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Property has reassessment caps though

Posted on: November 21, 2020 at 10:25:36 CT
El-ahrairah BAMA
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You pay property tax on your purchase price plus a reassessment cap of only 2% and the property tax can’t be higher than 1% of valuation

Edited by El-ahrairah at 10:29:09 on 11/21/20
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The "no state income tax" trend is really not what... - Gyro MU - 11/21 10:02:02
     Lower or no state income taxes paired with a - Sarazen KC - 11/21 15:05:30
     RE: The "no state income tax" trend is really not what... - scan MU - 11/21 10:57:47
          Gyno doesn’t have a pot to pi$$ in. - Emoji Man MSU - 11/21 11:22:44
     Gfy. Its nice not filling out state tax form. - RHAYWORTH MU - 11/21 10:52:22
          Not sure where you are in TX, but the housing pricing seems - Emoji Man MSU - 11/21 11:32:26
               And you pay through the nose for property and sales tax - SparkyStalcup MU - 11/21 12:46:39
     Sales tax is the fairest of all taxes - Spanky KU - 11/21 10:52:13
          Nope. Straight income tax, for ALL, at same rate and - GA Tiger MU - 11/21 14:23:33
               No (nm) - pickle MU - 11/21 14:33:48
          It is the least fair of all taxes. It is regressive - SparkyStalcup MU - 11/21 12:47:41
          It's probably the least damaging - Ferg MU - 11/21 11:05:38
          The fairy tale tax.(nm) - Toger STL - 11/21 10:55:11
          I used to think the same thing - ashtray UF - 11/21 10:54:18
               fairest - Spanky KU - 11/21 10:56:03
          There is no such thing as a fair tax - pickle MU - 11/21 10:53:08
     Luckily, we still have a system that allows states - Zeaux MU - 11/21 10:47:47
     hey dumbarse one gives you a choice to spend & be taxed - TigerFan92 STL - 11/21 10:42:04
          No (nm) - pickle MU - 11/21 10:42:34
     Hey, throw more temper tantrums for us - Calca STL - 11/21 10:32:59
     it’s all theft and needs to be eliminated (nm) - pickle MU - 11/21 10:28:39
          What a silly thing tp say. Taxation is necessary to pay - *M* KC - 11/21 10:50:50
               Lol nuclear missile defense - Ragnar Danneskjold MU - 11/21 11:01:15
                    Its one of the things we do together(nm) - *M* KC - 11/21 11:02:21
                         M who is going to fire a nuclear missile at us? - Ragnar Danneskjold MU - 11/21 11:05:14
                              No one if we have a good defense and/or deterrent(nm) - *M* KC - 11/21 11:06:25
               you mean socialism - ashtray UF - 11/21 10:52:39
                    No, the social contract exists in all civilized societies, - *M* KC - 11/21 10:55:49
                         Your first post listed a bunch of socialized goods, - ummmm MU - 11/21 10:57:58
                              RE: Your first post listed a bunch of socialized goods, - *M* KC - 11/21 11:00:39
                                   It's not just one program. Your post listed 5. The full - ummmm MU - 11/21 11:03:55
                                        RE: It's not just one program. Your post listed 5. The full - *M* KC - 11/21 11:05:27
                                             False. Socializing the costs to provide a good like - ummmm MU - 11/21 11:08:29
                                                  Well. If youre right, then a little bit of socialism - *M* KC - 11/21 11:13:13
                                                       because roads are such a complicated thing - ashtray UF - 11/21 11:17:40
                                                            I don't think that is the test i would apply. (nm) - *M* KC - 11/21 11:23:54
                                   incremental (nm) - ashtray UF - 11/21 11:01:48
                         what are the components of a contract? (nm) - ashtray UF - 11/21 10:56:55
                              Offer, acceptance, and consideration. (nm) - *M* KC - 11/21 10:59:05
                                   I haven't accepted anything (nm) - ashtray UF - 11/21 11:00:17
                                        I think you probably have - *M* KC - 11/21 11:01:40
                                             no I haven't - ashtray UF - 11/21 11:02:10
                                                  Doesnt matter where you were going. - *M* KC - 11/21 11:03:22
                                                       that's called coercion - ashtray UF - 11/21 11:06:39
                                                            Someone coerced you to go to work?(nm) - *M* KC - 11/21 11:09:04
                                                                 no - ashtray UF - 11/21 11:16:37
                                                                      RE: no - *M* KC - 11/21 11:22:03
                                                                           it's not implied - ashtray UF - 11/21 11:29:26
               *Social Imposition* not a contract. - ummmm MU - 11/21 10:52:33
                    It is a figurative contract, an implied one, - *M* KC - 11/21 10:56:57
                         When was this implied contract offered and when was it - ummmm MU - 11/21 10:59:37
          RE: it’s all theft and needs to be eliminated (nm) - sarasotatiger MU - 11/21 10:31:43
               you need to stfu - Ragnar Danneskjold MU - 11/21 10:36:18
                    RE: you need to stfu - sarasotatiger MU - 11/21 10:39:19
                         All use taxes hurt an industry, even ones that you would - ummmm MU - 11/21 10:45:28
                         Are you autistic? Just reply with that - Ragnar Danneskjold MU - 11/21 10:40:55
                              I've been asked that question. I thought it to be invasive. - Toger STL - 11/21 10:47:44
                                   no your just an old fruity weirdo boomer(nm) - Ragnar Danneskjold MU - 11/21 10:55:32
               go **** yourself - pickle MU - 11/21 10:35:51
                    What's scary is sara claims to be an economics - MIZ45 MU - 11/21 11:57:34
     RE: The "no state income tax" trend is really not what... - sarasotatiger MU - 11/21 10:28:32
     RE: The "no state income tax" trend is really not what... - MOCO SON MU - 11/21 10:26:00
     Yup, this link has each states effective tax rate. - miz_zou MU - 11/21 10:12:56
          That's a crap analysis - Ferg MU - 11/21 10:26:48
               You would have to ask them, I just provided the link(nm) - miz_zou MU - 11/21 10:29:20
          It's making some assumptions that can be controlled - ummmm MU - 11/21 10:15:29
               OK(nm) - miz_zou MU - 11/21 10:26:41
     All tax is theft and destructive to overall prosperity, but - ummmm MU - 11/21 10:10:40
     wow a nice calm gyro post - Ragnar Danneskjold MU - 11/21 10:09:01
     In California - Ferg MU - 11/21 10:06:48
          Property has reassessment caps though - El-ahrairah BAMA - 11/21 10:25:36
               What difference does that make when the avg price for a - Spanky KU - 11/21 10:55:01
               It can increase a max of 2% per year and it's assessed - Ferg MU - 11/21 10:29:12
                    There’s some major goofy hoops here too - El-ahrairah BAMA - 11/21 10:35:13
                         People that bought a smaller house 20 years ago - Ferg MU - 11/21 10:38:05
                    Yea I adjusted my post - El-ahrairah BAMA - 11/21 10:30:27
     now do Florida (nm) - ashtray UF - 11/21 10:03:55
          Jupiter FLA is the - Ferg MU - 11/21 10:12:36
               Melbourne is supposed to be a gun runnin child trafficking - Uncle Fester USMC - 11/21 10:27:37
                    you’re an idiot (nm) - pickle MU - 11/21 10:30:26
                    no no, and no - ashtray UF - 11/21 10:28:54
               exactly (nm) - ashtray UF - 11/21 10:14:10
          Florida hides theirs in fees - Mormad MU - 11/21 10:05:42
               what's the difference between the cost of filing a deed in - ashtray UF - 11/21 10:08:16
                    Depends on sale price, mostly - pickle MU - 11/21 10:32:09
                    There was something special about it that adds to costs - Mormad MU - 11/21 10:15:40
                         Yes the Florida documentary stamp tax fee in all counties - Mo Texan MU - 11/21 10:24:23
                              That’s not uncommon (nm) - pickle MU - 11/21 10:34:29
                                   I Have no idea how many states have that* If I have ever - Mo Texan MU - 11/21 10:44:37
                                        It would have been on your closing disclosure - pickle MU - 11/21 13:02:51
                              Very sneaky thievery. (nm) - ummmm MU - 11/21 10:25:46
                         I'd be willing to bet the fees collected from me - ashtray UF - 11/21 10:16:55
                              well, they certainly tie better to the services that you - Mormad MU - 11/21 10:20:42




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