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To: ChildOfThe60s
Ted Key, 29, of Fort Lauderdale said he and his wife, Laura, decided to put off having children because they could not afford the taxes on a home larger than their 1,100-square-foot cottage. Then, they found out unexpectedly that she is pregnant.

Now I have a little bit of a hard time empathizing with this guy because he needs a house bigger than 1100 square feet with one child on the way. I think our first house was about 800 square feet, and we had plenty of room with just one child.

But aside from that, the problem is not SOH, the problem is the excessive re-evaluation of the property value, once the house changes hands. Just put a cap on the amount they can reassess the house at, and the problem would be solved.

I don't have sympathy for second home owners, or for those in the rental property business.

It's just like any business there are risks you take when you go in, but they could curb the amount they could reasses the property at each year and I think that would go a long way to pacifying rental property owners.

Florida is a "no income tax" state. We've lived in other states and paid 7% or so in state income tax, so if you consider that Floridians aren't paying state income tax, IMO, the tax burden is not as bad as it sounds.

17 posted on 05/14/2007 6:32:25 PM PDT by dawn53
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To: dawn53
Now I have a little bit of a hard time empathizing with this guy because he needs a house bigger than 1100 square feet with one child on the way. I think our first house was about 800 square feet, and we had plenty of room with just one child.

That has to be one of the most Socialist statements I have read here on FR in a very long time...

61 posted on 05/14/2007 9:28:41 PM PDT by TheBattman (I've got TWO QUESTIONS for you....)
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