NationStates Jolt Archive

w/ any excuse you can devise. That will chase out the poor and bring in the big spenders.

'View Tax' Triggers Revolt in Rural N.H.

By KATHARINE WEBSTER
Associated Press Writer

ORFORD, N.H.

The one-room cabin David Bischoff built in a cow pasture three years ago has no electricity, no running water, no phone service and no driveway. What it does have is a wide-open view of nearby hills and distant mountains - which makes it seven times more valuable than if it had no view, according to the latest townwide property assessment. He expects his property taxes to shoot up accordingly....
...In Bischoff's case, the view added $140,000 to his property's underlying value of $22,900. As a result, he expects his property taxes to jump from less than $500 last year to more than $3,000 this year.

http://www.breitbart.com/news/2005/10/31/D8DJADN01.html

Kelo v. New London?

*curses NS for making him aware of that particular minutia of pointless Americana.*

New Hampshire Agriculture Commissioner Steve Taylor said the underlying problem is the "perversity" of the state's heavy reliance on property taxes. The state has no general income or sales tax, and the resulting high property taxes are hardest on those who are land- rich but income-poor.
That's part of the problem right there--if you don't have a balanced tax platform, then somebody's going to get screwed. Of course, if I lived there, I'd be giving the tax folks the big middle finger as well.

Kelo v. New London?

*curses NS for making him aware of that particular minutia of pointless Americana.*

*marks off one "goal in life*

That's part of the problem right there--if you don't have a balanced tax platform, then somebody's going to get screwed. Of course, if I lived there, I'd be giving the tax folks the big middle finger as well.

I can see relying on property taxes but $175,000 for a shed in a cow pasture?

I can see relying on property taxes but $175,000 for a shed in a cow pasture?
People down here in Florida are getting hammered by that as well--no income tax, so the state relies on sales and property taxes, and property values have goe through the roof. When the crash inevitably comes, though, the state will be hurting. In the meantime, the working middle class can't afford to buy anything, and those that own are seeing their property taxes go sky high. There will be a tax revolt here too before too long, I'll bet.

Yet another complication of land ownership.