Market Ticker Forums
Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2012 In Review)
Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
Rss Icon RSS available You are not signed on; if you are a visitor please register for a free account!
Sponsored Advertising
To remove advertising from your display upgrade to Gold Donor status
Comments on Is It Time To Move To North Dakota?
User: Not logged on
Top Forum Top Login Control Panel FAQ Register Logout
Showing Page 3 of 7  First1234567Last
User Info Is It Time To Move To North Dakota? in forum [Market-Ticker]
Lowbeyond
Posts: 16864
Incept: 2008-02-11
Green A True American Patriot!
CO aka West NJ/East CA
Report This As A Bad Post Add To Your Ignored User List
ahh well Xkn. Property Ownership is one of the Big Lies the State tells. People love to believe it though. It makes them happy if they purposely deceive themselves to thinking they own something - rather renting from the state.

In fact the last part doesn't even register on most of them. So all is well

----------
Maybe it was a birdy bread-bomber from the future?!
Bsaxberg
Posts: 169
Incept: 2009-07-04

North Dakota
Report This As A Bad Post Add To Your Ignored User List
I find this ticker a bit close to home. :-D I will be voting for this. The legislature will have to come up with a way to fund the schools if this passes. I home school, I don't get any funding from the state or county. There are jobs here if your willing to work. I'm even working two shifts right now along with my own business. The idea of people having to figure out what government services they are willing to pay for out of current funds would quickly come to a head as they wouldn't be able to rely on property taxes.

Regarding weather, it is warm right now compared to the norm and barely a dusting of snow. I am thankful for that. :-D
Berkleyreindeer
Posts: 665
Incept: 2008-07-22

Minneapolis , MN
Report This As A Bad Post Add To Your Ignored User List
They have money coming out the wazoo. Big whoop. Alaska has low taxes too. The real question is, are they trying to improve the quality of life in North Dakota, or simply saying they don't like paying taxes and are going to rewrite the state constitution during a royalties bonanza. My first thought was "Stupid long term maneuver." My 2nd thought: Afghans don't have taxes either.

----------
It'll get worse. Just wait.
Genesis
Posts: 130663
Incept: 2007-06-26
Admin A True American Patriot!
Report This As A Bad Post Add To Your Ignored User List
So your definition of "improving the quality of life" is to steal money from one person and give it to another?

----------
I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Lowbeyond
Posts: 16864
Incept: 2008-02-11
Green A True American Patriot!
CO aka West NJ/East CA
Report This As A Bad Post Add To Your Ignored User List
Berkleyreindeer seems to be ok with being a perpetual serf to the state - subject only to the whims of his betters.

Ah well it takes all kinds

----------
Maybe it was a birdy bread-bomber from the future?!
Smacktle
Posts: 1358
Incept: 2009-01-20
Green
Texas
Report This As A Bad Post Add To Your Ignored User List
No friggin way!

----------
The faults of the burglar are the qualities of the financier.
- George Bernard Shaw
Michelj
Posts: 26
Incept: 2009-12-02

Netherlands
Report This As A Bad Post Add To Your Ignored User List
Michael Hudson will argue this will merely increase prices of land. The money will go to the banks. So the other side of the coin should be, no borrowing for buying land!
Peter
Posts: 604
Incept: 2008-08-22
Green
Calgary, Alberta
Report This As A Bad Post Add To Your Ignored User List
Michelj, I agree with that. A good comparison is Texas vs anywhere else. Why did Texas not have a property boom, they have ridiculous high property taxes.

Squirrel
Posts: 13
Incept: 2009-11-12

Neenah, WI
Report This As A Bad Post Add To Your Ignored User List
Wouldn't not having to pay property taxes enrich the lives of every North Dakotan. Whether they chose to improve their quality of life individually, by using their newfound availability of funds on personal enrichment, or come together as a community to keep the service levels they have now, such as paying a "school tax" or higher income tax or "heat for the homeless" tax, they could chose so. But it provides the residents of each community with the choice of how they want to live. Government involvement and programs, and their funding, would be decided locally and funded directly out in the open...the way it should be in my opinion.
Spanktron9
Posts: 2768
Incept: 2009-03-13
Gold
Reality.
Report This As A Bad Post Add To Your Ignored User List
Genesis wrote-
Quote:
So your definition of "improving the quality of life" is to steal money from one person and give it to another?


I don't believe that is what is being argued. I similarly call "shenanigans" on the no property tax issue. Looks great on the surface to abolish property tax, but I believe that it is a function of the revenues being generated from drilling and production. What happens when those revenues fall? Property or VAT or some other tax will come back to make up for the shortfall.

I don't believe this is some great blow for economic justice or libertarian values, just a ploy to get more folks to ND. I can't argue with that desire, but I think assigning a high-minded Randian motive is a mistake.

BTW, I would *love* the opportunity to only pay taxes for truly communal services. Police, Fire, Sewer and water, etc. But we all know that isn't going to happen.

My daughter's school is 94% title 1. That means virtually every child gets free and reduced lunch as well as breakfast before school. What are the chances that those kids parents are paying property taxes?

----------
"Winter is coming." -Motto of House Stark
"Mo'lon La'be"- Leonidas
"Strong people are harder to kill than weak people, and more useful in general" - Mark Rippetoe
"Its like Calvinball."-MarvinMartian
Genesis
Posts: 130663
Incept: 2007-06-26
Admin A True American Patriot!
Report This As A Bad Post Add To Your Ignored User List
Oh I think the premise of making taxes entirely transparent and visible to everyone to the maximum extent possible is the best disinfectant to these problems.

Property taxes are EVIL. If you want to levy a tax then do so on sales, where I can see it every time I go to the store - and get*****ed about how much it is.

If it's for good and valid functions, I won't care. If it's not, I'll do my damndest to put a stop to the stupidity.

----------
I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Mo
Posts: 12158
Incept: 2007-06-26
Silver
Pa.
Report This As A Bad Post Add To Your Ignored User List
Karl, they'll just charge you a big up-front sales tax when you buy a house so you pay your property taxes ahead of time.

----------
Welcome to Pottersville
Spanktron9
Posts: 2768
Incept: 2009-03-13
Gold
Reality.
Report This As A Bad Post Add To Your Ignored User List
Gen-

We fully agree on transparency. I guess my problem is that people seem to be jumping on the abolishment bandwagon in the belief that it is driven by sound fiscal policy and an interest in transparency and equitable use of revenues. [bull****]

Easy to be magnanimous when the coffers are overflowing, check back when times are hard and see if those "EVIL" property taxes aren't right back in the mix.

----------
"Winter is coming." -Motto of House Stark
"Mo'lon La'be"- Leonidas
"Strong people are harder to kill than weak people, and more useful in general" - Mark Rippetoe
"Its like Calvinball."-MarvinMartian
Genesis
Posts: 130663
Incept: 2007-06-26
Admin A True American Patriot!
Report This As A Bad Post Add To Your Ignored User List
The nice thing about a state Constitutional Amendment is that the legislature CAN'T put them back in the mix. You need the citizens to CONSENT.

----------
I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Shortwaveuv
Posts: 313
Incept: 2011-07-12
Silver
Fort Worth, TX
Report This As A Bad Post Add To Your Ignored User List
Quote:
Karl, they'll just charge you a big up-front sales tax when you buy a house so you pay your property taxes ahead of time.


Perhaps, but at least that is a bill that can be paid in full. Property taxes cannot be paid in full, they just come up again year after year.
Spanktron9
Posts: 2768
Incept: 2009-03-13
Gold
Reality.
Report This As A Bad Post Add To Your Ignored User List
Oh, you'll get that consent!

inline

----------
"Winter is coming." -Motto of House Stark
"Mo'lon La'be"- Leonidas
"Strong people are harder to kill than weak people, and more useful in general" - Mark Rippetoe
"Its like Calvinball."-MarvinMartian
Mpilar
Posts: 5569
Incept: 2009-01-05
Gold
Nashville, TN
Report This As A Bad Post Add To Your Ignored User List
Quote:
"EVIL" property taxes aren't right back in the mix.

This sounds like they're actually attempting to change the state constitution to keep them from coming back so easily. Grant it, they can just repeal that constitutional change...but at least it's a little more difficult.

----------
Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats. H. L. Mencken
Rocktologist
Posts: 136
Incept: 2008-11-05
Green
Tater City
Report This As A Bad Post Add To Your Ignored User List
Yeah, when the government is collecting an 11.5% severance tax on every drop of oil that comes out of the Bakken, the state government can probably afford to be so "generous" as to let the ad valorem tax go away for a few years.

Property taxes are not the evil that everyone on this board seems to think they are. Having a good road to your house, good schools by your house, good fire and police protection by your house, etc., DIRECTLY impacts the value of your house. See Detroit for an example. The nice school district you're in (that keeps your house value high) has no advantage over surrounding crappy districts if it has to rely on some socialist funding formula from the state government.

Property taxes also help keep people from hoarding property they are not using since there is a cost every year. Property would quickly become concentrated in the hands of only the wealthy without the property tax. Don't believe me? Look at Mineral Rights, Water Rights, and Grazing Rights which are commonly severed from the Surface Estate, but typically not subject to Ad Valorem taxes. Severed Mineral, Water, and Grazing Rights rarely change hands and only but the richest people can buy them in the unlikely event they can find a willing seller, largely because there is no annual carrying cost on those rights. All land would be like that without Ad Valorem taxes.

The problem is not Property Taxes themselves. The problem is that it used to be in most states that it required a 2/3 or 3/4 or some similar supermajority to pass a new property tax. But over the last 30 years or so, special interest groups (Teachers, public employees, team owners) have managed to get state constitutions changed to require only slight supermajorities or simple majorities to pass new taxes or create new taxing bodies. That is where all the museum districts, auditorium districts, stadium districts, supplemental school bonds, and the other nonsense on your Property Tax bill have come from.

Have you ever noticed how there is tons of advertising FOR a new tax for "schools" or the new football stadium, but there is rarely any advertising AGAINST said new taxes?

Couple that with provisions that allow government entity budgets to grow every year at 3-5% (to feed government salaries and benefits that are growing faster than the private sector) and you end with ever-growing property taxes. But the problem isn't the property taxes themselves, it's that we've allowed the special interests too many easy paths to raising them.

----------
SRS took my money...and my virginity.
Raftermanfmj
Posts: 3304
Incept: 2010-09-06
Green
USA
Report This As A Bad Post Add To Your Ignored User List
Was discussing this at work last night - people were of the opinion that Nevada also had no property tax. I don't think this is true

Can you imagine, buying property, feeding yourself by small scale farming, and generally being independent and left the **** alone by .gov?

Hope this passes, and spreads nationwide.

And yes, you should pay for your child's education (or teach them yourself). Not the state, or rather all your neighbors.

----------
I have never wished to cater to the crowd; for what I know they do not approve, and what they approve I do not know. - Epicurus
Oderint dum metuant - Caligula & Police State USA
Widgeon
Posts: 13481
Incept: 2007-08-30
Green
Region formerly known as the United States
Report This As A Bad Post Add To Your Ignored User List
Property Taxes are Evil ... absolutely.

Quote:
Can you imagine, buying property, feeding yourself by small scale farming, and generally being independent and left the **** alone by .gov?


In large part, this is why the taxes exist in the first place - CONTROL.
Raftermanfmj
Posts: 3304
Incept: 2010-09-06
Green
USA
Report This As A Bad Post Add To Your Ignored User List
Quote:
Berkleyreindeer seems to be ok with being a perpetual serf to the state - subject only to the whims of his betters.

Ah well it takes all kinds


And yet your beliefs if implemented put no burden on him - he can write checks to the state anytime, and kowtow till the cows come home. His beliefs, however, keep you in fetters. Something to think about, no?

----------
I have never wished to cater to the crowd; for what I know they do not approve, and what they approve I do not know. - Epicurus
Oderint dum metuant - Caligula & Police State USA
Lowbeyond
Posts: 16864
Incept: 2008-02-11
Green A True American Patriot!
CO aka West NJ/East CA
Report This As A Bad Post Add To Your Ignored User List
Quote:
And yet your beliefs if implemented put no burden on him - he can write checks to the state anytime, and kowtow till the cows come home. His beliefs, however, keep you in fetters. Something to think about, no?


it is interesting that.. isn't it....

----------
Maybe it was a birdy bread-bomber from the future?!
Djsnola
Posts: 197
Incept: 2009-03-16

New Orleans
Report This As A Bad Post Add To Your Ignored User List
"Karl, they'll just charge you a big up-front sales tax when you buy a house so you pay your property taxes ahead of time."


Louisiana just approved an amendment that bans the imposition of any transfer taxes on the sale of property in this state. So you can easily solve that problem too.
Abn0rmal
Posts: 9261
Incept: 2009-01-10
Green A True American Patriot!
Report This As A Bad Post Add To Your Ignored User List
Spanktron9 wrote..
Oh, you'll get that consent!

inline
Your image macro misspelled "pensions".
Bsaxberg
Posts: 169
Incept: 2009-07-04

North Dakota
Report This As A Bad Post Add To Your Ignored User List
Regarding roads and services. I am a former (recently moved so no longer eligible) city council person. Everyone wants the best of the best until we present the bill to them. We are looking at doing a street project right now. People are already screaming and we have bluntly put it "Do you want paved or do you want gravel?" There is no other way around it. If you want paved it is going to cost x, if you want gravel its going to be considerably less. In the end it all comes down to money. I've sat in the meetings and heard the people. We want the best, we just don't want to pay for it! This mentality has to stop and repealing property taxes is going to force (in my opinion) a lot of people to look at the true cost of the services rendered. At that point they can make the decision if they think the money is giving them the return they expected. There are a lot of things hidden in that tax bill you get from the county. People pay it because what other option do you have? Let the county have your "property" for lack of paying taxes? Again just my two cents as I am smack in the middle of this debate.
Login Register Top Blog Top Blog Topics FAQ
Showing Page 3 of 7  First1234567Last