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NY Property Tax Article

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Ang-Rich
Beyond Compare

Member since 5/05

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NY Property Tax Article

Not that we don't already know...NY Times

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Posted 4/27/06 9:50 AM
 
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lorich
.

Member since 6/05

9987 total posts

Name:
Grammie says "Lora Gina"

Re: NY Property Tax Article

Makes me wonder why I don't move back home... $5,023....So much better than $11,295Chat Icon

Posted 4/27/06 9:59 AM
 

karacg
Babygirl is 4!

Member since 5/05

17076 total posts

Name:
Kara®

Re: NY Property Tax Article

Thats why we are thinking about moving to Orange County... DH needs his NYC salary.

Posted 4/27/06 10:00 AM
 

MrsProfessor
hi

Member since 5/05

14279 total posts

Name:

Re: NY Property Tax Article

Wow, I am living in Putnam now...makes me wonder why we didn't just **** it up a little more and go to Dutchess- it's about a $4k difference! Chat Icon

Posted 4/27/06 10:34 AM
 

Karen
Just chillin'!!

Member since 1/06

9690 total posts

Name:
Karen

Re: NY Property Tax Article

lovely!!

did the article give a reason why we are being screwed??

Posted 4/27/06 10:41 AM
 

patti08
Happy

Member since 5/05

3893 total posts

Name:
Patti

Re: NY Property Tax Article

Thank you for posting this.

I urge everyone to write to your state representavives about the unfair and unjust imbalance of our state tax responsibility compared to NYS residents upstate.

Email the Governor Here

Find your State Rep's contact info here

In many cases upstaters have much bigger properties than we do, their utilities require a longer distance to be delivered, and their children need to be educated just as ours do - and infact most ride much further on a school bus to do so...


Who do you think is paying for these?

GOVERNOR APPROVES $31.6 MILLION BUFFALO SCHOOL CONSTRUCTION AID PACKAGE

GOVERNOR APPROVES $26.5 MILLION ROCHESTER SCHOOL CONSTRUCTION AID PACKAGE

GOVERNOR APPROVES $17.1 MILLION SYRACUSE SCHOOL CONSTRUCTION AID PACKAGE

GOVERNOR APPROVES $18.6 MILLION YONKERS SCHOOL CONSTRUCTION AID PACKAGE

UM...where are our increases?

GOVERNOR APPROVES $26.4 MILLION AID INCREASE TO CITY OF BUFFALO
GOVERNOR APPROVES $17.9 MILLION AID INCREASE TO CITY OF ROCHESTER
GOVERNOR APPROVES $14.4 MILLION AID INCREASE TO CITY OF SYRACUSE
GOVERNOR APPROVES $1.9 MILLION AID INCREASE TO CITY OF ALBANY
GOVERNOR APPROVES $1.6 MILLION AID INCREASE TO CITY OF BINGHAMTON
GOVERNOR APPROVES $507,000 AID INCREASE TO CITY OF PLATTSBURGH
GOVERNOR APPROVES $2.8 MILLION AID INCREASE TO CITY OF UTICA
GOVERNOR APPROVES $1.6 MILLION AID INCREASE TO CITY OF ROME
GOVERNOR APPROVES $864,000 AID INCREASE TO CITY OF WATERTOWN
GOVERNOR APPROVES $511,000 AID INCREASE TO CITY OF AMSTERDAM
GOVERNOR APPROVES $241,000 AID INCREASE TO CITY OF CORNING
GOVERNOR APPROVES $803,000 AID INCREASE TO CITY OF ELMIRA
GOVERNOR APPROVES $812,000 AID INCREASE TO CITY OF JAMESTOWN
GOVERNOR APPROVES $266,000 AID INCREASE TO CITY OF ONEIDA
GOVERNOR APPROVES $20.8 MILLION AID INCREASE TO CITY OF YONKERS
GOVERNOR APPROVES $239,000 AID INCREASE TO CITY OF GLENS FALLS
GOVERNOR APPROVES $686,000 AID INCREASE TO CITY OF POUGHKEEPSIE
GOVERNOR APPROVES $456,000 AID INCREASE TO CITY OF KINGSTON
GOVERNOR APPROVES $402,000 AID INCREASE TO CITY OF MIDDLETOWN

Posted 4/27/06 11:41 AM
 

MrsProfessor
hi

Member since 5/05

14279 total posts

Name:

Re: NY Property Tax Article

Patti, thanks for posting that info. Besides being a downstate homeowner, I am also a teacher in NYC and we have been waiting YEARS to get our share of the state's lottery money. Overcrowding in NYC schools is a huge problem and even though we've been promised $$ I doubt we'll see it soon. The governor probably knows that downstaters aren't likely to support him when he runs for President so he's favoring upstate.

Posted 4/27/06 12:11 PM
 

schnapy
LIF Adolescent

Member since 9/05

766 total posts

Name:
Diana

Re: NY Property Tax Article

NYC always kills me, why cant they pay higher taxes???

I dont understand

Posted 4/27/06 12:17 PM
 

lorich
.

Member since 6/05

9987 total posts

Name:
Grammie says "Lora Gina"

Re: NY Property Tax Article

Posted by patti08
In many cases upstaters have much bigger properties than we do, their utilities require a longer distance to be delivered, and their children need to be educated just as ours do - and infact most ride much further on a school bus to do so...



Very true...coming from a born and raised "upstater" we own 3.5 acres of land, our driveway alone is the size of the block I live on now, I had friends come from one complete opposite side of the county to my school...I think she travelled 20 miles to get to school.

One thing I will say about most...(mostly MY) upstate school is it $UCKED! It's a class D school - K-12 in one bldg. Education is something they're DEFINITELY lacking up there. I recall my Junior year participating in a "walk out" because the tax payers veto school sports. I had friends who depended upon a sports scholarship to get them into college and were looking to going into another school (private).

Salaries, believe it or not are comperable to what is being made down here...except for teachers. Teachers on LI make 3 even 4 times as much as they do upstate.

Message edited 4/27/2006 12:29:00 PM.

Posted 4/27/06 12:24 PM
 

DjPiLL

Member since 5/05

3664 total posts

Name:
Richard

Re: NY Property Tax Article

Posted by schnapy

NYC always kills me, why cant they pay higher taxes???

I dont understand




Cause they pay NYC income taxes.

Posted 4/27/06 12:52 PM
 

patti08
Happy

Member since 5/05

3893 total posts

Name:
Patti

Re: NY Property Tax Article

Posted by DjPiLL

Posted by schnapy

NYC always kills me, why cant they pay higher taxes???

I dont understand




Cause they pay NYC income taxes.



What you pay for income tax should have no bearing on what you pay in property tax.

I've chosed to own property in a place where I pay a village tax. It is my choice to live there and avail myself of the services and pay this additional tax. That tax has nothing to do with what I should (according to current law and not my opinion) pay as far as property tax.

Posted 4/27/06 1:06 PM
 

DjPiLL

Member since 5/05

3664 total posts

Name:
Richard

Re: NY Property Tax Article

Posted by patti08

Posted by DjPiLL

Posted by schnapy

NYC always kills me, why cant they pay higher taxes???

I dont understand




Cause they pay NYC income taxes.



What you pay for income tax should have no bearing on what you pay in property tax.

I've chosed to own property in a place where I pay a village tax. It is my choice to live there and avail myself of the services and pay this additional tax. That tax has nothing to do with what I should (according to current law and not my opinion) pay as far as property tax.




Yes it does. Things like public service that are paid with LI property taxes... are paid in NYC by paying a NYC income tax.

You know why in NYC its set up this way? Because MANY more people in NYC rent... compared to own.

Posted 4/27/06 1:09 PM
 

dpli
Daylight savings :)

Member since 5/05

13973 total posts

Name:
D

Re: NY Property Tax Article

Posted by DjPiLL

Posted by schnapy

NYC always kills me, why cant they pay higher taxes???

I dont understand




Cause they pay NYC income taxes.



What we paid last year in NYC income tax is roughly the difference between what we would pay in property tax if we lived in Queens vs. Nassau. You get hit as a NYC resident, believe me, you just pay it in a different way.

Posted 4/27/06 2:23 PM
 

DjPiLL

Member since 5/05

3664 total posts

Name:
Richard

Re: NY Property Tax Article

Posted by dpli

Posted by DjPiLL

Posted by schnapy

NYC always kills me, why cant they pay higher taxes???

I dont understand




Cause they pay NYC income taxes.



What we paid last year in NYC income tax is roughly the difference between what we would pay in property tax if we lived in Queens vs. Nassau. You get hit as a NYC resident, believe me, you just pay it in a different way.




Yeah... and then add how much significantly MORE housing costs in NYC.

You can't find a house for 400k in Queens. No way! Hell... you can't find a 500k house.

If you can find something thats 500k... its most likely trash or needs a lot of work.

Posted 4/27/06 2:29 PM
 

patti08
Happy

Member since 5/05

3893 total posts

Name:
Patti

Re: NY Property Tax Article



What you pay for income tax should have no bearing on what you pay in property tax.

I've chosed to own property in a place where I pay a village tax. It is my choice to live there and avail myself of the services and pay this additional tax. That tax has nothing to do with what I should (according to current law and not my opinion) pay as far as property tax.




Yes it does. Things like public service that are paid with LI property taxes... are paid in NYC by paying a NYC income tax.

You know why in NYC its set up this way? Because MANY more people in NYC rent... compared to own.




Point well taken, that mostly makes sense to me but aren't the landlords paying the property tax - every property gets taxed regardless of if it's owner occupied or rented.

Posted 4/27/06 3:17 PM
 

DjPiLL

Member since 5/05

3664 total posts

Name:
Richard

Re: NY Property Tax Article

Posted by patti08

Point well taken, that mostly makes sense to me but aren't the landlords paying the property tax - every property gets taxed regardless of if it's owner occupied or rented.





Yes they get taxed. But since home ownership in NYC is nothing next to Long Island... this is NYC's most lucrative way to get their money.

Posted 4/27/06 3:25 PM
 

patti08
Happy

Member since 5/05

3893 total posts

Name:
Patti

Re: NY Property Tax Article

Posted by DjPiLL

Yeah... and then add how much significantly MORE housing costs in NYC.

You can't find a house for 400k in Queens. No way! Hell... you can't find a 500k house.

If you can find something thats 500k... its most likely trash or needs a lot of work.



True, but that has nothing to do with it, how much you pay or overpay for your property is a choice you make.

If you buy like I did in a place where you have additional taxes to pay you should still have an equal responsibility to the state.

I'd like to add that I have a huge problem with taxes and I really think gov't should be downsized and we should be absloved of paying most taxes.

Posted 4/27/06 3:30 PM
 

schnapy
LIF Adolescent

Member since 9/05

766 total posts

Name:
Diana

Re: NY Property Tax Article

doesnt everyone pay income taxes???

Message edited 4/27/2006 3:44:22 PM.

Posted 4/27/06 3:42 PM
 

DjPiLL

Member since 5/05

3664 total posts

Name:
Richard

Re: NY Property Tax Article

Posted by schnapy

doesnt everyone pay income taxes???




There is no separate Long Island income tax as there is in NYC.

I pay the same NY state tax living in Queens as I do living in Nassau now.

Posted 4/27/06 3:45 PM
 

schnapy
LIF Adolescent

Member since 9/05

766 total posts

Name:
Diana

Re: NY Property Tax Article

Posted by DjPiLL

Posted by schnapy

doesnt everyone pay income taxes???




There is no separate Long Island income tax as there is in NYC.

I pay the same NY state tax living in Queens as I do living in Nassau now.



I dont understand, I said why cant they raise the taxes in NYC you said because they pay income tax, but so do we here in nassau. So whats the difference?

Im not being a smart *** Im not understandiung

Posted 4/27/06 3:50 PM
 

DjPiLL

Member since 5/05

3664 total posts

Name:
Richard

Re: NY Property Tax Article

Posted by schnapy

There is no separate Long Island income tax as there is in NYC.

I pay the same NY state tax living in Queens as I do living in Nassau now.



I dont understand, I said why cant they raise the taxes in NYC you said because they pay income tax, but so do we here in nassau. So whats the difference?

Im not being a smart *** Im not understandiung




Oh my NYC paycheck... they take out Federal Taxes, State Taxes, and NYC (local) taxes

On my Nassau County paycheck... they take out Federal and State taxes. Thats it.

And in both instances... the amount of federal and state taxes they out is the same.



You said why don't they raise the NYC *property* taxes. They don't raise the property taxes because

A. the real estate costs so much more (so they get more mortgage tax - closing costs are more so thats more money for the government)

B. NYC residents already pay an extra NYC tax that people outside of NYC don't pay.

Posted 4/27/06 3:54 PM
 

schnapy
LIF Adolescent

Member since 9/05

766 total posts

Name:
Diana

Re: NY Property Tax Article

Posted by DjPiLL

Posted by schnapy

There is no separate Long Island income tax as there is in NYC.

I pay the same NY state tax living in Queens as I do living in Nassau now.



I dont understand, I said why cant they raise the taxes in NYC you said because they pay income tax, but so do we here in nassau. So whats the difference?

Im not being a smart *** Im not understandiung





Oh my NYC paycheck... they take out Federal Taxes, State Taxes, and NYC (local) taxes

On my Nassau County paycheck... they take out Federal and State taxes. Thats it.

And in both instances... the amount of federal and state taxes they out is the same.



You said why don't they raise the NYC *property* taxes. They don't raise the property taxes because

A. the real estate costs so much more (so they get more mortgage tax - closing costs are more so thats more money for the government)

B. NYC residents already pay an extra NYC tax that people outside of NYC don't pay.


thank you, ok that makes sense

Is that why my aunt owns a building worth 2 million dollars and her property taxes are only $2,000k a year??

Posted 4/27/06 3:58 PM
 

DjPiLL

Member since 5/05

3664 total posts

Name:
Richard

Re: NY Property Tax Article

Posted by schnapy

thank you, ok that makes sense

Is that why my aunt owns a building worth 2 million dollars and her property taxes are only $2,000k a year??





2k taxes for a 2mil building is insanely low.

Most 400-500k homes usually have 2k yearly taxes.

Posted 4/27/06 4:01 PM
 

schnapy
LIF Adolescent

Member since 9/05

766 total posts

Name:
Diana

Re: NY Property Tax Article

shes in brooklyn

Posted 4/27/06 4:02 PM
 
 

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