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originally posted by: LSU2018
a reply to: oddscreenname
I can't believe an acre of land in New York is only selling for $2800. If you find an acre down here in Louisiana for $15000 then you're hitting the jackpot.
What's the limit?
Let every person be subject to the governing authorities. For there is no authority except from God, and those that exist have been instituted by God.
Exactly why are property taxes yearly? It should be a one time tax when you initially purchase it. It's a commodity like a car, tv, oven anything.
originally posted by: YouSir
originally posted by: LizzidPepo
a reply to: oddscreenname
We should all own nothing, and be happy?
I've heard that somewhere before, not sure if I like the sounds of it. I think the main concern was for livestock grazing, I mean, do you want free range meth heads running around the farms? LOL
Ummm...well...in all reality...your just leasing your home...or land...from daddy.gov...
Try not paying your yearly rent and see if they don't come and take it...
Serf...
YouSir
Land ownership makes no sense
originally posted by: olaru12
Land ownership makes no sense
It does when you sell to an out of state developer and with that money you can retire and live large; especially when you keep the oil and gas leases. That old dry land farm finally paid off.
originally posted by: Edumakated
You don't really own land or home. You own rights to it... you basically lease the land from the govt and have the ability to sell that right to someone else. Don't pay your property taxes and see how much you own your home / land....
originally posted by: GopiGrl
a reply to: oddscreenname
The reality is, no one "owns" anything. Can't take it with you, those you leave it to will lose it, sell it or have it taken away...nothing will change until "The Crown" relinquishes it's holdings.
Yeah, I know it's Wired but abolishing land ownership has come up before in other ways. This is just another thing pushing the idea.
But, if you do some math:
Average size of a farm in acres: 205
Average price for land by acre in New York: $2800
Average net income per acre: $1648.28
So the property value/tax of an average farm would be: $574,000
The average net income for the same farm would be: $342,842
Yes, there are currently tax reductions for farms but that negates the original argument about charging "farms to tower blocks" 100% of their unimproved value. If you get a tax break you're not paying 100%. Equally, if you still have to pay the full amount to get the percentage back, your boned as according to the New York Comptroller, farms don't make that kind of money.
Whereas the average current property tax in New York is .98% or at most just barely 2% in the state or around $12,000 for the same property.
Unless I did something wrong the numbers don't work. The other is the "immoral nature of land owning". That sounds weirdly familiar.
Like I said, go get me a research study from Academia, JSTOR, or EbscoHost or something, please. Then we can have an actual chat once you figure out what your opinion is. Because OP, you don't even have an opinion. You didn't have to do any math at all--the math you needed to do was an ANOVA. The ANOVA used in a research study, based on the data gathered. It's statistics. You'd need to get them from more places than New York because your math has zero validity and thus your post has no point. You can do it on your own, but you're going to need to write a research study and do an ANOVA. Otherwise, I don't care how much math you do, you can't conclude anything with the information you gave because you simply didn't give enough information, explanation, or data in general.
originally posted by: rukia
a reply to: Zanti Misfit
interesting? Well I hope my reply is. The OP provided literally nothing to discuss at all. I ripped apart the 'source material' so I hope that's interesting enough for you.
originally posted by: lordcomac
I've got 130+ acres and it doesn't make me a dime.
Costs a fortune in interest and taxes every year actually...
Tell me again how it doesn't make sense- this is the only freedom we've got left in America.
originally posted by: nugget1
If homes were only taxed on the property they sit on there would be no way for the wealthy to exclude the 'riff-raff' from their neighborhoods.