How many kids over how many years? Perp

On Feb 18, 2017 5:41 PM, "'Perplexed' via PoliticalForum" <
[email protected]> wrote:

>
> Wow, that's horrible. A $250K home here would pay about $2K/year in
> property taxes. And yeah, it goes to the state and then to schools -
> including all the FAILING public ones. I have paid property taxes here for
> decades and only had kids in public schools for a few years. Then I moved
> them to a private school and spent $250K on tuition. That's messed up.
> Money should follow the CHILD. I should be able to spend my money where MY
> kids go to school - not where other people's kids go to school PLUS where
> mine go to school.
>
> On Saturday, February 18, 2017 at 6:11:11 PM UTC-5, brine wrote:
>>
>> In NJ, the cities determine the tax burden ... his house was about $300K
>> when he sold it ... my house's taxes are based on the last time they
>> assessed the property, so for the $68K structure, based on the twisted
>> formula they use ... building and land are different (current price for my
>> house would be about $250K, I pay $8K per year ... the concept is that we
>> are paying 75% for the schools, but the money goes to the state and is then
>> spent how THEY determine it should be spent ... so, in effect my taxes pay
>> for the charter schools that get 3 or 4 times what my local kids get!!! I
>> never had kids, but I always thought that since we use property taxes to
>> pay for schools, it should be directly spent where I live!!!
>>
>>
>> On Sat, Feb 18, 2017 at 5:36 PM, 'Perplexed' via PoliticalForum <
>> [email protected]> wrote:
>>
>>>
>>> So the property tax rate varies widely by county or city too?
>>>
>>> Out of curiosity, what value was your friend's home that had to pay
>>> $15K/year? That would be about a $2+ million dollar home here (with the
>>> homestead credits).
>>>
>>> On Saturday, February 18, 2017 at 5:08:11 PM UTC-5, brine wrote:
>>>>
>>>> We only have a State sales tax, which is 7% but less u=in "Urban
>>>> Economic Zones" ... failing cities like Newark and Camden ... When they put
>>>> in the sales tax, while I was living in NY, it was supposed to help pay for
>>>> schools and lower property taxes, just like the lottery and Casino gambling
>>>> ... somehow they have always fallen short of the amazing savings we would
>>>> get for paying more!!! I have lived in my house for 22 years now
>>>> ...property taxes have gone up 400% in that time ... amazingly enough, my
>>>> town is one of the least expensive to live in based on property taxes ... a
>>>> co-worker of mine had to sell his house and move to a different town
>>>> because they upped his taxes to $15K and could not afford to live there
>>>> anymore!!!
>>>>
>>>>
>>>> On Sat, Feb 18, 2017 at 3:27 PM, 'Perplexed' via PoliticalForum <
>>>> [email protected]> wrote:
>>>>
>>>>>
>>>>> I've talked with people from NJ before and was astonished at your
>>>>> property taxes.
>>>>>
>>>>> But if that is ALL you pay (the article says there are no county or
>>>>> local sales or income taxes), it depends on what your state charges for
>>>>> sales and income taxes if you want to compare NJ to different states.
>>>>>
>>>>> I live in Indiana and for owner-occupied homes, our property taxes are
>>>>> capped at 1% of market value (after generous deductions are applied); the
>>>>> average actual rate paid is 0.88%. Our state income tax rate is 3.23%.
>>>>> Counties are allowed to charge additional income taxes; most are <2% but a
>>>>> couple are 3% (up by Chicago). The state sales tax rate is 7% and 
>>>>> counties,
>>>>> localities can't add to this, but they can add a restaurant tax (1% for
>>>>> every county that does this except for one county that charges 2%) for
>>>>> food/beverages and a lodging tax too.
>>>>>
>>>>> Then they charge excise taxes for cars - 1.25% on depreciated car
>>>>> value with a minimum of $12.
>>>>>
>>>>> So needless to say, our taxes are pretty low.
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>> On Saturday, February 18, 2017 at 10:04:51 AM UTC-5, brine wrote:
>>>>>>
>>>>>> ... just some data on my State, how does your State and taxes
>>>>>> compare???
>>>>>>
>>>>>> http://www.nj.com/politics/index.ssf/2017/02/7_reasons_why_
>>>>>> njs_property_taxes_are_highest_in_us.html#incart_river_home
>>>>>>
>>>>>> --
>>>>>> brine
>>>>>> http://brineb.blogspot.com/
>>>>>>
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>>>>
>>>>
>>>>
>>>> --
>>>> brine
>>>> http://brineb.blogspot.com/
>>>>
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>>
>>
>>
>> --
>> brine
>> http://brineb.blogspot.com/
>>
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