Are skyrocketing homeowners associations fees and property taxes just more reasons why being a homedebtor sucks more than ever in America today?
It's one thing to have that massive mortgage payment, the insurance, the home maintenance costs and other homedebtor cash drains, but to add even more misery are out of control homeowner - condo association fees and property taxes.
Think you 'own' your house? Try not paying your association fee or property taxes one year.
January 03, 2007
HousingPanic Stupid Question of the Day
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So many people maxed out on their mortgage payment without full consideration of the 'hidden' payments associated with home ownership: taxes, condo fees, maintenance, insurance, adjusting mortgage rates, etc. I wonder if this is why foreclosure rates are skyrocketing?
The homeowner's association fee is simply maintenance and insurance fees.
The problem with condo fees isn't the actual costs - they are what they are - it's trying to get a group consensus. Six years ago, this condo association went with the low-ball estimate in replacing a roof. We're now headed to small claims court - surprise, surprise, the roof was improperly installed.
With a condo the costs are not hidden. Prior to purchase, you can get a copy of the budget, financial history and capital reserve analysis to see what big ticket items are scheduled for maintenance.
My sense is that it is homeowners who are not setting aside $200/month for maintenance and capital improvements. When it comes time to put on a new roof, pave the driveway, trim the trees, repaint the house, redo the perimeter foundation drain, shore up a cracked foundation, install new windows, the homeowner simply takes out a home equity loan.
The property taxes in Florida have become abusive. Many properties "owners" have seen their property taxes increas 5 fold over the last 5 years with the soaring tax assesments.
My brother from California wants to retire in Florida but is put off by the high property taxes here which are up to 2.8 percent of the assesed value where as they are capped at 1 percent in California.
Add to this, abusive "non advalorem" taxes, separate taxes for landfill and fire protection, and outrageous "impact fees" up to ten grand in some counties, and you have a recipe for housing unaffordability.
A tax revolt is brewing and it wont be pretty.
The property taxes in Florida have become abusive. Many properties "owners" have seen their property taxes increas 5 fold over the last 5 years with the soaring tax assesments.
My brother from California wants to retire in Florida but is put off by the high property taxes here which are up to 2.8 percent of the assesed value where as they are capped at 1 percent in California.
Add to this, abusive "non advalorem" taxes, separate taxes for landfill and fire protection, and outrageous "impact fees" up to ten grand in some counties, and you have a recipe for housing unaffordability.
A tax revolt is brewing and it wont be pretty.
Sorry bout the double post yall!
The tax rate effects the value of a property. The higher the taxes the less money a buyer can pay for the mortgage and the lower the property value will become. In the short term, raising property taxes hurts home owners because it further reduces the value of their home, but in the end, it makes no difference to a future home owner.
Don't forget, people make their purchasing decisions based on monthly payments.
Keith,
I have ranted on this very subject (that the sheeple will NEVER "own" the house, due to property taxes)before in this blog--and it always leads to a number of hateful responses from FB/Homedebtors.
Now, to help those who disparage my premise, please allow me to offer an anectdotal experience of mine that is quite haunting.
I call it the "Mc Donalds McMansion Millionaires" syndrome. Here are the details:
Every day, I dutifully trudge up to the local McDonalds in my middle-class neighborhood for breakfast.
And just as dutifully, at this Mc Donald's, is a group of about a dozen senior citizens who congregate their to meet, talk, eat, and kvetch about the vagaries of growing old.
Yet, over the years the conversations have turned quite grim. For, it seems that many of these seniors--who were of the generation that bought one, singular house to live in all their lives, paid off the mortgage, and then expected to live free-and-clear of potential financial ruin--are facing two new, mortal enemies:
Rising property prices (NOT "values") and rising property taxes.
These people, many with modest, fixed incomes, are now "millionaires" on paper, as the price of their homes have escalated in this credit-orgy-induced housing bubble.
And, of course, their taxes have increased to $8,000-10,000 PER YEAR on the homes that they THOUGHT they owned. Taxes which far exceed their ENTIRE PAYMENTS when they were buying the home they now know they don't own.
Not to mention the increased insurance and maintenance costs they must bear.
Many are being forced to sell and move to smaller places, just to not be bankrupted by their "wealth".
So, to all those homedebting trolls and REIC members out there, let this be a cautionary tale.
Make sure that you don't wind up being a "McDonalds McMansion Millionare"
It will be interesting to watch how this all plays out in The Peoples Republic of New Jersey. There, you have the incredibly strong teachers union coming to odds with homeowners.
I think the battle cry "but what about the kids?!" will start to ring hollow in light of soaring property taxes and charter school alternatives.
Soon people will realize its not about the kids but about proping up extraordinarily high pensions for not only teachers, but for janitors and school bus drivers.
I mean why should people pay the highest property tax rate in the U.S. so that school bus drivers can have a lifetime pension???
Funny how illegal aliens are supposed to keep costs low and my new roof hit me for 7k and I remember putting roofs up early ninetys and my boss paid me 15hr and it would cost 4k back then guess lumber went up alot.
Oh but wait you should see his house and truck ahh im catching on sadly my property taxes are going up paying for his new employess medicaid,and school for his kids.
There is no bubble in my area, no HOA. I own outright, in an older area, no big assessment increases in years, and even then my taxes have doubled every year for the past three thanks to mileage increases by the school board.
Seems that the richest school district in the county was ordered by the teachers union to give the union members a 20% raise at last contract renewal.
Now every district in the county has to raise taxes so that when their 'negotiated contract' between the union and the spineless, weak-kneed, and gutless school boards comes up for its automatic renewal, the school board, being obedient puppets, can also award those same richly deserved 20% pay raises, and keep up with the richest district. This is the taxing a*sholes (teacher’s union) version of keeping up with the Jones’s.
Standard education establishment lie: “Well after all, you want GOOD education, Don’t You? The kids come first!" always wins the day. I don't see where the kids are 20% smarter.
I, on the other hand, am a hell of a lot poorer.
Our little town will soon become a ghost town I fear. I think that one in three/four homes on main street has a "For Sale" sign on the lawn. People I personally know can't afford the taxes, are trying to sell and get the hell out, but nobody is buying and the major complaint of the buyers is not the price, age, or condition, but that THE TAXES ARE OUTRAGEOUS!
Every year there is an article in the news about the number of municipalities in the U.S. that go bankrupt because they have taxed people to death, a lot of people have left, and now they can't pay their bills, not to mention the exorbitant and outrageous (but so highly deserved) pensions. Every year the number goes up! What happens to Taxsylvania (largest single employer Wal-Mart) when there are no more turnips to squeeze blood out of? I wonder if a state can go bankrupt?
"Power corrupts. Absolute power corrupts absolutely."
Anonymous said...
...I think the battle cry "but what about the kids?" will start to ring hollow in light of soaring property taxes...
Nice to see that its not just here in PA that people like you are starting to wake up. It’s not about the kids. It’s all about those teacher's union re-election campaign checks to our "elected servants". The kids got sold down the river along with their taxpaying parents, and all taxpayers, a long time ago.
Johnny can't read, Mary can't write, Suzy can't do simple math. But don't you worry; their teacher retired at age 53 with a $61,000/yr pension (with yearly inflation and cost-of-living increases of course!) all to be paid on my tax paying back!
Oh no!!
I have to register my car every year. I have to change the oil every 3 months. Every now and then I have to replace a belt and one day I may even have to change the transmission
I guess I will never own my car.
Idiots
twib,
and what would it cost her to rent the home you moron? less than $200 a month I suppose
as far as the education costs go...you have nobody to blame but yourselves. You keep electing democrats year after year after year and then oh my goodness, they raise taxes and spending!! I am talking local level not nationally.
Go to any school district in the coyntry - blue or red state doesnt matter - and I will bet at least 70% of the board members are democrats. In some cases it is 100% democrat. Why would anyone be surprised that teachers then retire at 53 with a $61K pension?
Oh but you dont have time to wory about school board election, oh no. You have better things to do like spend all day on housing bubble blogs.
Stuck in So Pa has affirmed my point. The direct effect of raising property taxes is to lower property values.
(Anonymous Troll Unemployed REIC clerk Wednesday, January 03, 2007 3:30:08 PM said...)
Oh no!!
I have to register my car every year...I guess I will never own my car.
Idiots
(Butch replies): Think about it troll. With WHOM are you registering YOUR car?
That's right, the state.
And, if you live in a state that has personal property taxes (virtually all of them at this point with few exceptions), then you have properly pointed out that you don't own your car either.
Just like you don't own your home.
It never fails. Anytime I post this basic, simple, fundametal fact that individual UNENCUMBERED property ownership is one of the basic tenets of freedom, a couple of brainwashed sheeple protest that they DO "own" a home that they will forever pay rent to the state for the privilege to live in.
I then respond with "Okay, just stop paying the property tax to the state for a few years, then decide--as you are sitting on the sidewalk, with all your belongings piled up beside you--who REALLY owns the home.
Furthermore, not one of these morons has ever thought through my "McDonalds McMansion Millionaire" scenario whereby after a lifetime of toil and prudence and effort, they are STILL nothing more than serfs and cannot even afford to live a home they thought they owned.
Well, suit yourself. Lie to yourself. That's exactly what the government wants:
Stupid, clueless sheeple like you.
no dipshit,
my point is that your whole premise is idotic. I own my car yet I pay a registration fee yearly. I own my house and pay property tax yearly. In other words I own two assets that are taxed annually.
Fucking douche
Anonymous said...
twib,
and what would it cost her to rent the home you moron? less than $200 a month I suppose
Wednesday, January 03, 2007 3:32:08 PM "
Are you suggesting she should have to rent her paid off house? You make no sense and niether does the anon above your post.
wow twib you are really slow if you dont get it but lemme espalin to u
$200 a month in property tax is cheaper than what that house would rent for. Therefore as an owner the little old lady is better off than she would be as a renter.
Let me know if any of that is too hard for you to comprehend.
Regrets not buying in 2001
Especially angry at owners
No yard in his future
Troubled by nigger neighbors
Eager to buy but cant afford
Rants incoherently about GD2012
Regrets not buying in 2001
Especially angry at owners
No yard in his future
Troubled by nigger neighbors
Eager to buy but cant afford
Rants incoherently about GD2012
"How to Sound Intelligent When You Are Really an Idiot"
Chapter 1:
Use the word sheeple
Chapter 2:
Coming soon
el douche-o,
Do you not pay income taxes you ignorant cunt? Does that mean your salary isn't really your salary and you actually work for the IRS?
Try not paying your income tax and see what happens moron. You anti-government extremists need to grow up already. We live in a country where people pay taxes. All your anti-tax bullshit is childish at best, disturbing at worst.
You gonna blow up the tax assessor's office in protest or something you freak?
I'm a renter and I'm so smart because I don'tpay property taxes on my home. But my landlord who owns the building in which I rent a stuio basement apartment...he pays taxes doesn't he?
Hmmm you think my rent maybe pays part of the tax? Huh...so as a renter I pay taxes and rent? WTF?
So many people maxed out on their mortgage payment without full consideration of the 'hidden' payments associated with home ownership: taxes, condo fees, maintenance, insurance, adjusting mortgage rates, etc. I wonder if this is why foreclosure rates are skyrocketing?
-------------
Yes but people are Refinacing
(sarcasm)..Ya Refinacing from one toxic loan to another, from an ajustable rate to an ajustable rate with a balloon payment..now that should save the day...not!..just prolonging the inevitable.
I will admit my homeowners insurance did go up a few dollars..but my taxes went down..so what ever it is what it is.
But than again i only pay $1000 a month for a mortgage, what i read some folks are paying boggles the mind to say the least.
Yep, your right butch, you opened a can of worms.
(Bitter,Anonymous homedebtor, probably in foreclosure said...)
el douche-o,
Do you not pay income taxes you ignorant cunt? Does that mean your salary isn't really your salary and you actually work for the IRS?
Try not paying your income tax and see what happens moron. You anti-government extremists need to grow up already. We live in a country where people pay taxes. All your anti-tax bullshit is childish at best, disturbing at worst.
You gonna blow up the tax assessor's office in protest or something you freak?
(Butch replied): Whew!! Sorry there. Didn't mean to touch a nerve. Man, you must be deeply in debt and stressed out to have such a negative reaction to some simple questions. (Questions which you failed to answer, by the way.)
However, I WILL answer your questions posed to me:
Indeed, I am FULLY aware of "who's in charge here" (the government) over our lives.
It's just that I ADMIT that I am a renter. I don't pretend to "own" anything. And furthermore, I don't get upset when someone points out the obvious truth as you did in your statement about who is my "not-so-silent partner" (again, the government) in regard to income taxes.
So, now I ask you: Why can't you just admit the same? Is there some personal issue that keeps you from just conceding this point?
Anonymous said...
el douche-o,
Do you not pay income taxes you ignorant cunt? Does that mean your salary isn't really your salary and you actually work for the IRS?
Try not paying your income tax and see what happens moron. You anti-government extremists need to grow up already. We live in a country where people pay taxes. All your anti-tax bullshit is childish at best, disturbing at worst.
You gonna blow up the tax assessor's office in protest or something you freak?
---------------
Must be a slow day at the Sub-prime lending corp...
Let me help you along...say it with me...
"Welcome to Wal-mart here is your cart sir"
All of you guys are idiots. There is no such thing as a free lunch. Everyone pays taxes--some pay more than others. Even the homeless pay a tax when they buy their booze. You can't take any of this ownership or material crap with you. There is nothing but opportunities and opportunity costs in this life, so you might as well compare what these costs and opportunities really are, and make the best of it. Make some memories, and take those with you the rest of your life, because IT JUST DOESN'T MATTER!
Awwwwww what's the matter BUTCHIE baby? The big bad government fuck you over some huh. I'm guessing an IRS lien of sorts which led to bankrputcy which led to losing the house and the divorce.
That is why you can't qualify for a mortage and need to rent the 1 bed / 1 bath apt in "Ghetto Shores". And that bitch of an ex-wife is still somehow getting 1/2 your paycheck too. Bitch really did only marry you for the money and once it was gone so was she.
Sorry man I feel for you, I really do. But hey, cheer up!! After 7 years bankruptices are erased from your credit report. You may buy home again. Hang in there buddy, just a few more years of living in the 1 bed / 1 bath basement apartment. The niggers next door aren't so bad are they? Sure they play jungle noise at 2:00am but life could be worse.
You'll make it, I promise.
My sister is living in a condo complex of 300 units. Ready?
Monthly dues just increased to.....$507.41 a month!!! That's $150k A Month total! Multiply that times 12!!!
The Association President is really having a hard time justifing this Rape!
This is going to get interesting quick!
When she first moved in about 8 yrs ago, she was paying $71. That was for landscape maintenance, pool heating and maintenance, paint touch-ups.
The little incrimental increases nobody seemed to notice...now look where they are!
Gaff n Greed!
The comments from anonymous towards Butch are absolutely repulsive. Keith, please delete the posts from this moron.
Thanks!
All of you guys are idiots:
-------
Are you an obsessive compulsive person...or did you wake up from a coma and decide to use the word idiot in every comment today? Inquiring minds would like to know.
that's it! you get a 5 minute time out young man.
Although I find the name calling completely unacceptable, I think the real cause of the anger in real estate is not "bitter renters" but those who bought in the last few years and are too far extended. Buyers are mad at those that didnt fall for the market propaganda of buy buy buy and now feel like they've been had by their realtor. Being stretched way too thin is a good reason to be upset. Renters usually have money left over at the end of the month due to rents being not even close to what a mortgage payment and taxes will cost.
Who thought one could go wrong living the American dream of home ownership? Your expert realtor said prices only appreciate. Well thats been proven wrong now in many markets. I wonder how many people bought and the only thing they were concerned with was the monthly payment? Greed was rampant and everyone wanted to be a millionaire asap.
I am in no way involved in real estate but the next few years will be a show to watch.
Usually when people get instantly po'd there is a dang good reason. Its not because you are stupid. Believe me.
Many are being forced to sell and move to smaller places, just to not be bankrupted by their "wealth".
And when they sell they have lots of cash.
Idiot!
Butch ignore the lame ass homo..I understand the point you are trying to make. That Anono is obviously arguing with is boyfriend this morning and taking it out on the rest of us.
HPers say they are skyrocketing. Never doubt an HPer.
OK troll?
BUTCHIE,
How's that IRS lien going buddy? I saw this ad on TV from a lawyer. She says she can settle your IRS debt for only pennies on the dollar.
I can get her number if you'd like. It would mean having to deal with a woman though. Can you handle that?
Anyways let me know.
when you raise your voice or start name calling youve already lost the argument
Devestment has a rare disease foud in Los Angeles and sometimes San Diego. It is called "iliveinsocalandthinktheworldrevolvesaroundme".
People who have this disease don't realize that there are 300 million people in this country of which 95% don't live in So.Cal.
Disease carriers fail to realize that in the mid 90s when SoCal's economy was in the shitter due to defence cuts, the rest of the country was doing pretty damn well.
So will the LA market crash? Maybe. Maybe not. Either way, people in Atlanta, Denver or Houston will survive I'm sure.
Butch,
I tried calling earlier but no answer. The niggers next door didn't finally do what you feared they might do I hope.
Anyway if you get my message call me back. I got the tax lawyer's number and she sounds really nice.
Hang in there buddy, you'll make it I know it.
OMG amazingruss that is genius.
Did you think up all that by yourself in the 1 bed /1 bath basement apartment? That's really impressive given the amount of nigger jungle noise playing all around you.
KUDOS young man.
HPers begin the spin.......NOW!!
NEW YORK (Reuters) - The decline in the Manhattan apartment market seems to have been over in a New York minute in contrast to the sluggish U.S. housing market, according to an influential property report released on Wednesday.
In the fourth-quarter, the median price of a home in Manhattan rose 5.1 over the year-ago period, according to the report, the Prudential Douglas Elliman Manhattan Market Overview.
The number of sales during the fourth-quarter rose 15.5 percent to 2,441 from the prior quarter and 55 percent from the year ago quarter. The inventory of homes shrunk 22.2 percent from the third quarter to 5,934 and 0.5 percent from the year ago quarter.
5.1% YOY increase in prices?
55% YOY increase in sales?
Can I suggest a new name for this blog?
"THE CRASH THAT NEVER WAS"
"HOUSING PANIC THAT WASN'T"
"REAL ESTATE REALLY DOES ONLY GO UP"
"MY NAME IS KEITH AND I WAS DEAD WRONG"
If I may suggest another name
"I WILL BE RENTING FORVER"
" I think the real cause of the anger in real estate is not "bitter renters" but those who bought in the last few years and are too far extended. Buyers are mad at those that didnt fall for the market propaganda of buy buy buy and now feel like they've been had by their realtor. "
ding ding ding! We have a WINNER!!!! :-)
For those that overpaid for their shitbox... HAHAHAHAHAHAHAH
ROFL!!!!
You're SCREWED, and the jokes on you!!
Yeah, yeah, yeah... Im living in my mommy's basement, and saving a ton of cash, and investing it, no debt, single, and no kids! Weeeeeee! Life is SOOOOO good and stress free!
Im WAY ahead of you FB'ers/debtors! har har har
Have a nice day!
Anono ease up on the racial slurs otherwise I'll have to tell your Mother, Who happens to be laying right next to me as we speak.
What do you know, real estate does go up every year
HPers begin the spin.......NOW!!
NEW YORK (Reuters) - The decline in the Manhattan apartment market seems to have been over in a New York minute in contrast to the sluggish U.S. housing market, according to an influential property report released on Wednesday.
In the fourth-quarter, the median price of a home in Manhattan rose 5.1 over the year-ago period, according to the report, the Prudential Douglas Elliman Manhattan Market Overview.
The number of sales during the fourth-quarter rose 15.5 percent to 2,441 from the prior quarter and 55 percent from the year ago quarter. The inventory of homes shrunk 22.2 percent from the third quarter to 5,934 and 0.5 percent from the year ago quarter.
Median income in NYC is blah blah blah
yet...
HPers begin the spin.......NOW!!
NEW YORK (Reuters) - The decline in the Manhattan apartment market seems to have been over in a New York minute in contrast to the sluggish U.S. housing market, according to an influential property report released on Wednesday.
In the fourth-quarter, the median price of a home in Manhattan rose 5.1 over the year-ago period, according to the report, the Prudential Douglas Elliman Manhattan Market Overview.
The number of sales during the fourth-quarter rose 15.5 percent to 2,441 from the prior quarter and 55 percent from the year ago quarter. The inventory of homes shrunk 22.2 percent from the third quarter to 5,934 and 0.5 percent from the year ago quarter.
HUH? We are in the midst of a Great Depression yet....
HPers begin the spin.......NOW!!
NEW YORK (Reuters) - The decline in the Manhattan apartment market seems to have been over in a New York minute in contrast to the sluggish U.S. housing market, according to an influential property report released on Wednesday.
In the fourth-quarter, the median price of a home in Manhattan rose 5.1 over the year-ago period, according to the report, the Prudential Douglas Elliman Manhattan Market Overview.
The number of sales during the fourth-quarter rose 15.5 percent to 2,441 from the prior quarter and 55 percent from the year ago quarter. The inventory of homes shrunk 22.2 percent from the third quarter to 5,934 and 0.5 percent from the year ago quarter.
HPers please help a silly old realtwhore(tm) troll understand the complexities of real estate.
What happened to the 40% crash? Instead we get
HPers begin the spin.......NOW!!
NEW YORK (Reuters) - The decline in the Manhattan apartment market seems to have been over in a New York minute in contrast to the sluggish U.S. housing market, according to an influential property report released on Wednesday.
In the fourth-quarter, the median price of a home in Manhattan rose 5.1 over the year-ago period, according to the report, the Prudential Douglas Elliman Manhattan Market Overview.
The number of sales during the fourth-quarter rose 15.5 percent to 2,441 from the prior quarter and 55 percent from the year ago quarter. The inventory of homes shrunk 22.2 percent from the third quarter to 5,934 and 0.5 percent from the year ago quarter.
40% CRASH huh HP loserenters?
BWA HA HA HA HA!!!
How about 30%? BWA HA HA HA!!
20%? 10%? 5%...
OK 5% APPRECIATION
Enjoy the 1 bed 1 bath in "Ghetto Shores" boys, you will rot there for the rest of your pathetic lives.
poor realtor cant pay hiss bills
reminds of kids who have temper tantrums
lets all let him rant for a bit
he has no buyers to talk to he is lonely thats all
Record foreclosures
Mortgage default filings in '06 top '88 mark by 13.45%
A record 19,425 real estate foreclosures were filed in the seven-county Denver area in 2006, 35 percent more than in 2005.
Last year's numbers topped the record set in 1988 by 13.45 percent. But the total foreclosure rate as a percentage of all homes still is lower than it was two decades ago because of a huge growth in population, housing construction and homeownership.
The 1988 numbers came on the heels of a bust in Colorado's energy industry.
"It is a problem, a big problem, but it is not the worst it has ever been," said Chris Holbert, president of the Colorado Mortgage Lenders Association.
"If everybody groans this is the worst it has ever been, it scares people out of the home-buying market," Holbert said.
He said people who bought during the previous foreclosure crisis in the late 1980s, after the decline in energy prices, are the ones who have made the most money on their homes.
"The truth is, it is a better time to buy now in Denver than it was four years ago" before the current crisis began, he said.
He also noted that a large percentage of homes that enter foreclosure do not complete the process.
In some of those cases, lenders accept "short sales," or less than the mortgage amount for the home, instead of going through with the foreclosure.
Holbert said lenders have told him that they are losing an average of $40,000 to $50,000 every time a home goes into foreclosure.
Experts say foreclosures are being fueled by consumers flocking to risky loans; overbuilding in Weld County, northeast Adams and Denver counties, and parts of Aurora; and fraud, including inflated appraisals. That's in addition to the usual problems such as homeowners who lose their jobs, go through divorces or face unexpected illnesses.
The problem is so serious it's likely to spur some legislation this year.
"I'm still very concerned and disappointed for consumers in Colorado and in my area of Denver in particular," said City Councilman Michael Hancock, who represents northeast Denver, where many homes are in foreclosure.
"This is devastating economically," he said.
Sandy Hume, public trustee for Boulder County, said many experts tell him the foreclosure crisis "will get worse before it gets better. Unfortunately, I believe it will, too."
what do you know? real estate does go up every year after all
HPers begin the spin.......NOW!!
NEW YORK (Reuters) - The decline in the Manhattan apartment market seems to have been over in a New York minute in contrast to the sluggish U.S. housing market, according to an influential property report released on Wednesday.
In the fourth-quarter, the median price of a home in Manhattan rose 5.1 over the year-ago period, according to the report, the Prudential Douglas Elliman Manhattan Market Overview.
The number of sales during the fourth-quarter rose 15.5 percent to 2,441 from the prior quarter and 55 percent from the year ago quarter. The inventory of homes shrunk 22.2 percent from the third quarter to 5,934 and 0.5 percent from the year ago quarter.
Ya things are looking up..shut up you look the fool.
looking up? looking up? are you kidding me?
a 55% increase in sales YOY is not looking up my friend it is out of this world fanfuckingtastic
looking up....oh man that's rich, i'll have to remember that one at the realtwhore(tm) troll "we were right all along" meeting next week
looking up....
can you post 5 more articles (recent) showing re gains ?
ooking up? looking up? are you kidding me?
a 55% increase in sales YOY is not looking up my friend it is out of this world fanfuckingtastic
looking up....oh man that's rich, i'll have to remember that one at the realtwhore(tm) troll "we were right all along" meeting next week
looking up.
--------------------
did you take your meds this morning? I was being sarcastic..you are hopeless...good luck to you..and enjoy the spin cause that's all it really is media spin..Actually if things are as good as the posts you have made...go out and buy buy buy...then flip them...I dare you.
this annon low life realtor troll is confirming my position to continue sitting on the fence
man is this theire intelligence level ? with a mouth like his he must have a grade 5 education
hey i got a grade 6 education and have a good job selling used cars
this annon low life realtor troll is confirming my position to continue sitting on the fence
man is this theire intelligence level ? with a mouth like his he must have a grade 5 education
---------
Thats to much education..a GED for a realtor licence will do just fine
i dont think that the realtor troll with the terrible language realizes that thousands of potential home buyers read here
people definetly better educated than him,come here to read different opinions as to where the housing prices may be going
it seems he must of left
probably getting another 6 pack whoops i meant bottle of red wine
55% YOY inrease is sales and 5.1% increase in prices
spin all you want assholes, the great crash you all were anticipating is over, buh bye, adios
R.I.P. "HOUSING CRASH"
na na na na
na na na na
hey hey hey
goood byeeee
Oh what NYC not enough to convince the renters?
OK how about the exiting Canajun city of Saskatoon? Even in that shithole, prices are booming. It's global assholes, New York, London and good old Saskatoon...real estate is back and you fuknuts have missed the boat yet again
Murray Lyons, The StarPhoenix
Published: Wednesday, January 03, 2007
The average selling price of an existing Saskatoon house topped $160,000 for the first time in 2006.
One of the reasons prices were driven up 11 per cent in one year is the phenomenon of people returning to Saskatchewan from other provinces who have the equity to afford the listing prices for higher-end homes.
squidly66 said...
poor realtor cant pay hiss bills
reminds of kids who have temper tantrums
lets all let him rant for a bit
he has no buyers to talk to he is lonely thats all
Wednesday, January 03, 2007 6:06:00 PM
------------------------------------
Geez squidly, what (cunt tree) are you from?
Or how about China? Yup you guessed it...BOOMING!!
China's real estate investment surges 24 pct in first 11 months
Investment in China's real estate sector rose 24 percent from a year ago in the first 11 months, reaching 1,641.6 billion yuan (210.5 billion US dollars), the National Bureau of Statistics (NBS) reported Friday.
Investment growth is marginally down on the 24.1 percent recorded in the first 10 months and 24.3 percent for the first nine months.
Investment in urban fixed assets in China rose to 7,931.2 billion yuan in the first 11 months of the year, up 26.6 percent on the same period last year.
China....booming
New York...booming
London....booming
Saskatoon...booming
In HPland: 40% crash
holy smokes man saskatoon in the booming province of sasatchewan
if you had half a brain 300 miles away is calgary where prices are up 45% yoy
oh oh
but upon further reading see that they have been flat since july
canada is about 12 months behind the usa same with the uk
you had better go back to school
R.I.P. "HOUSING CRASH"
na na na na
na na na na
hey hey hey
goood byeeee
----------------
Tell how is that high on crystal meth? And i did not realize property was being sold on the moon. I better get in before it's to late and I am priced out forever...
The problem with condo fees isn't the actual costs - they are what they are - it's trying to get a group consensus. Six years ago, this condo association went with the low-ball estimate in replacing a roof. We're now headed to small claims court - surprise, surprise, the roof was improperly installed.
Silly house wives trying to tell people what to do, but have no clue how to govern. democrazy at it's best. everyone is equal!
New York City is up 5.1% YOY and you numbfucks are arguing over Calgary and Saskatoon flat since July....
UP
5.1%
Thomas Paine said...
The property taxes in Florida have become abusive. Many properties "owners" have seen their property taxes increas 5 fold over the last 5 years with the soaring tax assesments.
hey that property is REALLY worth that amt. then they get taxed
Anonymous said...
Funny how illegal aliens are supposed to keep costs low and my new roof hit me for 7k and I remember putting roofs up early ninetys and my boss paid me 15hr and it would cost 4k back then guess lumber went up alot.
Oh but wait you should see his house and truck ahh im catching on sadly my property taxes are going up paying for his new employess medicaid,and school for his kids.
Wednesday, January 03, 2007 2:47:58 PM
It keeps costs low FOR HIM. You don't count.
Notwihstanding the troll's crude comminication skills, this news cannot be ignored.
I am surprised, shocked actually as I was sure New York City would be one of the areas hit hard this year. This could be a 1 quarter anomaly. Maybe it was those $2 million Wall St. bonuses giving the market a one time bump.
New York City is up 5.1% YOY and you numbfucks are arguing over Calgary and Saskatoon flat since July....
--------------
Well if NY is so fucking busy why are you not out making sales??? Your a bullshit artist my parents live in NY and the inventory they say is unreal.houses sitting for months..so STFU and provide your proof of 5.1.
"Yeah, yeah, yeah... Im living in my mommy's basement, and saving a ton of cash, and investing it, no debt, single, and no kids! Weeeeeee! Life is SOOOOO good and stress free!"
High five. Although you wont find this response in any home sales brochure or business model...congratulations, you are truly one of the smart ones. Enjoy your stress free life! I really would love to see examples like this published in areas such as the Wall Street Journal, CNN etc... I believe it would make people think, or at least give them an option other than buy buy buy. As far as I'm concerned, money in the bank is equity too. Do you agree?
oh so now the numbers are fake are they?
dipshit, what I posed was my proof
type this "new york apartment" into news.google.com you will find 300 articles saying the same thing
proof enough for you?
what do you call a renter in a suit?
a renter
Guys don't listen to him. It's not real. The MSM is making those numbers up. I live in NY and I can tell you I have spoken to every single resident of the city. They assure me nobody is buying.
Lies, all lies.
DAMN THE MSM!!
DAMN THE NAR!!
i have no idea what the topic is and don't care. i can post as a stupid anon and use HP as my therapy session. not like everybody else isn't doing the same.
hey mr roofer,
Can I get a prediction on NFL playoffs too?
oh wait
you can have conversations wit yourself to
hey last anon, what do u think about hp?
oh i agree
listen close enough and you can hear the crickets chirp away!
i agree. doesn't wall st journal online regularly hgihlight commentary from the best blogs?
yes they do. but you'd never catch them coming by hp. to much dead wood here!
who the hell is this nutbar and what the hell is he muttering about
dose he think hes on some kind mental issues blog
WOW! you must be High! now you are talking and replying to yourself hahah!
Average Manhattan sales prices are (supposedly) up 5%, but look at the REAL barometer: per square foot price:
Downtown +1.7%
East [b]-10.4%[/b]
West [b]-4.8%[/b]
Uptown +2.1%
In real and nominal terms, it appears that the price per square foot is down.
SPIN THAT, HOME DEBTORS!!!
Wow, its SO obvious that we have a very fucked borrower for sure posting here!
Hey anon, take more meds, and keep spending away into DEEPER DEBT.
Better yet, just commit suicide, you loser. Nobody likes you, especially when your DEEEEEEPPPPP IN DEBT! hahahahahaahahahah
It's like listing to Rainman..
YA,Ya New York, Ya, 5.1, Ya 5.1, Ya Rent..Ya,Ya Rent, Ya sales up..Ya, Ya sales.
La.....Hoooo....Seeee....Herrrr
You also have to realize that with regard to NYC data, it is extremely unreliable since there is no centralized, objective clearinghouse for this information. We are basically at the mercy of the largest brokerages for the data. And of course the data is going to be spun, spun, spun.
The middle class is being attacked,look at Walmarts latest policy
Want to read some sad shit:
http://www.all-foreclosure.com/forums/foreclosures/index.html
Keith and the HP crowd get more desperate as the numbers just don't show a major meltdown. Meanwhile their cash hoards are sitting in CDs earning a whopping 5% (4% after taxes) while inflation roars ahead at 10%.
Who are the dumb masses now Keith?
I just had a great revelation for a business idea.
here goes: i'm going to establish a school that teaches only one class: SIMCITY; basics, strategies, techniques, etc.
I'd recommend the class highly for any person that:
- is going to buy a house
- works in a city municipality
- works for the city in any way
- the mayor
- the city board
- all state employees
- everybody
the goal is to have any idiot understand the effect of taxing, taxes, property taxes, cost of living, etc. feel free to develop this idea further.
Keef, create a thread to discuss simcity and its undeniably highly beneficial impact.
if this thing picks up, we'll have a better educated population.
thank you.
My goodness we should prepare for even more loony visitors then this latest barely coherent ANON as the crash picks up steam.
He really projects a vision of a wild eyed hasn't showered in weeks missed his meds chain smoking spittle flying from his lips as he manically posts comment after comment hoping in vain for... what?
Ok, let's assume your premise is right. It's impossible to own a home because of taxes and HOA fees. What is your solution?
Personally, I've come to accept the fact that everything I do is a taxable action. Anything I buy is taxed and anything I earn is taxed.
If you've got a legal way around this, I'm sure we'd all love to hear it.
Utah Real Estate Blog
The MILITARY DRAFT IS COMMING because:
With the Iraq war becoming more of a quagmire, the Achilles’ heel of the all-volunteer Army has become apparent: Fewer people are volunteering.
--- Full Editorial ---
The Issue: The Selective Service System says it will conduct a comprehensive test of its ability to deliver draft notices, should the need arise.
Our Opinion: Although President Bush says a reinstitution of the draft is not being considered, the military’s difficulty in finding enough volunteers makes it nearly inevitable.
It seems few people want the military draft reinstituted, but if our efforts in Iraq and Afghanistan continue and other hot spots — such as Iran and North Korea — heat up sufficiently to require military action, a reinstitution of the draft is all but inevitable.
An issue that has loomed threateningly since the Iraq invasion, talk of bringing back the draft surfaced again last month when officials with the Selective Service System, which serves draft notices, said it would be giving the inactive system a test drive, probably in 2009.
Despite the talk, however, most government officials, including President Bush and congressional leaders, insisted the reinstitution of the draft is not forthcoming.
Pentagon officials especially are against the idea.
In the past three decades, since the last draftee was inducted into the U.S. Army at the end of the Vietnam War, the Pentagon has put great credence in an all-volunteer force, and with good reason.
An Army made up entirely of volunteers, according to Pentagon officials, is easier to train and motivate than an Army of draftees.
Volunteers are more likely to make the military a career, reducing the turnover rate and the need to train replacements.
This is an important aspect in an all-volunteer Army, given the complexity of the high-tech weaponry used by modern soldiers.
The use of high-tech weapons also supported the idea that fewer soldiers could provide whatever force was needed to deal with any situation that might arise.
So when America’s foremost rival, the Soviet Union, collapsed in the early 1990s bringing the Cold War to an end, the number of active-duty personnel in the Army was reduced from about 800,000 to about 500,000.
During the Vietnam War that figure had been as high as 1.5 million, but a large number of those were draftees.
As long as the state of the world remained relatively unchanged following the end of the Cold War, the Pentagon’s concept of an all-volunteer Army made sense.
But such was not the case. The terrorist attacks on Sept. 11, 2001, introduced the United States to a new type of enemy. Congress responded by authorizing a 30,000-person increase in active-duty Army personnel.
Then the United States invaded Iraq, and after the initial success of overthrowing Saddam Hussein, things got bogged down.
With active-duty troops stretched thin, the Pentagon has had to rely heavily on National Guard and Reserve soldiers. These are essentially civilians who are supposed to serve only in a case of emergency.
With the Iraq war becoming more of a quagmire, the Achilles’ heel of the all-volunteer Army has become apparent: Fewer people are volunteering.
The situation has become so critical that in order to meet its enlistment quotas, the Army has had to lower its recruitment standards. That would seem to undercut the Pentagon’s insistence that an all-volunteer Army, by definition, is superior to one made up of draftees, all of whom would meet the higher standards.
Given the likelihood that terrorism will continue to be a threat for years to come, as will nations such as Iran and North Korea, the manpower problems facing the U.S. military are likely to get worse.
And if volunteers become increasingly scarce, the only recourse left — short of developing a policy of isolationism — will be the reinstitution of the draft.
they're so many rude people here...
I think i'll brighten up the place by posting some of my poetry here. Should I post Bed of Roses or The Departed but not Forgotten?
Ya i refuse to keep feeding this obviously deranged individual, who replies to his own questions.
GOOD DAY SIR!!!
I am off to check my lame ass CD account...shame on me for having cash...shame!
Poll: Americans See Gloom, Doom in 2007
35 percent predict the military draft will be reinstated.
CLICK HERE
Poll: Americans See Gloom, Doom in 2007
35 percent predict the military draft will be reinstated.
Goom & Doom
Sorry, the anchor tag not is working right.
here is the link:
http://www.christianpost.com/article/20070103/24756.htm
Speaking of gloom and doom, recently released fed minutes called housing slowdown "substantial", this scared the markets and erased 100 points from the dow.
It seems like just yesterday the fed and bulls laughed at the possibility of a housing crash recession. Now it is a nightmare we will all have to live through
The data on nyc is not exactly all rosy. Sure, things look alright on a YOY basis, but check out this article on the 4th quarter: http://tinyurl.com/yfce28
"The once-bulletproof Manhattan housing market suffered a minor setback during the fourth quarter of 2006, according to the latest figures from two of the leading New York City real estate brokers.
The Corcoran Group and Prudential Douglas Elliman both reported that home sellers had rung up slightly lower prices compared with the third quarter of 2006.
The cost of owning a piece of Manhattan has gotten a little more reasonable lately.
The median apartment price was $799,000, according to figures from both brokers. Corcoran reported that was down 6 percent from the previous quarter and Elliman had it off 5.5 percent.
"Right now, prices are weakening across the board," says Jonathan Miller of Miller Samuel, the real estate appraisal firm that compiles the statistics for Elliman. "Each segment showed negative numbers from the previous quarter."
I'm not going to 'spin' this and say that it is undeniably a harginger of real estate doom in Manhattan. But neither is a YOY increase an unequivocal victory for housing bulls.
The conclusion is mixed.
Personally, I've come to accept the fact that everything I do is a taxable action. Anything I buy is taxed and anything I earn is taxed.
If you've got a legal way around this, I'm sure we'd all love to hear it.
=\\\\\\\\\\\\\\\\\\\\=
You Are Not A Criminal...
... just because you want to legally avoid your taxes.
Isn't It Time You Stop
Being Treated Like One?
There's only one way to get out from under the thumb of the U.S. taxman.
It takes some planning. It takes some know-how.
It takes some courage and guts, even.
But if our Founding Fathers were brave enough to challenge
Mother England for their tax freedom, surely such
freedom is worth exploring again today...
Dear Fellow Tax-Payer,
What if I said you could – legally – eliminate all or nearly all of your U.S. tax burden?
That's right, I mean you might never, ever have to pay a single dime in U.S. taxes again...and there's nothing the IRS could do about it.
It's entirely possible when you use a little-known strategy that I'm about to share with you today. Some have called it the Ultimate Estate Plan. Because, as long as you are aligned with the current U.S. tax code, and you take a prescribed set of informed steps, you could effectively eliminate your U.S. tax burden.
Interested? Then I invite you to...
Discover The Ultimate Estate Plan
You don' t need me to tell you that wealthy and upper middle-class Americans carry most of the tax burden for the entire country. A third of all U.S. taxes are paid by a minute 1% of its citizens, and half of all taxes are paid by a mere 5% of the population � those with the highest net worth, of course.
And even when you figure out a way to reduce that burden � the government changes the tax laws and you are stuck with the tab... again.
You might have already sought refuge offshore by establishing residency, bank accounts, annuity policies, business structures, and the like. But such measures only serve to reduce and manage the tax bill.
With the ultimate estate plan, however, you could be free of your U.S. tax burden once and for all.
In fact, you might be surprised to discover how many people have already put this plan into place. According to USA Today, so many people have used this strategy that if you added up their numbers, "they could make up the 13th largest state."
Here are just a few of the more prominent figures who decided to put the ultimate estate plan into action to secure their wealth and privacy...
* Sir John Templeton did it and saved himself $100 million when he sold the investment firm that still carries his name...
* Chairman of Abex and Ford Motor director Michael Dingman followed in Templeton's footsteps and is no longer a slave to his U.S. tax burden, either...
* John "Ippy" Dorrance III shielded much of his Campbell' s Soup fortune when he headed for financial freedom...
... and thousands more. Even as U.S. lawmakers try to tighten the reins on America's wealthy and elite � the ultimate estate plan delivers them to freedom. It might be time for you to consider doing the same...
Join The New American Tax Revolt
I'm John Pugsley, Chairman of The Sovereign Society. Over the years we've had the pleasure of writing and speaking to you about some of the safest offshore tax havens available. We've revealed little-known asset protection secrets to best manage tax burdens and secure your wealth.
But for a select few, there is another way.
Let me be clear � because this is a sensitive issue and I don't want to give the wrong impression. I am not advocating tax evasion. Not even close. In fact, when people approach any of our experts or staff at our various conferences and events looking for something that flies south of the law, we usually end the conversation immediately.
That's why I think what I'm about to share with you today is so important. Because it is, quite simply, the most radical � and yet completely legal when done right � way to get the kind of tax relief you might have imagined, but hardly dared hope you could achieve.
I'm talking, of course, about expatriation.
Now, you might be thinking – "renounce my U.S. citizenship? Why on earth would I do that?"
This country was founded on a few hard-won principles � and the freedom from excessive or unfair taxation is one of them. Unfortunately, we're facing an era when these freedoms have all-but-vanished from our current taxation system. And a handful of Americans are paying a high price indeed.
I'd like to humbly suggest that it might be more reasonable... more enjoyable... and undoubtedly more effective than anything else you've ever considered. And that you owe it to yourself to at least entertain the idea of expatriation.
It is, after all, the only foolproof way to say goodbye to the unruly taxman.
That's why we went ahead and assembled as much information available on the subject as possible into the latest addition to our offshore library, called simply, The Expatriation Report. In it, we'll show you how to legally avoid all or nearly all U.S. taxes according to today's U.S. tax rules on personal, business and capital gain income � no matter where you earn it � and even reveal the secrets to unlocking your dream lifestyle.
In this report, you'll discover how you can:
Set up your business and personal affairs in a country that requires ZERO estate taxes, NO capital gains taxes and LITTLE if any income taxes... not to mention the sandy beaches and little umbrella drinks that come at your beck and call...
Return to your roots and save on your taxes at the same time... depending on your lineage, a few world-class European countries would like you to come home!
Sidestep the virtual fence the U.S. government is constructing around the country and discover instead which legal exceptions will set you and your wealth free once and for all...
The little trick that will allow you to expatriate your wealth and your citizenship... and still live legally in the U.S. without paying taxes...
Most important, this report will show you the many possible ways you can finally wrestle back complete control of all your money... plus make a change in the quality of your life as well.
Take Your First Step Towards Freedom Today
I'll be the first to admit, expatriation isn't for everyone. But you deserve a chance to see if it might be for you and your family.
It can do more for you than simply give you a radical tax break. It could improve the quality of your life... make you feel like you are on a permanent vacation in a tropical paradise... allow you to return to the lands of your ancestors... or simply invite you to trade in a busy, worrisome life for one that is slower-paced, carefree... and significantly less expensive after you calculate your tax savings.
The Expatriation Report is a substantial – and critical – first step to finding out if this road is one you want to consider.
As you might imagine, it's not the kind of thing you decide to do today, pack your bags tomorrow, and are relaxing with an umbrella drink and no more tax worries next week. It takes some planning and research to do properly.
Armed with The Expatriation Report, there's simply no need now to spend hours of your own time doing the research or a dime of your own money on travel costs or legal fees to get a straight answer. Instead, you can get this exhaustive report delivered to your front door for just $29.95.
Find Out What it Means to be Truly Sovereign
At The Sovereign Society, we write about and think about the founding principals of this country a lot. Remember this one? No taxation without representation...
A couple hundred years later, and the tax burden in the New World has become skewed, unfair, and particularly onerous for a small percentage of its citizens.
I'm not advocating you take up arms or dump your Starbucks into the Boston Harbor. But I am suggesting that you don' t have to quietly fume every time the IRS thrusts its greedy hand into your pocket. You do have a choice.
Radical? Maybe. Effective? Absolutely. Enjoyable?
Give me a ring from the Bahamas, or Turks and Caicos, or even the rolling green hillside of Ireland and you tell me. But I' m pretty sure I can already guess your answer.
Sincerely,
Jack Pugsley
Chairman, The Sovereign Society
P.S. Whether you decide to start your expatriation effort right away or you decide this is not a viable option for you, I think you'll find The Expatriation Report an invaluable resource. If you don't, let me know in the next 30 days and I'll send you a complete refund. If you' ve ever wondered about the secret world of expatriation � order now and satisfy your curiosity.
Personally, I've come to accept the fact that everything I do is a taxable action. Anything I buy is taxed and anything I earn is taxed.
If you've got a legal way around this, I'm sure we'd all love to hear it.
=\\\\\\\\\\\\\\\\\\\\=
You Are Not A Criminal...
... just because you want to legally avoid your taxes.
Isn't It Time You Stop
Being Treated Like One?
There's only one way to get out from under the thumb of the U.S. taxman.
It takes some planning. It takes some know-how.
It takes some courage and guts, even.
But if our Founding Fathers were brave enough to challenge
Mother England for their tax freedom, surely such
freedom is worth exploring again today...
____________
More here in case mt bible long post gets deleted.
http://tinyurl.com/ybt6en
Above is just an e-mail I got and so I posted it. I am not agreeing or disagreeing, it is just INFORMATION for those of you that are sensitive HPers.
Thanks FMW for the link, but that article doesn't address the excise taxes we all pay, homeowner or renter, citizen or non-citizen on goods, services, food, fuel, etc.
Homeowners get to pay extra for property taxes. In wholesome Utah, there are hefty "sin" taxes for liquor, beer and tobacco.
Meanwhile, my state sits on a billion dollar surplus each year.
We're getting nickel and dimed to death with taxes. Thank goodness I am a homeowner and can deduct mortgage interest and gain wealth through appreciation...assuming homes keep appreciating.
Oh, okay. You are welcome, mort guy.
Yes, they (those people) are mostly corrupt, IMO. I have wrangled with them all, and they were/are wrong. I have no fear. I have nothing to fear because "I ain't nobody".
Please watch Freedom to Fascism.
Now that producer is a warrior, IMHO.
FMW,
Compared to most of the world we pay nothing in taxes. My wife and I are in the 28% bracket. After all deductions last year we paid 17.2% in income tax to the feds. No state income tax where I live. Add in property tax and sales tax, I estimate about 20-21%.
I think 21% of my income to fund a stable society with interstate highways, airports, court sytem, free education for all, a strong military (don't reply back with Iraq please, we need a military with or without Iraq) and everything else we have is more than reasonable.
I live what I consider to be quite a priviliged life. I'm willing and able to pay what I condider a fair fifth of my income so others who are nowhere near as priviliged as me can get a helping hand.
I will be the first to admit there is waste in government and things could be more efficient. And some IRS investigators are assholes I'm sure. You don't throw the baby out with the bath water.
Sane Person,
None of Your Fed income taxes go to these things. 21% of your income pays the FED Bank Interest, period, according to my studies.
These things on your list, except Military, are funded by local and state taxes.
You are still in The Matrix, imo.
Sorry to say.
------------
I think 21% of my income to fund a stable society with interstate highways, airports, court sytem, free education for all, a strong military (don't reply back with Iraq please, we need a military with or without Iraq) and everything else we have is more than reasonable.
Taxes
Tax his land,
Tax his bed,
Tax the table
At which he's fed.
Tax his tractor,
Tax his mule,
Teach him taxes
Are the rule.
Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat.
Tax his ties,
Tax his shirt,
Tax his work,
Tax his dirt.
Tax his tobacco,
Tax his drink,
Tax him if he
Tries to think.
Tax his cigars,
Tax his beers,
If he cries, then
Tax his tears.
Tax his car,
Tax his gas,
Find other ways
To tax his class
Tax all he has
Then let him know
That you won't be done
Till he has no dough.
When he screams and hollers,
Then tax him some more,
Tax him till
He's good and sore.
Then tax his coffin,
Tax his grave,
Tax the sod in
Which he's laid.
Put these words
upon his tomb,
"Taxes drove me
to my doom..."
When he's gone,
Do not relax,
Its time to apply
The inheritance tax.
Accounts Receivable Tax
Building Permit Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax,
Fuel permit tax
Gasoline Tax (42 cents per gallon)
Hunting License Tax
Inheritance Tax
Interest expense
Inventory tax
IRS Interest Charges IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Property Tax
Real Estate Tax
Service charge taxes
Social Security Tax
Road usage taxes
Sales Tax
Recreational Vehicle Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone federal excise tax
Telephone federal universal service fee tax
Telephone federal, state and local surcharge taxes
Telephone minimum usage surcharge tax
Telephone recurring and non-recurring charges tax
Telephone state and local tax
Telephone usage charge tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft registration Tax
Well Permit Tax
Workers Compensation Tax
COMMENTS: Not one of these taxes existed 100 years ago, and our nation was the most prosperous in the world. We had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids. What happened?
And I still have to "press 1" for English
FMW,
It's funny to read so many rants here about the lack of regulation or oversight that led to the housing bubble. Yet exactly how do you propose this oversight and regulation be funded without taxes?
Not EVERYTHING is a conspiracy. Sometimes the simples explanation is reality, ie I pay income tax, an airport is built with the money. I pay income tax a university is funded and Pell grants are given. I pay income tax the FAA is funded. I pay taxes NASA, SEC, EPA, NOAA are all funded.
Let's see also 100 years ago we had no interstate highways. We had a handful of airports. We had no EPA, no SEC, no FDIC. Only the very rich went to college. Life expectancy was 1/2 what it is today. Lose your job in 1907? Tough shit, no unemployment, no welfare, out on the street you go. No money for vaccines for the kids? Tough shit, they die.
Yea, great times, great prosperity for one and all.
sane person,
What part of the Guberment do you work for?
IW
Sane Person,
You the nasty anonopussys aren't you?
nasty whatnow? must you resort to name calling? Ugh.
I don't now and have never worked for the government in any capacity. It is possible to not be a rabid right wing nut and work in the private sector at the same time.
I agree with FMW that we are taxed excessively. I realize and accept that taxation is necessary and fair in order to fund programs that have a collective benefit. But how much is enough?
Government is a necessary evil. Whatever government does it does poorly. On the other hand, competition leads to innovation and high productivity.
Government is necessary for all kinds of purposes but it should, as much as possible, preserve and promote competition.
I don't think there is many a sane person who wouldn't agree that the consistent theme of government programs, projects and agencies is waste and mismanagement.
I live in the Boston area and suffered through years of news reports on one of the greatest government-funded fiascos of all time: the big dig. Perhaps this has coloured my beliefs but the big dig is not exactly the only example of government mismanagement.
Sure, a housing panic has to start somewhere. Like a ripple, it will eventually affect almost every city. Things are still booming in many places. The housing panic has not reached your shore yet, NYC. Perhaps a 5.1% gain is the worst that you will see. The bigger they come, the harder they fall.
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