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Its all about money. NOthing else. The greedy political types see tax dollars, the developers go with the flow and maximize the flow of new taxes. Where this dosen't happen, they just raise the taxes beyound all reason. Example, NY state, a $50K house, 100 years old, 2000 sq feet, tax $3,500 per year, a new 2000 sq foot house, tax $20,000 per year. Calif typical 2000 sq foot house, 50 years old, tax $9,100 per year, new calif house 2000 sq ft $1,000,000, tax $20,000 per year, including melo roose. and some people think CA taxes are to low!!! There are a few exceptins for people who bought homes a long time ago, prop 13, they only pay say $4,500, and the people in their 90's that never sold, might have a very low $2,000 rate.
So whats your tax rate, normalized to a 2000 sq foot house? Thats the bill that keeps on coming, even after you die.
From the land of "2000 sq ft mansions"
Last edited by snowman; 12-15-2005 at 06:27 PM..
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