# The rich don't pay their fair share in taxes!!

**URL:** <https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420>\
**Category:** NYSpeed Off Topic\
**Created:** [May 14, 2008, 10:26am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420 "2008-05-14T10:26:08Z")\
**Posts on this page:** 20\
**Page:** 4

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**Author:** ![ugo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ugo/32/7430_2.png) [@ugo](https://forums.speedlife.net/u/ugo)\
**Post date:** [May 14, 2008, 8:26pm UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/61 "2008-05-14T20:26:44Z")

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> [@AWDrifter](#):
>
> And I only have 2 bedrooms, how many kids could I send to school?

Welcome to my world. Home owner for over 21 years with NO children. I’d love to have the money I spent to educate the kids at Ken-Ton!

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**Author:** ![sickboy](https://avatars.discourse-cdn.com/v4/letter/s/7ea924/32.png) [@sickboy](https://forums.speedlife.net/u/sickboy)\
**Post date:** [May 15, 2008, 5:12am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/62 "2008-05-15T05:12:06Z")

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I’ve got about 0.2 acres and a shitty house in a mediocre neighborhood, no kids, and I pay nearly 4k. Taxes are half my monthly payment. NYS sucks, but you’ll find no sympathy here.

You gotta pay to play, or move elsewhere.

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**Author:** ![chino](https://avatars.discourse-cdn.com/v4/letter/c/bcef8e/32.png) [@chino](https://forums.speedlife.net/u/chino)\
**Post date:** [May 15, 2008, 5:33am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/63 "2008-05-15T05:33:38Z")

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it all evens out one way or another… you either pay for it in the cost of the house, cost of living, taxes etc…

if you don’t want to pay for it then move, you’ll just get ripped another way somewhere else.

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**Author:** ![Zer0DazE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/zer0daze/32/7624_2.png) [@Zer0DazE](https://forums.speedlife.net/u/Zer0DazE)\
**Post date:** [May 15, 2008, 5:37am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/64 "2008-05-15T05:37:22Z")

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> [@AWDrifter"](#):
>
> DISCLAIMER: I do not consider myself rich by any means.
> 
> That being said, I just found out what my taxes are on my new house.  
> $14,000. Yeah, that’s right $14,000.  
> The school tax alone is over $7,000 and I only have one child that will probably not even go to public school!!!  
> I know people that have 4 kids in the school system that don’t pay even close to half what I pay.
> 
> This has just made me stop and think how completely unfair and unjustified property taxes are.  
> In my old house I paid $2000.  
> What more am I receiving now that I am paying 7 times the amount of money?!?!?
> 
> There may be a “house for sale” thread soon.  
> New York is a joke.

the last property my old lady had was more than that, and there wasn’t even a house on the property, just the barn.

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [May 15, 2008, 5:51am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/65 "2008-05-15T05:51:15Z")

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I really need to learn how to multi-quote so I can respond to all of these posts.:redface:

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**Author:** ![RuBiCaNT](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rubicant/32/7622_2.png) [@RuBiCaNT](https://forums.speedlife.net/u/RuBiCaNT)\
**Post date:** [May 15, 2008, 5:57am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/66 "2008-05-15T05:57:01Z")

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> [@AWDrifter](#):
>
> I really need to learn how to multi-quote so I can respond to all of these posts.:redface:

It’s the third button from the left, next to the quote button.

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**Author:** ![chino](https://avatars.discourse-cdn.com/v4/letter/c/bcef8e/32.png) [@chino](https://forums.speedlife.net/u/chino)\
**Post date:** [May 15, 2008, 5:58am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/67 "2008-05-15T05:58:58Z")

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> [@AWDrifter](#):
>
> I really need to learn how to multi-quote so I can respond to all of these posts.:redface:

don’t hurt yourself big guy 🙂

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [May 15, 2008, 5:59am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/68 "2008-05-15T05:59:51Z")

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Thanks.:redface:

I will reply a little later when I have more time.

Old wheel drifter

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [May 15, 2008, 6:26am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/69 "2008-05-15T06:26:20Z")

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> [@chino](#):
>
> it all evens out one way or another… you either pay for it in the cost of the house, cost of living, taxes etc…
> 
> if you don’t want to pay for it then move, you’ll just get ripped another way somewhere else.

Not really true.

EX:

$150,000 here with 5k in taxes = 894/month mortage + 417/month tax. Total payment = 1310/month.  
$220,000 house with 1k in taxes = 1312/month mortgage + 1395 total payment.

Yes, it’s a little more each month, but each month you’re building SO much more equity. At the end of 30 years you own a $220,000 house that has probably appreciated at a better rate than the WNY house because it’s not in a tax oppressed economy.

Or, to look at it a better way, at the end of 30 years, assuming the taxes never go up (which they will) you’ve spent $150,000 in taxes in WNY but only $30,000 in your other state. That’s $120,000 that you basically get nothing back for (considering other states manage to provide the basics like police, fire, and roads etc for far less).

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**Author:** ![Zer0DazE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/zer0daze/32/7624_2.png) [@Zer0DazE](https://forums.speedlife.net/u/Zer0DazE)\
**Post date:** [May 15, 2008, 6:46am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/70 "2008-05-15T06:46:30Z")

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> [@JayS](#):
>
> Not really true.
> 
> EX:
> 
> $150,000 here with 5k in taxes = 894/month mortage + 417/month tax. Total payment = 1310/month.  
> $220,000 house with 1k in taxes = 1312/month mortgage + 1395 total payment.
> 
> Yes, it’s a little more each month, but each month you’re building SO much more equity. At the end of 30 years you own a $220,000 house that has probably appreciated at a better rate than the WNY house because it’s not in a tax oppressed economy.
> 
> Or, to look at it a better way, at the end of 30 years, assuming the taxes never go up (which they will) you’ve spent $150,000 in taxes in WNY but only $30,000 in your other state. That’s $120,000 that you basically get nothing back for (considering other states manage to provide the basics like police, fire, and roads etc for far less).

or your 220k home was really worth 150k, and you over paid and then a correction happens and you lose your ass.

oh wait, that already happened

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [May 15, 2008, 6:48am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/71 "2008-05-15T06:48:47Z")

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> [@Zer0DazE](#):
>
> or your 220k home was really worth 150k, and you over paid and then a correction happens and you lose your ass.
> 
> oh wait, that already happened

Heh, nah, that was your 500k-1.5million home was really worth 220k. Despite the doom and gloom on the news there are a lot of places in the country where home values haven’t taken nearly the hit that is making headlines.

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**Author:** ![RuBiCaNT](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rubicant/32/7622_2.png) [@RuBiCaNT](https://forums.speedlife.net/u/RuBiCaNT)\
**Post date:** [May 15, 2008, 7:02am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/72 "2008-05-15T07:02:41Z")

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> [@JayS](#):
>
> Heh, nah, that was your 500k-1.5million home was really worth 220k. Despite the doom and gloom on the news there are a lot of places in the country where home values haven’t taken nearly the hit that is making headlines.

I think Houston is one of those areas, nice houses for cheap. Ohio is another. My buddy got a 2000+ square feet house for $200k in a great new development in a Cleveland suburb.

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**Author:** ![bracketracer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bracketracer/32/15592_2.png) [@bracketracer](https://forums.speedlife.net/u/bracketracer)\
**Post date:** [May 15, 2008, 7:56am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/73 "2008-05-15T07:56:19Z")

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Here’s a story you’ll love, Drifter. I bought my first house in the Knoxville, TN area. Great school district. Modest house, about 1500 sq.ft. on almost 2 acres in a nice neighborhood.

My total yearly property tax bill…$210. Yes, that’s per year, not a typo. Oh yeah, and no state income tax there.

Our little 1600 sq.ft. house in the town of Lockport on maybe .2 acre - over $4300. It’s absolutely ridiculous.

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [May 15, 2008, 8:01am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/74 "2008-05-15T08:01:27Z")

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> [@bracketracer](#):
>
> Here’s a story you’ll love, Drifter. I bought my first house in the Knoxville, TN area. Great school district. Modest house, about 1500 sq.ft. on almost 2 acres in a nice neighborhood.
> 
> My total yearly property tax bill…$210. Yes, that’s per year, not a typo. Oh yeah, and no state income tax there.
> 
> Our little 1600 sq.ft. house in the town of Lockport on maybe .2 acre - over $4300. It’s absolutely ridiculous.

That is what a lot of people on here may not know, New York is ridiculously higher than most states.  
My aunt sold her place in FLA for a half million and she was paying $800/year in property taxes!!!

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [May 15, 2008, 8:05am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/75 "2008-05-15T08:05:31Z")

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There’s a reason people born and raised in the south are all retards, and it goes beyond genetics. Their schools are horrible. They’re basically on-the-job training for fresh Northern education grads to get a couple years experience at shit money and move back north. I had friends from HS that went to southern schools, and friends in college that were from there. The first group learned stuff we learned in HS well into junior year. The second, even those that were honors students back home, ended up in remedial classes. We still get raped with medicaid, but with education, you get what you pay for.

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**Author:** ![RuBiCaNT](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rubicant/32/7622_2.png) [@RuBiCaNT](https://forums.speedlife.net/u/RuBiCaNT)\
**Post date:** [May 15, 2008, 8:05am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/76 "2008-05-15T08:05:44Z")

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> [@bracketracer](#):
>
> Here’s a story you’ll love, Drifter. I bought my first house in the Knoxville, TN area. Great school district. Modest house, about 1500 sq.ft. on almost 2 acres in a nice neighborhood.
> 
> My total yearly property tax bill…$210. Yes, that’s per year, not a typo. Oh yeah, and no state income tax there.
> 
> Our little 1600 sq.ft. house in the town of Lockport on maybe .2 acre - over $4300. It’s absolutely ridiculous.

WOW! That’s amazing. It certainly puts the whole tax situation in perspective.

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**Author:** ![d3x](https://avatars.discourse-cdn.com/v4/letter/d/8491ac/32.png) [@d3x](https://forums.speedlife.net/u/d3x)\
**Post date:** [May 15, 2008, 8:10am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/77 "2008-05-15T08:10:51Z")

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i understand this is just a rant about the states absurd property tax rates. but common now…thats like someone with a million dollar exotic bitching about gas prices. not counting all the write offs the rich get, yeah you guys pay more in taxes. but id gladly trade places with you in a heart beat.

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**Author:** ![bracketracer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bracketracer/32/15592_2.png) [@bracketracer](https://forums.speedlife.net/u/bracketracer)\
**Post date:** [May 15, 2008, 8:13am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/78 "2008-05-15T08:13:54Z")

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> [@Joe](#):
>
> There’s a reason people born and raised in the south are all retards, and it goes beyond genetics. Their schools are horrible. They’re basically on-the-job training for fresh Northern education grads to get a couple years experience at shit money and move back north. I had friends from HS that went to southern schools, and friends in college that were from there. The first group learned stuff we learned in HS well into junior year. The second, even those that were honors students back home, ended up in remedial classes. We still get raped with medicaid, but with education, you get what you pay for.

Seriously broad-brush statement here. If you look at my example of the tax rates between my two houses, I don’t think that the marginally better education here can account for a 2000% tax differential.

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [May 15, 2008, 8:15am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/79 "2008-05-15T08:15:37Z")

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That’s a given. It’s a fact that subsidizing Medicaid for people in NYC owns us. I’m talking about specifically the school tax portion of the bill. Most people’s come in seperate from their regular property taxes.

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [May 15, 2008, 8:17am UTC](https://forums.speedlife.net/t/the-rich-dont-pay-their-fair-share-in-taxes/48420/80 "2008-05-15T08:17:38Z")

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School $7412.37  
county/other $6223.12

I could send her to Nardin for that!!!  
So, give me my tax money back and I won’t add any expenses to your school.:gotme:

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