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Ang-Rich
Beyond Compare
Member since 5/05 17988 total posts
Name:
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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
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Member since 6/05 9987 total posts
Name: Grammie says "Lora Gina"
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Re: NY Property Tax Article
Makes me wonder why I don't move back home... $5,023....So much better than $11,295
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Posted 4/27/06 9:59 AM |
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karacg
Babygirl is 4!
Member since 5/05 17076 total posts
Name: Kara®
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Re: NY Property Tax Article
Thats why we are thinking about moving to Orange County... DH needs his NYC salary.
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Posted 4/27/06 10:00 AM |
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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!
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Posted 4/27/06 10:34 AM |
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Karen
Just chillin'!!
Member since 1/06 9690 total posts
Name: Karen
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Re: NY Property Tax Article
lovely!!
did the article give a reason why we are being screwed??
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Posted 4/27/06 10:41 AM |
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patti08
Happy
Member since 5/05 3893 total posts
Name: Patti
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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
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Posted 4/27/06 11:41 AM |
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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.
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Posted 4/27/06 12:11 PM |
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schnapy
LIF Adolescent
Member since 9/05 766 total posts
Name: Diana
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Re: NY Property Tax Article
NYC always kills me, why cant they pay higher taxes???
I dont understand
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Posted 4/27/06 12:17 PM |
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lorich
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Member since 6/05 9987 total posts
Name: Grammie says "Lora Gina"
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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.
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Posted 4/27/06 12:24 PM |
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DjPiLL
Member since 5/05 3664 total posts
Name: Richard
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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.
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Posted 4/27/06 12:52 PM |
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patti08
Happy
Member since 5/05 3893 total posts
Name: Patti
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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.
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Posted 4/27/06 1:06 PM |
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DjPiLL
Member since 5/05 3664 total posts
Name: Richard
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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.
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Posted 4/27/06 1:09 PM |
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dpli
Daylight savings :)
Member since 5/05 13973 total posts
Name: D
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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.
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Posted 4/27/06 2:23 PM |
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DjPiLL
Member since 5/05 3664 total posts
Name: Richard
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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.
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Posted 4/27/06 2:29 PM |
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patti08
Happy
Member since 5/05 3893 total posts
Name: Patti
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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.
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Posted 4/27/06 3:17 PM |
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DjPiLL
Member since 5/05 3664 total posts
Name: Richard
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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.
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Posted 4/27/06 3:25 PM |
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patti08
Happy
Member since 5/05 3893 total posts
Name: Patti
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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.
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Posted 4/27/06 3:30 PM |
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schnapy
LIF Adolescent
Member since 9/05 766 total posts
Name: Diana
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Re: NY Property Tax Article
doesnt everyone pay income taxes???
Message edited 4/27/2006 3:44:22 PM.
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Posted 4/27/06 3:42 PM |
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DjPiLL
Member since 5/05 3664 total posts
Name: Richard
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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.
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Posted 4/27/06 3:45 PM |
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schnapy
LIF Adolescent
Member since 9/05 766 total posts
Name: Diana
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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
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Posted 4/27/06 3:50 PM |
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DjPiLL
Member since 5/05 3664 total posts
Name: Richard
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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.
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Posted 4/27/06 3:54 PM |
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schnapy
LIF Adolescent
Member since 9/05 766 total posts
Name: Diana
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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??
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Posted 4/27/06 3:58 PM |
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DjPiLL
Member since 5/05 3664 total posts
Name: Richard
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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.
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Posted 4/27/06 4:01 PM |
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schnapy
LIF Adolescent
Member since 9/05 766 total posts
Name: Diana
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Re: NY Property Tax Article
shes in brooklyn
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Posted 4/27/06 4:02 PM |
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