User12243_1_t Tim Maitski "Secret Agent Guy"
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We are all renters.  You only get the use of a piece of property if you continue to send in your rent payments, a.k.a. property taxes, every year.

Think about it.  You can win the lottery and for $100,000,0000 dollars and buy your dream property. But you won't be able to hold on to it too long unless you can pay the property taxes every year.  Do you have a million dollars per year to pay the taxes?  If not, it goes back to the government so they can rent it out to someone else who can pay the rent.

Some how that just doesn't seem right to me.  It never really crossed my mind until I looked up what some multi million dollar home owners pay in property taxes.  It doesn't seem fair to me.  They use the same services as me but get penalized for being able to own an expensive home. 

I guess the government has to squeeze the money out of the people who have it.  Shouldn't there be a cap?

 

 

3 Comments on We Are All Renters

That's the joy of living in the free land my man...Uncle Sam always gets his cut and what you're buying is your voice. So, if you have a problem with it...seek out a couple million people that agree with you and bring it to Congress...lol

Scott         

12/24/2006 09:47 AM by Oak Valley Mortgage-California Home Loans and Refinancing


As a Libertarian, I have struggled with what the consequences would be if we were forced to pay for services that the government provides + lived without the laws.

I don't think you can take it all away over night nor can we continue going in this direction.

12/24/2006 10:49 AM by Renee Burrows - Las Vegas NV Real Estate (Nevada Realty Solutions)


Great Post!  I would like to see a cap on the property taxes when the property owners are on a fixed income.

12/24/2006 11:57 AM by Leslie Bloss, Seattle Real Estate Professional (REALTY EXECUTIVES/BRIO )


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Real Estate Agent: Tim Maitski   "Secret Agent Guy" (HomeAtlanta.com)
Tim Maitski "Secret Agent Guy"
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