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OT: Just received a new assessment...

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Old 03-03-2004, 11:46 AM
  #31
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Shane,

That SUCKS pal. Could be worse...it could be my obligation to PAY !

I made a decision. I'm going to the Middle East for 12 months to help in the reconstruction. Don't know yet if I'll be in Iraq or Afghanistan, but it will be one of those two. So, your ideas will have to wait until sometime in '05...
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Old 03-03-2004, 01:53 PM
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Our house hadn't been assessed in 10 years, so when they reassessed last fall, we were brasing for the worst. However, althought the dollar amount increased by $ 1,800. the actual tax rate decreased.......

Live free or die............
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Old 03-03-2004, 01:57 PM
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My taxes went up 40% over the last 3 years. if they don't get you when they do the reassessment, they just raise the mill rate.. I have been battling the town for 7 years since I bought the house.. The house next door is twice the sq. footage, 3 times the property, and the same taxes.. I went to several of the town meetings and filed many times to fight the increases, and I must say it worked until the last two years..
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Old 03-03-2004, 02:00 PM
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Wow, one of the benefits to being a poor Canadian I suppose. My taxes are $1677 for the year. 1500 sq. foot, new home on small lot in a little town.
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Old 03-03-2004, 02:03 PM
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Quote:
Originally posted by Milord
Wow, one of the benefits to being a poor Canadian I suppose. My taxes are $1677 for the year. 1500 sq. foot, new home on small lot in a little town.
yah,, but isn't the income tax 50 % or some crazy number like that.. I guess when all is said and done,, by the time you pay income tax, school tax, property tax, tax on the money you save, tax on the money you spend, and god knows how many other taxes, well,, I don't even wanna think of how much money goes to taxes..
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Old 03-03-2004, 02:11 PM
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Quote:
Originally posted by Chris232
yah,, but isn't the income tax 50 % or some crazy number like that.. I guess when all is said and done,, by the time you pay income tax, school tax, property tax, tax on the money you save, tax on the money you spend, and god knows how many other taxes, well,, I don't even wanna think of how much money goes to taxes..

My income tax, canada pension plan and unemployment insurance works out to just over 30% of my gross paycheck and I'm in the 2nd highest tax bracket in Canada. The 15% sales tax on everything, the $2.65 a gallon 87 octane and the $35 cases of beer are what kill me!
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Old 03-03-2004, 03:27 PM
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I thought there was a law that capped it at 30% per year.

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Old 03-03-2004, 03:35 PM
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You can fight assessments but local governments have grown wise to this and still access at a lower portion than 100% of Market value.

Another thing that might be why Bob S.'s taxes did not go up that much might be because some localities have rules about proportioning taxes based on total local real estate values and just allotting percentages. Means that if all the house go up in value in the municipality your portion of taxes will be the same.
In other words Bob should thank you Shane for your Lake house value getting jacked so much!!!

Yahh that explanation is as clear as mud!
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Old 03-03-2004, 03:59 PM
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Unfortunately GL the case around LG is that the lakeside residents bear an overly significant and proportionate share of the burden. I am surprised that Bobs didn't go up more as the assessor has made it abundantly clear that ever LAKE VIEW homes will be greatly affected as well. The disproportionate disparity is ever widening and the services received for the same dollar is ever decreasing.
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Old 03-03-2004, 04:07 PM
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Quote:
Originally posted by Shane
Unfortunately GL the case around LG is that the lakeside residents bear an overly significant and proportionate share of the burden. I am surprised that Bobs didn't go up more as the assessor has made it abundantly clear that ever LAKE VIEW homes will be greatly affected as well. The disproportionate disparity is ever widening and the services received for the same dollar is ever decreasing.
Exaclty why I want my kid to grow up to be a politician. That way he can also tap into the govt pension from multiple no show jobs.
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