Quote:
Originally Posted by BAILY
What about people moving into the state. They will have to pay higher taxes ?
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You may be paying higher taxes than a person living right next door to you, yes, if they have lived here and transferred the credits like I mentioned above. the thing is, there were people that were at a point in life to downsize, and preferred to stay in the state, but would sell their place, and be buying something much less expensive, but were paying property taxes at the newer rate, they were actualloy paying more than the previous more expensive house. Alot of people, then, were leaving the state. This is a way to keep that from happening. Something still has to be done, though, about seasonal resident owners. the taxes, I feel, are still a little out of proportion for them, considering the revenue they do bring in while they are here. Like I stated, there will, in the future, be adjustments to this whole thing, and hopefully will be well thought out, and advantageous for the big picture.
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TV's Spanish Springs Villas 6.30.08