Hello Everyone, I got home from work and found a letter in my mailbox from the city. It seems my property has been reassessed and increased by 47,000 dollars. My home wich i finally paid in full three years ago is now going to coat me 5,000 dollars a year in property taxes. I got rid of the bank but now a new slave owner is asking me to pay up to live in my own home. Whats really going on. They killed the business owners and are laying the loss of tax revenue onto the home owners. These thieves are stealing from their own citizens. And don't get me started on the innumerable fees everywhere. Firehydrent, garbage can fees, wheel tax ( every car in the city pays 40.00 for each wheel touching the road) this is thievery. Taxation without representation. Thieves!!!
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You bring up an interesting point about businesses paying property taxes. Talk about taxation without representation!
I’ve owned a small commercial building in Crook County Illinois for 27 years. In that time I’ve paid owe $300,00 for a building I’d be lucky to sell for that amount. And if I did, I’d owe another $50,000 in capital gains taxesTo the IRS.
The whole time I could not vote in any local elections that impacted governance in the town where my building is located. Business owned real estate has been unfairly subsidized home owners property taxes for a long time. You now realize this, but most home owners still don’t have a clue.