Quote:
Originally Posted by Bill14564
Found one. $1.6M with no homestead exemption (worst-case example). $880 in "simplified" tier and max of $1,200 in ad-valorem for a total of $2,200.
Roughly three times the taxes ($1,500) for a little more than three times the house. That does sound like a lot of money. But in perspective, the $450K house is paying something like $600 today while the $1.6M house is paying $2,100 today so the relative difference doesn't change at all.
NOTE: The IFD values represent the worst case. The more likely case, with a 0.1mil ad-valorem, brings the IFD values to $450 and $1,100.
|
Except.......the cost of maintaining emergency services and actually putting out a fire or responding to a medical emergency is maybe, maybe 2-5% higher for the larger home, yet they get to pay triple. Like I said, Robin Hood.