Bankhead Lake Topics: Taxes

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	Name:	Feb -
	Subject:	Taxes
	Date:	4/7/2004 5:30:06 PM

I feel for you and please do not take what I am about to state the wrong way. (Just an opinion) I don't know where you are going to go to in 10 years. Like stated in the early thread, Arkansas is the only state with lower property tax. It is not that much lower than Alabama. Personally, I am just tickled with how low the property tax is on my Lake Martin property. Yes, a jump in appraisal rate is a double edged sword. It means you property is worth more, but your taxes will be higher. A 10% increase is not as bad as a 22% appraisal value increase in my current home state property over the past year alone. I find it hard to comprehend what the person from Missouri. (Have to Show-Me that one) Their school tax is $5.00 per hundred dollars of property value. Wow!

Another thing to think about is that your property tax is a deduction on both your Federal and State Income taxes. Sales tax is not.

I hate to see anyone have to loose their home because they can not afford the taxes. Don't know what the solution is other than to raise luxury taxes and taxes on cigarettes and alcoholic beverages. Alabama also is one of the five lowest States on tobacco taxes. Then all of us suffer the expense that tobacco related diseases cost us in health insurance and etc. There are plenty of people smarter than I am that may know of some solutions. I am listening.

Other messages in this thread:

View Entire Thread

Taxes - Fl cracker - 4/7/2004 4:24:47 PM

Taxes - Feb - 4/7/2004 5:30:06 PM

Taxes - Fl cracker - 4/7/2004 5:42:12 PM

Sorry - Feb - 4/7/2004 6:04:55 PM

Taxes - roswellric - 4/7/2004 6:22:56 PM

Taxes - FLee - 4/7/2004 9:39:27 PM

Taxes - lakebum - 4/8/2004 6:26:08 AM

Taxes - ChrisCraft - 4/10/2004 1:36:51 AM

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