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Jay Evensen: Cold facts tend to cool off the ire over taxe
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Evensen is clueless on some things, but not this issue.
I'm tired of never truly owning my home and always being at risk of losing it just because of the property tax burden our bloated government (especially the schools) places on it. I thought we believed in property ownership in American. Looks like that's just another fairy tale.
Property Valuation in Salt Lake City in 2007 exploded by 20%. Few noticed this. Most thought this was a tax reduction because your tax bill mailed to you used the lowest EFFECTIVE TAX RATE ever .... .65% By doing so, your tax bill for 2007, in most cases, appeared to go DOWN! The .65% EFFECTIVE TAX RATE slyly hid the real impact of a whopping 20% valuation increase on your home!
When this EFFECTIVE TAX RATE returns to normal .... back to the .77 to .87 rates, you'll be whacked with a tax bill you won't believe. You will believe it, though, when you lose your home. You'll discover that in just ten short years your property tax will EXCEED income.
How about including these COLD facts?!
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The truth is, I think government is way too big and takes too much in taxes. It should let the individual earners decide the best way to spend their money. There are certainly critical services that only government can provide but I think those are a fraction of the current role government is playing.