@Gandalf @greynotsoold I'm trying to tell Gandalf about those thing, but he is talking from another continent and does not have any experience in the USA and he goes by a lot of hearsay about the USA. But he never wants to come to check it out to see what I am saying to him is true.
Great point there gray not so old
https://smartasset.com/taxes/new-yor...tax-calculator
It would have to be a very expensive home as the rates are not quite what you were suggesting. The average person probably lives in a home between 150-250,000 dollars.
but that's okay you keep all getting your information from books and websites and don't do anything on the ground with boots and with your own eyes and first head experience, you know, LIKE THE PEOPLE WHO ARE ACTUALLY LIVING HERE?
Facts are facts and I can know how much people pay in council tax or US property tax with a cursory Internet search or by reading a few articles. You also fail to consider that not everyone lives in a major city or even wants to. Good property can be found in more rural areas at a reasonable cost.
I am awaiting Grey to tell us of the property prices in the area where people pay more than half the average income on property tax. I am guessing they have very expensive property and income that can pay to maintain a lifestyle.
@walrus @El Kabong
What are the property taxes in your areas?
Haha yeah it's that easy get all your stuff from a book
I gotta check the exact number but oddly enough we fought our rate with the town when we saw compatibles in the area. My neighbor has central AC which we also have and found out he was paying less in taxes than us. We went before a small board and this one guy was saying we had little chance of winning but shortly after we received a letter that they ruled in our favor and lowered our rate. Taxes vary so much from town to town it’s crazy. If my house was less than half a mile further down the road it would probably be worth 75k more with a much higher tax rate as it known as a more exclusive town. Weird.
How much are those properties? Are they located in the nicer parts of town? I am guessing they are not cheap properties. The average US income is not much above the amount you are stating. A progressive system is a better one, but still what is that really paying for?
If someone has a very large income then I am in favor of a progressive form of taxation on that income. I just don't like the idea of paying a tax just because you live in a house and frankly I think councils are often sub par and provide poor service. I was walking on ice for days in the UK which seldom happens here despite having far more snow and apparently the street had rats in the summer because rubbish collection had been reduced. If you are not going to provide services, then reduce the fee.
My issue with council tax in the UK too is that it is regressive and so the rich pay very little comparatively yet the poor can end up paying a fair bit. If your income is say 14,000 pounds a year then 1,500 pounds to live in a rented home is a fairly steep amount. To a person earning 140,000 pounds a year 2,300 pounds really is peanuts. Government in the UK spends billions subsidizing rents too which is again an absurd thing. Government has failed people in many ways. Council taxes themselves are a relatively new tax. My other issue is of course VAT which affects the poor more comparatively speaking unless the rich person has a vulgar caviar addiction.
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