TaxNightmare.org End the property tax nightmare!

October 19, 2009

Filed under: Updates — gioia @ 10:51 am

 

LETTER FROM A TAX REFORMER…..10/19

IN CASE NORTH CAROLINA FILLS UP WITH PEOPLE FLEEING NYS PROPERTY TAXES …

“I was just talking to a friend who’s been living in China for the past 2 years with his Chinese wife. He still has his home here near the reservoirs where, thanks to NYC, his tax is much less than mine on a property of equal value.

I still can’t figure out how 2 properties of equal value can be taxed at different rates when the authority to tax stems from a delegation of state legislative taxing power. Don’t people pay the same rate of income tax everywhere in the state?

Anyway, he told me that, in China, the government taxes real property at 2% when it is purchased and that, thereafter, it is freely owned and able to be passed on to one’s children and heirs at no further cost.”

SO UNLESS YOU’RE ON YOUR WAY TO CHINAL

 BETTER GET DOWN TO THE EAST FISHKILL TOWN HALL (330 rte. 376). I’LL BE THERE TONIGHT AT 7 p.m. TO HEAR Frank Mauro and John Whiteley of the Omnibus Consortium talk about the Omnibus Property Tax Relief and Reform Bill that may allow you to remain in NYS. J

The event is hosted by Assemblyman Marc Molinaro.

…or brush up on your Mandarin.

 

 

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