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Property tax relief proposed
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People that build these million dollar homes and then complain about their taxes are just ridiculous.
Get some priorities.
RETIRED and HURTING
I agree there should be some mechanism to 'freeze' the amount of property taxes paid by certain qualified elderly or low income persons so they can afford to remain in their homes. It could be in the form of a recorded lien payable upon sale or transfer (except to a qualified trust) of the property.
Perhaps more to the point, most governments and school districts are beginning their budget development processes in January. More informed citizen input might help them pare back and reprioritize those expenditures dependent upon property taxes.
My experience has shown that most citizens complaining in November about property taxes have no time to be bothered in the spring when their voices could really be heard.
I pay plenty of property taxes. My neighbors that build "bigger and better" than the last, then complain about their taxes make me laugh. The three SUVs, boat, and vacation home aren't enough. They have to whine and complain over paying an increase that might actually get beginning teachers off of food stamps and free lunch programs for their kids at school.
I don't mind. As long as it goes to the right place.
This year, several acres of sage brushy hillside property in the family trust had a 600% (not a typo, that's SIX-HUNDRED percent) increase in property tax. No wonder people are selling agri-land, and sage brushy hillside to developers so they in turn can build those million dollar houses. Are there such things as "starter homes" today?
The assessed value of a home should be based on purchase price and it should remain fixed until it is again sold, except perhaps in the case of homes owned by non-natural-persons (aka trusts). A home owner--regardless of age or income--should NOT be faced with higher taxes simply because the market suggests his home has increased in value. If a taxing entity needs more money, let them convince the voting public to approve a rate increase on property taxes.
I don't even have a problem with impact fees at time of new construction.
But it just isn't right to have property taxes going up every year without even needing a vote on the matter. I don't know any of us whose incomes are rising as fast as home values have risen the last few years. Retired or not, rising property taxes can put the hurts on a lot of homeowners. A family's home should NOT be at ever increasing risk to the tax man. It should the one asset we most protect in the interest of family and community stability.
but 'we the people' can do something,,, utah is a signatory initiative state .. just like the voucher petition forced a ballot vote .. so 'we the people' can force a property tax petition and change the property tax assessment ourselves .. totally by-passing the capitol hill gang all together ...
either they step up to the plate and change the property tax assessment to the original purchase price .. or 'we the people' will !!!
nothing fair about me having to pay increased taxes on my property because a housing development or a mansion went in at the end of my street ... nothing fair about me only able to buy a certain amount of house but be taxed higher and higher .. my wage determined what i could buy .. why doesnt my wage determine my property taxes ? my property taxes went up 52% this year, my employer didnt give a pay raise even close to that .. if my wife didnt work i would have a house to live in ... enough is enough
'we the people' will make the property tax law now
utah .. we can and should by-pass capitol hill and create a petition for a property tax of 1% of the original purchase price ....
screw rolling averages, screw 5% caps, forget capitol hill's line in the sand ...
utah registered voters we can and need to take control on this issue ... we DONT need capitol hill on this issue at all .. and apparently they arent listening to us ... so forget them ... let's get our property assessments where they should be and what we can afford because that is all the money we had to buy the stupid place to begin with ...