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Old 09-26-2018, 09:15 PM   #43
Garcia
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Quote:
Originally Posted by AC2717 View Post
there's the crux, value (market), taxes are based on value, what I am saying taxes should be based on amount of land and sqft of the building, nothing to due with market value

1 acre in east overshoe in the center of town, vs one acre anywhere else in east overshoe should be taxed and the same amount, at the end of the day they are both still an acre in east overshoe

this also eliminates the need to abate, need to hire assesors, maybe even the need to have an assesors department and so on
It doesn't work. Either the less desirable piece of land pays too much, the more desirable not enough, or the town doesn't generate enough money to provide services.

Think of it this way - would we want to work somewhere where everyone started at the same pay and received the same the percent increase in pay each year? My guess is no - we want the ability to be judged on our merit and receive our pay accordingly. Shouldn't the same standard be applied to our property? If I chose to spend my money and improve the value of my property, what's wrong with my taxes being assessed on what it is worth - just like my salary being based on the quality of my work? The grey area is the valuation - I know in my case my property is worth WAY less than the assessor thinks it is - until I go to sell it when suddenly it's worth a lot more!

As to the original post, if someone wants to give me the property I am more than happy to figure out how to pay the tax bill on it!
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