Article

2009-09-02 -Signs, Portents, and the Weather-

Behind Florida's Exodus: Rising Taxes, Political Ineptitude

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Posted by GolfBravoUSMC 2009-09-02 10:29|| || Front Page|| [11129 views ] Top

#1 Granted, most local governments often have to raise taxes when they're staring at fiscal craters like the $427 million shortfall in Miami-Dade's proposed $7.83 billion budget.

Nope. They need to cut expenses.

Posted by DoDo 2009-09-02 10:48|| 2009-09-02 10:48|| Front Page Top

#2 I have an old friend who owns a condo on Perdido Key south of NAS Pensalcola. His property taxes went from roughly $5k per year to over $10k in less than 3 years. He appealed and lost. Like many others in that area, the property is no longer marketable. He's stuck with it.

Posted by Besoeker 2009-09-02 10:49|| 2009-09-02 10:49|| Front Page Top

#3 Same tax thing in DuPage.
Haven't seen many houses sold but they can always dream up comps to raise the appraisal.

Good luck selling at the appraised value.

Posted by 3dc 2009-09-02 11:08|| 2009-09-02 11:08|| Front Page Top

#4 People should self appraise the property value with the provision that people can buy after a (say 2 year) delay.

Posted by Bright Pebbles 2009-09-02 11:57|| 2009-09-02 11:57|| Front Page Top

#5 Groucho Marx on Florida real estate pre 1929, from his movie "The Cocoanuts"
You can have any kind of a home you want. You can even get stucco. Oh, how you can get stucco.

Posted by Anguper Hupomosing9418 2009-09-02 12:36|| 2009-09-02 12:36|| Front Page Top

#6 Reason and Politicians mix like oil and water.

Posted by DarthVader 2009-09-02 13:20|| 2009-09-02 13:20|| Front Page Top

#7 Folks forget that if the budget is "X" the public has to pay for it. The appraisals are just a way to delegate the percentage amongst individual taxpayers. The fewer the taxpayers the more tax to those remaining. The only way to cut taxes is to cut budget "X".

Oh, I wonder how they like that "cheap" government hurricane insurance now that they chased out the "excessively expensive" private insurance. Reality hurts I guess.

Posted by tipover 2009-09-02 16:32|| 2009-09-02 16:32|| Front Page Top

#8 BP, I first saw that idea in Heinlein's "The Number of the Beast". I do not consider that a recommendation; I really do want to steam-clean that book out of my brain.

Posted by Eric Jablow">Eric Jablow 2009-09-02 21:36|| 2009-09-02 21:36|| Front Page Top

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