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goodnatured
Joined: 03 Nov 2007
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Posts: 3927
10 Magic Points
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fireyone
Joined: 26 Feb 2008
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Posts: 4285
127 Magic Points
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Mon Aug 11, 2008 1:49 am
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| Probaly be better off. |
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erb1953
Joined: 31 Dec 2007
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Posts: 573
-53 Magic Points
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Wed Aug 13, 2008 2:52 am
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| I hear some older people say that you never own anything especially your home, if you don't pay your taxes they will come in and sheriff sell you out, do yeah, I guess in a sense you are renting your own home. |
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goodnatured
Joined: 03 Nov 2007
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Posts: 3927
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Wed Aug 13, 2008 2:57 am
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I have heard some older people say this too, it is true though, I think at some point as you get older they need to dump the property taxes. In some states they don't even have the property taxes, they put a bigger sales tax out there and the state and local government makes there many that way.
I say at retirement, no taxes.
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fireyone
Joined: 26 Feb 2008
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Posts: 4285
127 Magic Points
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Wed Aug 13, 2008 12:12 pm
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| I wonder which is actually better. I think (unless GN throws a reason out here that would change my mind) I would rather have higher sales tax. My taxes here are over $1200 a year. Throw in the borough tax $67, personal taxes for hubby & myself $40 (a year). This all adds up sooo quickly. The borough taxes are that high because we live in an Amish community and they don't pay taxes so it falls back on us to up keep the borough. |
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goodnatured
Joined: 03 Nov 2007
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Posts: 3927
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Thu Aug 14, 2008 2:53 am
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Well, I figure with the sales tax we have a choice to purchase it or not, with taxes on real estate, our homes we don't have a choice, we have to have a roof over our heads. Many states do not have taxes on their property it is all based on sales tax, I think Pennsylvania needs to look at these models and see if they are working for them and how?
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Goodnatured,
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for all the ways I make $$ online
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anthony
Joined: 31 Jul 2006
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Posts: 516
13571 Magic Points
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Thu Aug 14, 2008 10:24 am
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It is not always possible to purchase things based on what will be the sales tax on it. This is because there are certain necessities which we have the purchase even if we need to pay sales tax on these commodities. But one feature of sales tax which differentiates it from property tax as goodnatured said is that in case of sales tax if we do not pay the tax, we will not be able to purchase the product, and so we have a choice. But in case of property tax we need to pay it annually even if we do not stay at the apartment for which we need to pay the tax.
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A positive attitude is not achieved by turning a blind eye to the negative, but rather by responding to every situation in the most positive way possible. |
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fireyone
Joined: 26 Feb 2008
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Posts: 4285
127 Magic Points
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Thu Aug 14, 2008 12:18 pm
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I agree Gn. Eveyr fall we go through the same stressful dilema. Property tax, fuel, school clothes and the upcoming Holidays. A paycheck only goes so far. I was recently up in Deleware and do you know they have no taxes at all? They are actually a tax free state. I was in a country shop and when an older lady checked me out it was exactly what I owed.
I asked her if she had added tax (not wanting her to be responsible for the extra money) and she told me this. Of course they are a state full of beaches and they use that revenue to keep residents from being taxed. |
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