spending too.

[stevo]

They are going to get their pound of flesh one way or the other.

Stevo

[CJ]

I honestly couldn't care less about the poor. It is about time they had some skin in this game where they get a check in the mail just like magic. Bring on the fucking sales tax increase. When they get tired of paying it, maybe they'll vote to cut spending too.

You're preaching to the choir here, a consumption/sales tax bump is the only certain way to get money from the poor. But, I think it's just misguided enthusiasm - the knee jerk feel good move. I think the real focus should be on social programs. Get the poor off social programs and suddenly large percentages of them are no longer considered poor. I'm a militant capitalist, my opinion is you should work for what you have, and if you choose not to work then you should die in a gutter.

[KBScobravert]

They are going to get their pound of flesh one way or the other.

Stevo

Sales tax increase allows them too skin more bodies of the ones who under property tax an state income tax have been thus far untouched.

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[Shorty]

I honestly couldn't care less about the poor. It is about time they had some skin in this game where they get a check in the mail just like magic. Bring on the fucking sales tax increase. When they get tired of paying it, maybe they'll vote to cut spending too.

I'd get on board with increased sales tax because it would give me an excuse for being such a miserly bastard. Let the 30K millionaires and broke fools blowing all their money shoulder the load.

[Sean88gt]

I'd rather pay 2% of my house value than 7% of my income...

I can choose to live in a modest house, but I certainly WANT to make more money.

Income tax in Colorado is 4.3%, so on $100k salary, that's $4300, which I believe you can use as an offset on your federal income tax.

So in Texas (you must life in a shitty community to pay 2%), especially the up and coming cities they are around 3% (for sake of argument). How many people making 100k/yr live in a $100k house? Not many. So say your avg. 6 figure earner (this is average, not taking into account the frugal ones) lives in a 250-400k house. Do the math.

[goofygrin]

I did the math when I posted that :-)

On my ~$275k house in Frisco I pay < $6k a year in property tax. ~2.18%. I rounded. Forgive me. If I was concerned about my property tax burden, I'd live in The Colony in a $150k house and pay 1/2 that.

Don't forget that states with income tax typically also have property tax (albeit much smaller).

[Sean88gt]

I did the math when I posted that :-)

On my ~$275k house in Frisco I pay < $6k a year in property tax. ~2.18%. I rounded. Forgive me. If I was concerned about my property tax burden, I'd live in The Colony in a $150k house and pay 1/2 that.

Don't forget that states with income tax typically also have property tax (albeit much smaller).

Our property tax ($275k house) is about $600.

[Forever_frost]

I'd be all for it if they'd use the sales tax to make up the difference. I'm completely against any state income tax. That would take a constitutional amendment and fuck a whole bunch of that.

Of course, the first thing that will happen is the liberals will start crying all over the place about how this will result in cuts to education. Just like last year when the state budget issue came up and there were rivers of tears running down every street foretelling the impending doom of cuts to schools. Mainly what happened is some school districts laid off some teachers, a lot of others fired a bunch of administrators, which is exactly what needed to happen.

At the end of the day I couldn't care less if it does mean cuts to the education system. The school system is not an entitlement program, it should be run efficiently. It isn't. There is nothing like some budget cuts to make people find efficiency. I'm also not interested in paying to educate a bunch of illegals in South Texas and that is where a bunch of our money ends up going.

My last state council meeting was this exactly. Being an appointee instead of someone paid means I don't care about making bank off the state. I was the only one standing up and asking "What do the tax payers get in return?"

I got the lines about the poor children in the gutters and they couldn't figure out why that didn't move me to agree

[CJ]

Income tax in Colorado is 4.3%, so on $100k salary, that's $4300, which I believe you can use as an offset on your federal income tax.

So in Texas (you must life in a shitty community to pay 2%), especially the up and coming cities they are around 3% (for sake of argument). How many people making 100k/yr live in a $100k house? Not many. So say your avg. 6 figure earner (this is average, not taking into account the frugal ones) lives in a 250-400k house. Do the math.

But like I was saying before, you do have a choice in what you pay in only one of those examples.

[Sean88gt]

But like I was saying before, you do have a choice in what you pay in only one of those examples.

I can take deductions and what not to lower my portion. But I get your point.

[Broncojohnny]

Why should it be one or the other? Why shouldn't we get rid of it and insist on smaller government? Big government is ruining this country a little more every day, why just keep giving them money to make it bigger? We should be starving government down to the point where it doesn't have the budget to intrude on our lives.