Property taxes are government rent with a nice label. You can spend your life paying off a mortgage, maintain your place, raise your family there—and still lose it if you can’t keep up with the annual bill.
I became a realtor back in 2006 and realized the same thing you just wrote about early into that former career. Yes, delinquent property taxes put a home buyer in jeopardy!
Another topic of concern to me is those who use they current system to buy homes that would otherwise be considered starter homes. How many know someone who can't afford a home but must rent after they get married? I think investors and super high rent are a shame upon this country. In my current neighborhood, homes average in the $300 -450,000 range. Once they are bought by an investor, the rents go for up to ,$2,500 per month. We all know that price range could be affordable to your couples but they can't pay CASH like the super investor who is becoming rich and stealing affordable housing out from under those who need a home. My nephew and new wife had to live with her parents for over a year. Then his grandfather died, and the family was able to help them get a loan and buy family property. Flipping houses got started in 2008 and is still strong today. That buy low and grow rich has spread throughout the country and many potential homeowners are shut out of the market. Limit the number of rental properties an INVESTOR can buy or tax them out of business.
Sounds good BUT MOST of the business that buy up all this property leads back to china,BlackRock & they already own America.Those plans are great but will never happen because of all the dirty politicians in Jackson taking $ under the table to vote against such tax.Instead they go after the middle class & have destroyed it ALL to feather themselves. DONT CARE ABOUT ANY1 ELSE.Until regular blue collar workers primary ALL OF THEM & people turn out in mass to vote them out,Things will never change.Only get worse & worse.Private parties are suffering now & if a corporation comes willing to pay 10k+ more than anyone else the seller will jump on it.Jackson only cares about poor people when it’s close to election time.Out of 300 in Jackson I’m going to say is 15 that’s actually working for the people instead of just themselves.We saw that during Covid with Gunn,Hosemann & several others Demanding people take the poison & trying to insist kids get poison shots before they can go to school.Taking big pharma $ & they didn’t care it was harming kids for life if not killing them.ONLY ABOUT FEATHERING THEIR NEST
Nothing but theft,Fraud,held hostage,Illegal & unconstitutional.Just because a group CRIMINAL POLITICIANs meet & vote on something doesn’t mean it’s legal.has it ever went in front of the Supreme Court? Federal taxes: The I.R.S. as written in
Title 26 was never codified into positive law.
There is no law that states you must pay tax on your income or labor.it’s extortion & I believe that’s against the law.These cities pop up wherever the supervisors agree & start charging people $ where they can afford it or not.If they can’t,”TOO BAD! We will just take it away from you”.Then if 1 lives in the city they have to pay BOTH county AND city taxes which is triple wrong & should be illegal.it shouldnt be ANY especially 2 x in same place,County or city pick 1. The governments wont allow people to get on their feet. They keep their feet on people so they will be subservient to them.a pay check only goes so far. That’s another reason MS people are among the poorest in the nation. They Were supposed to faze taxes out in 2019 then all sudden it comes up AGAIN this year🤷🏻♂️I’m almost certain the governor signed it back then.Its always years later when it supposed to happen.Tn has no state taxes & has more $ & pays more than Ms jobs.You would think they could follow lead. We live already in a communist/socialist America. Politicians just call it a different name.ACTIONS speak louder than words.
I realize that the government needs money to support infrastructure and law enforcement BUT to keep on taxing people that have no children for supporting public schools for those that do is not fair taxation no matter how one sees it. Taxing property of folks after age 65 who have long ago paid their bribe (government tithe) to the government is ludicrous! Those folks need a pass.
A fair tax would be collecting a tax at the point of purchase from everyone with nobody being exempt. End tax breaks or exemptions for businesses that states use as bribes to get businesses to open in their respective states and for colleges and universities too.
AMEN,This very million & multimillion $ businesses slip $ under the take to get the politicians to vote in their support. We can’t afford the gas to go to Jackson much less slip $. Thats where they win. Falls on the middle class.The states that are the poorest has the most corrupt politicians.FACTS! Then you have 2 classes left. Rich & Broke.In fairness not all politicians in Jackson are dirty. Just 98%.. If they would vote on terms limits for EVERYBODY a lot of this would stop. They wouldnt have a lot of time to get filthy rich on 80K a year.Put up for a vote during a big state election
I became a realtor back in 2006 and realized the same thing you just wrote about early into that former career. Yes, delinquent property taxes put a home buyer in jeopardy!
Another topic of concern to me is those who use they current system to buy homes that would otherwise be considered starter homes. How many know someone who can't afford a home but must rent after they get married? I think investors and super high rent are a shame upon this country. In my current neighborhood, homes average in the $300 -450,000 range. Once they are bought by an investor, the rents go for up to ,$2,500 per month. We all know that price range could be affordable to your couples but they can't pay CASH like the super investor who is becoming rich and stealing affordable housing out from under those who need a home. My nephew and new wife had to live with her parents for over a year. Then his grandfather died, and the family was able to help them get a loan and buy family property. Flipping houses got started in 2008 and is still strong today. That buy low and grow rich has spread throughout the country and many potential homeowners are shut out of the market. Limit the number of rental properties an INVESTOR can buy or tax them out of business.
Sounds good BUT MOST of the business that buy up all this property leads back to china,BlackRock & they already own America.Those plans are great but will never happen because of all the dirty politicians in Jackson taking $ under the table to vote against such tax.Instead they go after the middle class & have destroyed it ALL to feather themselves. DONT CARE ABOUT ANY1 ELSE.Until regular blue collar workers primary ALL OF THEM & people turn out in mass to vote them out,Things will never change.Only get worse & worse.Private parties are suffering now & if a corporation comes willing to pay 10k+ more than anyone else the seller will jump on it.Jackson only cares about poor people when it’s close to election time.Out of 300 in Jackson I’m going to say is 15 that’s actually working for the people instead of just themselves.We saw that during Covid with Gunn,Hosemann & several others Demanding people take the poison & trying to insist kids get poison shots before they can go to school.Taking big pharma $ & they didn’t care it was harming kids for life if not killing them.ONLY ABOUT FEATHERING THEIR NEST
Nothing but theft,Fraud,held hostage,Illegal & unconstitutional.Just because a group CRIMINAL POLITICIANs meet & vote on something doesn’t mean it’s legal.has it ever went in front of the Supreme Court? Federal taxes: The I.R.S. as written in
Title 26 was never codified into positive law.
There is no law that states you must pay tax on your income or labor.it’s extortion & I believe that’s against the law.These cities pop up wherever the supervisors agree & start charging people $ where they can afford it or not.If they can’t,”TOO BAD! We will just take it away from you”.Then if 1 lives in the city they have to pay BOTH county AND city taxes which is triple wrong & should be illegal.it shouldnt be ANY especially 2 x in same place,County or city pick 1. The governments wont allow people to get on their feet. They keep their feet on people so they will be subservient to them.a pay check only goes so far. That’s another reason MS people are among the poorest in the nation. They Were supposed to faze taxes out in 2019 then all sudden it comes up AGAIN this year🤷🏻♂️I’m almost certain the governor signed it back then.Its always years later when it supposed to happen.Tn has no state taxes & has more $ & pays more than Ms jobs.You would think they could follow lead. We live already in a communist/socialist America. Politicians just call it a different name.ACTIONS speak louder than words.
I realize that the government needs money to support infrastructure and law enforcement BUT to keep on taxing people that have no children for supporting public schools for those that do is not fair taxation no matter how one sees it. Taxing property of folks after age 65 who have long ago paid their bribe (government tithe) to the government is ludicrous! Those folks need a pass.
A fair tax would be collecting a tax at the point of purchase from everyone with nobody being exempt. End tax breaks or exemptions for businesses that states use as bribes to get businesses to open in their respective states and for colleges and universities too.
AMEN,This very million & multimillion $ businesses slip $ under the take to get the politicians to vote in their support. We can’t afford the gas to go to Jackson much less slip $. Thats where they win. Falls on the middle class.The states that are the poorest has the most corrupt politicians.FACTS! Then you have 2 classes left. Rich & Broke.In fairness not all politicians in Jackson are dirty. Just 98%.. If they would vote on terms limits for EVERYBODY a lot of this would stop. They wouldnt have a lot of time to get filthy rich on 80K a year.Put up for a vote during a big state election
The only break in MS for property owners is Homestead Exemption and that is a deduction off the full property tax.
Correct! In Mississippi and many other states, you have to pay your bribe to keep real estate property.