Cities & Townships Are Getting HAMMERED w/Lost Property Tax Revenue

Quote from ByLoSellHi:

There is going to be a tax revolt in this country. It's already begun, and any local official who thinks the anger will subside has it backwards.

What pisses me off is that we plan on sending our children to a private school, yet we still have to pay incredibly high property taxes (which are used to fund public schools, which do a terrible job educating children).

Vouchers need to be allowed, or government needs to allow parents sending their children to private schools an exemption from the taxes used to pay for public schools.
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Totally agree. Vouchers are one thing that could have a very positive impact on the black community AND Obama knows this.

Unfortunately, he will sell his people down the river in order to placate to the teachers union.

It's a shame.
 
Quote from ByLoSellHi:

There is going to be a tax revolt in this country. It's already begun, and any local official who thinks the anger will subside has it backwards.

What pisses me off is that we plan on sending our children to a private school, yet we still have to pay incredibly high property taxes (which are used to fund public schools, which do a terrible job educating children).

Vouchers need to be allowed, or government needs to allow parents sending their children to private schools an exemption from the taxes used to pay for public schools.
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Much as I want to agree, I think there's too many stupid sheeple for any sort of revolt of anything.

Collectively, we're too soft to pull it off.

As far as how schools are funded, property and school tax have always been separate line items in CT, NJ and NY.

Vouchers for private school is as likely to happen as improving public education. There's nothing political to gain, but plenty to lose in doing either.
 
In the great depression, US pensioners were bankrupted and made homeless by property taxes based on values at the peak of the boom, which they had to pay out of the decimated capital and dividends of their stock & bond portfolios. Those who had annuities often lost even their pension as the insurers went bust.
 
Quote from morganist:

i agree i don't know the american system. but what i do know is that in a republic people can vote for governments and it is the government that can change how the country is run. they can chose to centralise power or decentralise power. the government could (i assume, they can do it in any other country) stop states from being able to set their own property taxes and set it nationally.
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That would be totally contrary to the US constitution, which founded a *federal* system of government i.e. a collection of states, with the federal government having clearly defined and limited powers. Abolishing the constitution and the federal system can't be done by the president, and it's not something that the electorate in America would vote for any time soon.
 
Quote from Landis82:

In California people are having their counties re-assess their property values due to the real estate market decline. A previous poster indicated that there are situations where the property taxes can be more than the mortgage payment. While I'm sure that can be the case, if property values decline ( which they have ) then so does the property tax when a new assessment is requested. That's just common sense. Life does not operate in a static vacuum, folks.
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Well here in my county in the people's republic of Maryland when property values declined they responded by raising the rate 8%, god forbid they cut some of their "essential" workers or stop running some of their handout centers for illegals. Is that just common sense?
 
Quote from Cutten:

That would be totally contrary to the US constitution, which founded a *federal* system of government i.e. a collection of states, with the federal government having clearly defined and limited powers. Abolishing the constitution and the federal system can't be done by the president, and it's not something that the electorate in America would vote for any time soon.
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ok i admit i was wrong (something i have never seen before here). surely their must be some one accountable. can you vote for different candidates in the counties or could their be state revolutions. i don't know it just seems very unjust.

i read a post on this thread saying they are going to raise the tax to eight percent. that is in some cases the same as a deposit on a house. it seems very strange that the country is prepared to effectively make people homeless to pay for what may be none essential costs.
 
Quote from morganist:

they can chose to centralise power or decentralise power. the government could (i assume, they can do it in any other country) stop states from being able to set their own property taxes and set it nationally.
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No, they can't. The US is, in name anyway, a republic of independent states. They each have their own governments and tax agencies. While full centralization is a goal of every Federal politician, they have not succeeded completely.

Much as he'd like to, obama can't just cancel State government rights and powers by decree, yet anyway.
 
Quote from Madison:

No, they can't. The US is, in name anyway, a republic of independent states. They each have their own governments and tax agencies. While full centralization is a goal of every Federal politician, they have not succeeded completely.

Much as he'd like to, obama can't just cancel State government rights and powers by decree, yet anyway.
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The key word being "yet".
And that "yet" is gonna be a short one.
 
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