Replies

Agree.... When I was growing up, I was taught that if you wanted something, you had to work for the money in order to buy it. I don't like the concept of property taxes because you earned the money to buy a house - saved money for down-payment, pay interest to the back on the loan and then paid it off. But then you have to keep working for the money to pay the tax on it if you want to keep the house or in other words, you continually have to keep paying for it with no end in sight.

I owned a house in Indiana and the interesting thing, if you owed money on it, your property tax is 1/2 of what it would be if you had no mortgage on it. My property tax was $1700 but if I got to pay it off, it would go to $3400. Stupid.... The house I own here in Colorado, it paid for, free and clear. When the housing market comes back, I can get around $200,000 for it but the property tax is $800 per year. I pay it with one check in February.

Let’s ask this question- since when are free landowners obligated to pay tribute in order to possess something that they own free and clear? Yeah yeah, that’s the law bla bla bla. But think about it- how far have we strayed since 1776?