Yesterday I wrote out checks to three different tax offices representing the 7 different taxing authorities that have managed to define their existence by collecting money on the percieved value (that they determine) of my home.
I own my home. I have to pay them for the privilage of keeping it. Something over $3000/year now. This is just the direct property taxes and doesn’t include all the “services” I’m billed for by the city, county, etc.
That’s 5% of what I paid for the place…every year…and it keeps going up, far in excess of inflation.
If I were to pay that monthly it would amount to over $260/mo.
If I improve my home…even with a coat of paint, I’ll be punished with a higher valuation and resulting higher taxes.
Something’s upside down here.