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The Property Tax Meltdown
Citylab ^ | Nov 14, 2018 | Laura Bliss

Posted on 11/15/2018 10:44:20 AM PST by Galatians328

Big-box retailers such as Walmart, Target, Meijer, Menards, and others are suing small-town assessors and high-court judges to accept the novel argument that their bustling big boxes should be valued like vacant “dark” stores—i.e., the near-worthless properties now peppering America’s shopping plazas.

(Excerpt) Read more at citylab.com ...


TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: amazon; retail; taxes
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As more of the retail business moves online to Amazon and it's ilk, traditional retailers will be looking to use all and any tactics to reduce expenses. Both sides have valid arguments so you can expect this to show up at the supremes door and as a campaign issue in the not too distant future.
1 posted on 11/15/2018 10:44:20 AM PST by Galatians328
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To: Galatians328

Does anyone know why is it that some online sites charge taxes and many don’t?

how can I order from my neighborhood shoprite and pay maybe 3 dollars on 200 in groceries when the sales tax here is 8.25 percent?

I pay taxes for some things on Amazon and not for others, and even then the tax rate is sometimes correct (which sucks) and sometimes lower.

confusing


2 posted on 11/15/2018 10:50:26 AM PST by dp0622 (The Left should know if Trump is kicked out of office, it is WAR!)
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To: Galatians328

That’s the biggest problem with any property tax system that is based on property value instead of some other objective measurement. Roadway frontage and the number of curb cuts for driveway access to public roads is a good way to assess property taxes, along with the floor area of the building and the impervious surface of the building and the parking lot. These are all very good indicators of the burden a property places on taxpayers, so they should be used to calculate property taxes.


3 posted on 11/15/2018 10:52:06 AM PST by Alberta's Child ("The Russians escaped while we weren't watching them ... like Russians will.")
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To: dp0622

For online sales you only pay state tax if the vendor has a brick and mortar presence in the state.

When buying groceries some states do not tax food at the same rate as other purchases.


4 posted on 11/15/2018 10:53:23 AM PST by KEVLAR (Liberty or Death)
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To: dp0622

You’re probably buying a bunch of things from ShopRite that aren’t subject to your state/city sales tax. Here in New Jersey, there is no sales tax on most food and clothing.


5 posted on 11/15/2018 10:53:44 AM PST by Alberta's Child ("The Russians escaped while we weren't watching them ... like Russians will.")
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To: Galatians328

Increase the sales taxes on these properties.


6 posted on 11/15/2018 10:57:16 AM PST by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: KEVLAR; Alberta's Child

Thanks AND thanks from two respected sources.

Weren’t taxes supposed to be for raw materials at one time?

Then how do you tax a used, used, used, used car?

SMH


7 posted on 11/15/2018 10:57:18 AM PST by dp0622 (The Left should know if Trump is kicked out of office, it is WAR!)
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To: dp0622

There have been to may retail stores for a long time..

.How many women clothing stores do you need??

Internet takes a lot but not that much

The malls lost business to all the strip malls.. there closer to the user than the mall

In the 1980s you had to go to a mall..


8 posted on 11/15/2018 11:02:20 AM PST by Hojczyk
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To: dp0622
You're welcome!

It's an interesting paradox for a sales tax. My understanding is that a sales tax is only supposed to be paid by the retail customer, and is not imposed at the wholesale level for products and raw materials that will be subject to sales tax later when the product is eventually sold.

Cars are a whole different story. The state would have no leverage to collect any sales tax on a used item that is sold in a private transaction. But in the case of a car the item has a title and is subject to a state registration fee, so the state has a mechanism to force the new owner to pay the tax.

9 posted on 11/15/2018 11:02:35 AM PST by Alberta's Child ("The Russians escaped while we weren't watching them ... like Russians will.")
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To: dp0622

You don’t pay taxes on food products.


10 posted on 11/15/2018 11:03:56 AM PST by Kozy (new age haruspex; "Everyone has a plan 'till they get punched in the mouth.")
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To: Alberta's Child

Never figured out why,in any location,there should ever be a sales tax on necessities. It is just plain WRONG. Here,we have sales tax on clothing, but not on food except prepared food. Food,shelter & clothing are the absolute necessities no matter where you live. What did these states do when there was no sales tax anywhere? Or there was no state income tax? My guess is that they did something that they need to be practicing now....less spending.


11 posted on 11/15/2018 11:05:02 AM PST by oldtech
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To: Galatians328

If the property only has value with the tenant in place, and would sit vacant if the tenant closed the store, then the value is not the property. In many cases, if the big store is an “anchor”, like a Bestbuy, Home Depot, Kohl’s, etc, the loss of the anchor store could result in the failure of the smaller shops and restaurants in the center and even more loss of tax $$$ and jobs. Local governments need to think before they kill their “golden goose”.


12 posted on 11/15/2018 11:05:26 AM PST by ETCS
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To: KEVLAR
For online sales you only pay state tax if the vendor has a brick and mortar presence in the state.

and some who do charge state sales tax on-line do not charge for city/county sales taxes that may apply when you shop locally

13 posted on 11/15/2018 11:05:28 AM PST by TheRightGuy
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To: Hojczyk

Remember the 80s with the anchor stores? :)

Usually Macys or JC Penney or some other biggie.

The good old days :)

I don’t buy clothes online.

I like to try them on first.

i’m a size F lol


14 posted on 11/15/2018 11:05:52 AM PST by dp0622 (The Left should know if Trump is kicked out of office, it is WAR!)
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To: oldtech

When I worked in retail years ago I learned that my state had a complicated way of assessing sales tax that bordered on bizarre. Necessities were not subject to sales tax, but the definition of a “necessity” changed over time. Someone determined that a telephone was a necessity because everyone must have the means to call 911, but anything beyond that was a luxury. So a plain phone had no sales tax on it, but a phone with an answering machine was taxed. Go figure.


15 posted on 11/15/2018 11:08:57 AM PST by Alberta's Child ("The Russians escaped while we weren't watching them ... like Russians will.")
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To: Alberta's Child

How do you people know this stuff??

I feel like a @#$$ing moron on this board sometimes. :(

But i learn more every day and have for many years now.

Could fill a book with what I’ve learned on here, in many areas...science, history, politics. business...

Very well informed members.

I thought Vietnam was around for about 100 years before i joined FR lol

Thanks again.


16 posted on 11/15/2018 11:09:03 AM PST by dp0622 (The Left should know if Trump is kicked out of office, it is WAR!)
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To: dp0622

if the store is in your state you owe a sales tax... if they don’t have locations in your state, you don’t.

Only some items from your grocery store are taxable... most staple foods are not taxable, but non-food items your grocery store sells are taxable.


17 posted on 11/15/2018 11:09:13 AM PST by willyd (I for one welcome our NSA overlords)
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To: dp0622
Oh, don't let my head get too big here, dude., LOL. I only know things for one or more of the following reasons:

1. I have some kind of experience with it; or

2. I had a reason to conduct research on it at some time in the past.

3. I remember things for a long time.

18 posted on 11/15/2018 11:11:54 AM PST by Alberta's Child ("The Russians escaped while we weren't watching them ... like Russians will.")
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To: willyd

I NEVER knew most staple foods weren’t taxable.

I don’t know how I quite missed that one :)

Thanks all for the information.

I just recently bought a Dresser Drawer and I paid full tax on that.


19 posted on 11/15/2018 11:11:56 AM PST by dp0622 (The Left should know if Trump is kicked out of office, it is WAR!)
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To: Alberta's Child

Remembering things for a long time helps!

I’m only 50 and I find myself trying to gather all my recollections on a given subject when talking about it.

too many concussions or too much JD. Or both :)


20 posted on 11/15/2018 11:15:06 AM PST by dp0622 (The Left should know if Trump is kicked out of office, it is WAR!)
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