How High Are Property Taxes in Your State?

TBL Comment: “We have all seen the evidence and heard the debates on American Citizens being “indentured servants” to European Royalty and The Banksters as a result of some under-the-table dealings by our forefathers.  Lets take a snippet of present day and see how ‘those days of old’ are effecting us.
 Scenario:  You want to buy a home with land.  You go to the Bank.  They create money on paper. (WoW, money out of thin air.)  You accept ‘this money’ with the understanding it is not yours.  (It says right on it that it belongs to the Federal Reserve.) Now each month you give the Bank back ‘real money’ you have earned at your 8 to 5. Years go by and you finally pay off the Bank.  You get a deed that says the house and land belong to you.  But does it really?  What about taxes?  What happens if you don’t agree with the taxation system and the tax assessors opinion of value? What happens if you don’t pay those taxes or you have a land dispute involving zoning due to some changes you have made to the property.  There are many reasons the Government can take over your bank account and/or property.  For years the Banksters and their Congressional buddies have slowly made (step by step)  what used to be illegal, now legal.  That is what Fascist Governments do!” ~ Ralph Ely, TLB

States tax real property in a variety of ways: some impose a rate or a millage—the amount of tax per thousand dollars of value—on the fair market value of the property, while others impose it on some percentage (the assessment ratio) of the market value, yielding an assessed value.

Some states have equalization requirements, ensuring uniformity across the state. Sometimes caps limit the degree to which one’s property taxes can rise in a given year, and sometimes rate adjustments are mandated after assessments to ensure uniformity or maintenance of revenues. Abatements are often available to certain taxpayers, like veterans or senior citizens. And of course, property tax rates are set by political subdivisions at a variety of levels: not only by cities and counties, but often also by school boards, fire departments, and utility commissions.

Today’s map cuts through this clutter, presenting effective tax rates on owner-occupied housing. This is the average amount of residential property tax actually paid, expressed as a percentage of home value. Some states with high property taxes, like New Hampshire and Texas, rely heavily on property taxes in lieu of other major tax categories; others, like New Jersey and Illinois, impose high property taxes alongside high rates in the other major tax categories.

New Jersey has the highest effective rate at 2.38% and is followed closely by Illinois (2.32%), New Hampshire (2.15%), and Connecticut (1.98%). On the other end of the spectrum, Hawaii has the lowest effective rate at 0.28%, and is followed closely by Alabama (0.43%), Louisiana (0.51%), and Delaware (0.55%). How does your state compare?

Original article here

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