Michigan Property Taxes Are Being ELIMINATED!?
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- Опубликовано: 26 мар 2024
- Michigan Property Taxes Are Being ELIMINATED!? - If you haven’t heard, news headlines emerged and flooded the internet on local Michigan news stations talking about Michigan property taxes being completely eliminated, which would save Michigan taxpayers $14 billion a year.
Property taxes are the only taxes where someone is at risk of losing their home if they don’t pay it, and you have no choice. Those were the words right from the mouth of Karla Wagner who started the AxMITax proposal to completely eliminate property taxes and get this issue onto the November 2024 ballot.
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Andrew McManamon is a licensed Real Estate Professional with Signature Sotheby's International Realty. All the information presented throughout his videos are based on current or prior experiences, and serve as educational purposes only. Please consult with a local real estate agent, real estate attorney and/or mortgage lender to see if this information is applicable to your situation.
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What are your thoughts? 🤔
When you meet with prospective clients, do showings, assist them with the purchases of new homes are you counseling or advising your clients on how to estimate their prospective NEW property tax bill, or just letting them find out after the sale?
Great question @ralphjessee2688 I always advise my clients on how to estimate their taxes and let them know that the tax amounts on home listings, Zillow, etc. are based on the current owners taxes and not yours when the uncapping occurs. My estimates are usually higher than what they come out to be so they can plan for the worst and hope for the best.
Consider this: In Michigan, real property classified as Agriculture - improved or not, UNLIKE residential either improved or unimproved, DOES NOT come uncapped (with few exceptions). (The big jump most homebuyers experience is due to UNCAPPING, causing the (value) basis to substantially increase.
The next effect is the taxable, assessed, and state equalized value can all be substantially higher on a 3/2 on a city lot for 3,4,5,600K+ vs. 100 acres of cropland that sells for $7,500.00 an acre.
For example, a 3/2 in Birmingham sold for $750,000.00 and will be taxed at or around the purchase price. The cropland sold for $750,000.00 also, but the new owner keeps the sellers basis. (Neither the new owner's taxable value, nor amount of tax will increase)
The result - Whether you qualify for a PRE, or not, the Residential property is going to pay much, much more than the equally valued (dollar basis) Agriculture property.
Do you think there is more tax revenue coming into the state via Residential or Agriculture property?
The local authorities don't do their job. They make the home owner do all the repairs even including the roads.
Michigan needs to get rid of townships. I lived in Indiana and NY and they don't have twps.
I'd even be ok if only Business property and everything other than your PRIMARY RESIDENCE was eligible. Primary Residences should NEVER be taxed.
Businesses already pay a plethora of other taxes, why property? its PROPERTY or RENT? do we rent from the Crown?
I agree. Primary home should not be taxed ot at the very least taxes should be much lower. No way should people be paying insanely high taxes after an uncapping with the insane rise in home prices. That punishes not just first time home buyers, but someone who moves within the state of Michigan to another home whether a side grade upgrade or downsize.
The rate needs to be lower and the taxable value cap at 1995 (First year of taxable value cap being set on 1995 SEV) after Proposal A was passed in 1994) or 2010-2013 value plus inflation or 5% whichever is lowest only for primary home owners where the home owner lives in the home.
If home is a vacation home not even rented out, have no capping at all and always make them pay on SEV. If it is an investment property, cap it upon ownership but uncap upon sale to another investor/rental. Reason I say cap investor who rent them out is to prevent runaway rental prices, But uncap upon landlord rental ownership change.
If a rental or investment home is sold and changed to a primary ownership home form the buyer and they did not own it since 2012 or before, roll back taxable value cap to SEV of 1995 or 2010-2013 plus inflation per year or 5% per year whichever is lowest.
If a transfer goes to another landlord who rents uncap and cap at new SEV as long as they rent it out. If they take it out of rental and hoard property or use as vacation 2nd home only, have no cap at all, If that owner person then decides to move into the property and sells all other property and thus this becomes primary home, roll back SEV to 1995 or 2010-2013 plus 5% or inflation whichever is lowest,
Point is primary homes should not be taxed more than taxable value and no uncapping of 1995 or 2010-2013 values whichever is lowest,
Here's an idea shrink government
Here's an idea to DOUBLE what ya pay in State Income taxes, and greatly increase sales taxes.
Senior citizens should not pay property tax since they are not working anymore
Home values shouldn't dictate how much one pays in taxes.. Value is always subjective. Just because someone who works for the city "assesses" your home and says its worth x amount.
It's a scam. Taxes are necessary for a city. But to reassess a homes "value" is a scam and robbery.
not only that.... the fact that i have to pay a FOREVER tax for an improvement on my house is LUDICROUS.
Stopping property taxes will increase the desirability of living in michigan and booming the economy. The people that say otherwise just want to make people tax cattle and as such, slaves.
@highlanderc I agree. Usually, that only happens if you increase the sq footage though. .
@@backrack01 Yes only to an existing property you live in. But with skyrocketing home prices, if you lived in a home for a long while, try selling it buy a different home. It uncaps and is reset to new high home value and taxes massively higher. Many who move are not aware of this until they see it happen and wonder why their taxes are so much higher than neighbors.
If i dont have children in the schools i shouldnt have to pay for that either.
I would vote to eliminate property tax.
What are your thoughts for doing so?
Find a petition near you! Join axmitax.org for more info or facebook.com/groups/1365882604338310/?ref=share&mibextid=NSMWBT , sign to get it on the ballot in November...
@@LivingInMichigan It reduces the impacts on gentrification. With property taxes gone, existing residents can breathe freely, especially if their mortgage is paid off. It will also reduce rent hikes due to gentrification.
@@natep6729 Agree, Though eliminating them totally would probably be a bit much. The rate needs to be lower.
Proposal A caps property tax even if home prices rise much faster than inflation which they have the last 10 years, That is only if home owner keeps ownership of the home. But upon the sale and new owner, it uncaps to SEV (half market of true cash value) the following year and taxes massively go up in a rising home value market. Then they are capped but at that new insanely high value and taxes.
What they need to do is make the taxable value cap permanent at 1995 or 2010-2013 values plus 5%/inflation whichever is lowest only for principle/primary residence owners where the home owner lives regardless of how many times it sells or ownership changes.
For secondary/vacation and investment/rental homes, keep the same process of uncapping upon ownership change but cap until next ownership change.
Also reduce some mileages so the rate is lower and modest 1300-1700 SF home are paying $2000 in property taxes instead of $3400 to $3900 even with the cap in place let alone the insane $$5800 to $6500 after an uncapping. And larger homes 2000 SF to 3000 SF instead of the insane $7500 to $10K in taxes, more like $3K to $4K even capped let alone what they would be uncapped.
People need to feel like they own their homes and perpetual payment should be as low as possible for a modest home and much over $2K is really a little too much for a modest 1300 to 1700 SF home.
There is a beautiful and thriving town outside of Knoxville, Tennessee with no property taxes. Farragut is a highly sought after place to live. Their schools are at the top in the state. They have a higher sales tax (but not much higher than the Chicago area). Food and other necessities are taxed at a lower rate. It is working very well there.
So in other words you tax the poor more disproportionately as a percentage to their income
@@markreeves6970 No. Sales Tax is the fairest tax we have. The more money you spend the more you pay. The poor don’t spend much while the rich do. No loopholes either. The problem with sales tax is citizens can’t be spied on by the government as easily; Al Capone would have gotten away with his crimes.
@@markreeves6970 it’s like a luxury tax. Everyone has to pay property taxes. Even when renting. The landlord pays property tax and passes it on in rent.
Taxing by sales tax is, for the most part, a luxury tax. Essentials are taxed at a lower rate and there are tax free days provided for back to school necessities. I would rather pay a little higher tax on items that are extra for me. If things are tight, I can cut back on them, but I can’t cut back on property taxes. They are always there.
Who uses a library lol
They obviously CONSERVE their people, beautiful families, and beautiful community! You'll never go wrong when you conserve yourself, family, and communities! Go woke and you go broke. Facts and statistics don't lie!
It's a sad state of affairs these days that you are not able to own a house free and clear even after you satisfy the mortgage. Their is always some state, county or local bureaucracy that is holding your property hostage so they can extract their pound of flesh each year, it never ends and taxes never go down....no wonder people are sick of it.
We are paying more and getting less! Notice they haven’t increased the capital gains credit on selling our homes? Homes have doubled so should capital gains credit to $500,000 single and one million couple
When talking about taxes my favorite word is "GENERATED". What they mean is we robbed you. You had no choice. We took what was yours and spent it how the powerful wanted because we are powerful and you're not
why can't the government just print a trillion more dollars, why do they need my money
I would say their response to that is, “it costs money to make money”
And they do, when it buys them more votes.
What did they ever do before property taxes
@@skylarsartnphotography3450 they probably didn't have bloated government salaries to pay for things like transgender sensitivity training
Property taxes have been around since before the country was founded, but before the mid to late 1800s they didn't have to pay for public schools, buses, police or fire departments, etc. because a lot of the services that property taxes pay for either didn't exist at all or were privately funded (Fire departments were either volunteer or paid for by insurance companies; if you didn't pay for the insurance, they wouldn't come to put out your fire!)
Many school improvements are a waste of money anyway.
As a successful college graduate, much of school is a waste and a racket. I have learned more about my job since graduating than I learned in school.
Michigan property taxes are going out of control and we are losing residents as a result of it.
They're filling every resident lost with illegal immigrants... How convenient now that they'll be removing property taxes... All younger families can't get a home... But these illegals who have everyone paying for everything will be able to afford a house just fine. 😡
I would vote yes. There isn’t any transparency in how are tax dollars are spent. The government is horrible at budgeting the tax dollars they collect and in providing value for the dollars they receive.
It would be great most my taxes go to things I don’t want. Tax the essentials separate
This would be the solution but they will keep their garbage spending and cut the things we need.
@@user-oe5ey3ex8b OMNIBUS BILL
There’s talk of this in Florida but they want to replace with a consumption tax. I think they need to raise the vacation homes especially with the huge influx. I will say property tax is completely out of control.
Or Florida can increase the homestead tax exemption from $50K to $500K
This is being discussed also. Not $500k but it’s being talked about.
My wife and I are in our seventies and own our home outright. We have no descendants going to school in our district but understand the importance of education. Paying our property tax is an expense we could do without, but the loss of local support structure isn't worth the reward. Paying for police, fire and education coverage out of pocket won't work. We would rather pay the taxes each year than lose the public services that are available to us.
Why so black and white you can still have property tax but make it very low and not bided by the value this way u can still fund all these services.
Picture senior retirees on a fixed income that also had their Medicare misappropriated (robbed) that was paid into for 50 previous years. Yes! Eliminate our property taxes or at least discount them for seniors.
I'd even go so far as to say that you have to pay property tax while you have a mortgage, while you have kids in school and if you live somewhere else. If you don't fall into those categories or you're retired your primary residence should be tax exempt. It's EVIL to throw people out of their homes, especially elderly people. It really is EVIL.
What happened to lottery supporting schools!?
Maybe compare Michigan taxes and performance versus other states with lower property taxes and also compare to see what Michigan did before property taxes.
Thats funny here in the Flint area, housing values have plummeted but our bi-annual tax is going up and yet we are skating on number one in the country foe crime. I think a lot of it is the Government officals. Regardless I think a proper fair tax is good.
Great idea!
What are your thoughts on going that route?
The solution is rather super simple.... you want to tax property, fine.. make it a sales tax... you pay 7% or whatever the sales tax is and you are done, just like cars. It should be DONE and over with after certain amount. nothing that you can't budget for or that has unepxected increases.. you will see a HUGE boom in house renovations/bigger and nicer houses being built and other things.
When you do a renovation you pay sales tax on everything you buy for the house. There is no need for a perennial property tax that threatens to take your house away.
It's a complex issue but some old economic philosophers had this to say about it: Property Taxes set rents which sets cost of living which sets wages which sets a country's competitiveness. Reduce the cost to do business in a location by lowering property taxes enables more job creation. Others will say: Tax heavily the things you don't want more of, like high business and job income taxes cause less of those things. "Taxes Have Consequences" says the title of a recent book.
Whatever did they do before property taxes lol....to me, property taxes is proof that even though Ive bpught a home, free and clear, paid off the mortgage, I still do not own the home! I dont even call them property taxes, I just simply call it my yearly rent due on the property
renting from the crown.
Yes thats very true. How can you ever truly own something outright for a mandatory yearly payment or it will be taken away from you.
It doesn't say which taxes will be raised replace it and having the state get all taxes and then they dole it out to localities is a horrible idea. They cheat and waste the money and distribute it based on politics
How about reducing the size of government and eliminating socialist programs.
I would vote to get ready if taxes on land put some on other stuff so don't have all money coming from taxes on homes were you can lose your home if not pay taxes on it
What is the Hedley Act in Michigan?
In 1978, Michigan voters approved the "Headlee" tax limitation amendments to the Michigan Constitution. It established an overall limitation on total state spending each fiscal year and limited the tax revenues. Taxpayers whose assessments grew faster than the inflation rate had their property tax increases limited.
Over spending gov. is the problem , NO ONE should ever be able to lose their property !!
AX the TAX 🗳
What's your thoughts on going that route?
Summer and winter taxes on property is ridiculous on it's own but, Waite for it. The amount of tax is based on current property price in your area and not on how much you have invested into the property, or the actual value of your property.
I am looking into moving right now, my property taxes will go from 5k to 10k per year. Not very happy about it.
From a city to another city Within Michigan? It’s crazy for sure
@@LivingInMichigan Its because property values have skyrocketed. But if you stay in your home for years it is capped because of Proposal A. But that is eliminated once you move and reset. I will never move because of it. The lock in affect is nice for my 2013 bought home paid for in cash as my primary and forever home. I did not intend to move either way but this just cements it further.
Unless property prices collapse again (2008-2009 like) and do not increase, this will be the case in the current system.
Yeah it sucks. Only way to move and not have a massive property tax spike in Michigan is if the law changes or if we have another 2008-2009 mega style crash or worse in prices again. Did you move yet and sell your home. If you have not sold your home yet, you can still stay capped. If you have sold and are looking its too late and will have to buy a new home at the insane uncapped tax value SEV the following year and are done despite getting much more for your home to pay for the more expensive new home. The lock in affect for taxes is gone then and too late.
Really would be nice if Michigan would allow what California allows with Prop 13 for 55 and older to transfer their Prop 13 assessment to another home. Though make it for anyone not just 55 and older and allow at least one time move within the state keeping your following year purchased SEV as lock in and transfer that to new home meaning you use the new home you bought February assessment SEV that you had on home you just sold.
M sister and laws parents want to move to be closer to her and my brother's family instead of 30 mile drive for babysitting my nephews but do not want to move due to uncapping and much higher taxes as they have been in their home built brand new since 1998.
And my goodness $5K in property taxes especially for a modest hoe is already too high. Let alone $10K ouch. That is very bad. Approaching New Jersey level property taxes. What squared footage is your current home and what is the home size you are looking to move to where taxes would double due to uncapping?
I am already slightly above $3900 for only 1700 square feet ranch no basement purchased 2013 and the uncapped assessment from Feb 2014 as assessments started to increase modestly during the early stage of price rebound. Inflation has really caused them to increase last few years when I was only at $3300. Could have only been at $2900 if prices did not start rebounding so soon and fast. But if I ever moved yikes.
It is a great idea. I am fine making up the revenue somewhere else. You shouldn’t be at risk of losing your home for not paying money for services that don’t benefit everyone.
Undoubtedly everyone uses police fire emergency services 911 operators and roads. In the other hand although libraries are nice and zoos and museums are fun but not everyone uses them and I don’t think voters should be allowed to vote money from your pocket for things that aren’t absolutely necessary.
Schools are a different beast altogether.
I would absolutely vote to eliminate property tax. I would also eliminate income tax. Taxes should be collected in the least invasive, most efficient manner possible - a consumption based tax. Government doesnt need to know how much you make or what the value of your property is - too invasive. Anonymous collections at points of sale is the better option.
Reduce the size, scope and power of government in the process. Cut spending. Eliminate unnecessary spending - we know there is a lot of pork spending. Eliminate all non-funded mandates.
The purpose of government - according to our founding documents - is to protect rights endowed by our Creator. That is the purpose - to protect God given rights. Not to redistribute wealth. Not to pick and choose winners and losers by subsidizing politically connected industries. To protect liberty.
Let's get back to liberty.
My property taxes say nothing about the road..
I heard it was the taxes on gas that paid for the roads.
The taxes on gas that were raised 3 times were supposed to pay for the roads. But the money disappeared and the roads still didn't get fixed.
here in miami florida people paying $10,000 every year with the cubans corruption
Your channel is underrated sir! Keep up the good work.
Thank you, I appreciate the kind words!
Don’t hold your breath people.
Children are a choice. If you choose to have children, be prepared to pay to educate them.
Fair. With parents taking on the full burden of k-12 education, what do you think about the potential of a drastic population decline as people avoid that bigger financial burden? (Deaths increasingly outweighing births)
@@LivingInMichigan My parents paid for my K-12 education. It makes perfect sense to me.
Oh boy, Chad here we come.
100% agree❤
@@LivingInMichigan isn't this what is happening already? Taxes are a huge portion of it.
The core foundation of this decision would be a good audit. I would say incredible amounts of money are not going where it should go. Once you know for sure, then big decisions like that can be made without hurting any of the parties involved.
Property taxes are paying for the services the community needs. The problem is they charge you for what you own. It should be based on an amount set by the cities budgets divided by the number of residents not what is built on it. Separate homes vs businesses. They really will replace this with an income tax based on what you earn. Taking from the person based on income instead for the services provided at a set rate for all.
I don't need 30 new parks every year that are completely unused. I don't need to pay for schools if i dont have kids. Why do i always have to pay for something i don't get a benefit from? As a matter of fact, I pay 10k a year and don't even get trash picked up.
I bought my house in 2022 with 2100.00 property tax after 2 years I am at 5200.00 ( uncapped )😢 I can’t afford this. I am facing foreclosure
I bought my home in 2013. Michigan has proposal A. My taxes jumped a little but not that bad after uncapping at the very beginning of home price rebound in its infancy. But my taxes would be like 1500 to $2000 more if I purchased home today after uncapping. I will never move as such.
Really they need to make the proposal A property tax value cap permanent for primary residences and have the uncapping be only for ownership transfer of secondary homes. Otherwise it discourages moving and you cannot move without a huge property tax jump unless we have another collapse of home prices again like 2008-2009 level.
Hedley. Guess which rate is used
It's not fair that home owners should pay for ALL government services. Just double the sales tax and everybody pays makes more sense .
So you’re saying remove property taxes and make sales tax 12%, so if you’re someone who spends more it’s on you?
OR make RENTERS pay a tax. This would also encourage property ownership instead of Renters always voting against landowners because they like having a "free ride" when it comes to all the other responsibilities.
@@LivingInMichigan Why do you want my money at the threat of taking my house? If you love taxes so much i am sure that even if they are eliminated you can still donate them to the city. You are welcome to do so.
There'd be no savings. They'd have to make it up from sales and/or income taxes. Also what's to stop investors from buying and sitting on property making it unaffordable for anyone living here? Should just expand and increase homestead credit.
I think property taxes should be replaced by an alternative tax. I’ve worked my whole life to pay my property down to lower my expenses for retirement. It won’t mean anything if I can’t afford to stay in my home due to property tax increases. My taxes are already a quarter of my monthly housing expense and I’m sure that will just keep going up while my retirement pay goes down relative to my previous working salary. This is long past time to unsaddle my home from government spending.
that 2.5% a year is like you said... 25% of your payment. its not a 2%. It should be a 7% total and that is it... whether you pay it in the first 2/3 years or rolled into the mortgage, just like a car.
Indiana, you pay properly, income, country, sales and even a wheel tax.
indiana's property taxes are considerably lower than here.... considerably.
Property taxes could be replaced by higher income and sales taxes with no service disruption. The sky won’t fall. It would support home security … less homelessness that is. Many more Seniors could live their final years in their family home and not require as much government support. It is just a shift in tax collection.
Yes, from the rich to the poor
I'm tired of income taxes... And I'm tired of illegal immigrants getting handouts that will be put on the backs of the citizens. 😡
@@JustDItY Property tax is also a burden on the poor. It’s hidden in your rent.
@@user-de1fu4vi9s Yes, that could be said for all taxes. Some are just more regressive than others. Few are as regressive as sales tax.
It would help homeowners in Michigan! Maybe not eliminate it but it needs to be capped at a MUCH lower percentage.
And change where the taxes are allocated and the percentages.
Make Proposal A cap permanent for primary residence owners at 2011-2012 price levels or 1995 price levels plus inflation whatever is lower regardless of how many times you move. Make only secondary and non primary homes and rentals have uncapping in addition to the non homestead increased millage.
I VOTE TO AX THE TAX. It bothers me when there is a proposal for the school asking voters to give them more money and people who own no property vote yes on it and I among others are stuck with the bill. How is that fair? Not to mention you literally have no kids going to that school. Let the marijuana industry pay for this. It's a new revenue brought into the state since they legalized marijuana. Our public schools stink. They don't even know how to write cursive anymore. Its become a place of indoctrination, pure and simple.
I like that property taxes are local and ear-marked. They say specifically what they are to be spent on. And they give local communities the power over these services or even the choice to not have some services.
As a property owner, I do not like that people who don't own property can vote to raise taxes that they will never pay. I also don't appreciate that millage votes will often be scheduled for low-turnout elections like primaries. That's a dirty trick. All millages should be in a November election.
The government will get it's money one way or the other. Funneling all those tax dollars through the State will give the State "power of the purse" over your local services. Do you want the State running your police department?
Some smaller communities choose not to have things like libraries to save money. Will the State ever decide not to build a library to keep taxes lower?
Eliminating property taxes would just result in increases sales tax, state income tax, state excise taxes. The government still needs revenue to pay for public services. Doesn’t matter which state. One can see the problem of not having a state income tax in TX and FL….both states have very high property taxes and sales taxes can be as high as 8% in FL and 8.25 in TX, depending on the county.
So what if those taxes go up a little. At least they can't seize your home!
That would be fine and the government would probably end up with more revenue but at least people would not be at risk of losing their homes over taxes when you purchase items as in paid off in full such as food, toys,tools, ect... You don't continue to pay for it year after year you bought it you own it real-estate should be no different it is nothing less then theft and corruption from government to take some ones property over taxes and a Generational wealth killer...
@@michaelhancock9636 I agree. Lets have our home be like the computer, blender or furniture we own and not the kind of not truly owning it because a never ending yearly fee or it can be taken in a few years for non- tax payment which means you kind of really do not own it even if you pay off mortgage or do outright full 100% cash purchase.
This guy acts like property taxes are no big deal he probably doesn't even pay any taxes can't wait to be able to vote them out land owners should be the only ones to able to say what they can pay
people are still free to donate their money to these establishments they feel are essential and utilize.
Property will get more expensive quickly.
Only if you completely eliminate property tax which then means investment firms can hoard home and land and pay nothing to occupy them only risking no insurance that home burns down which is an unlikely thing anyways.
Tax secondary/vacation/investment/ non homestead homes. For primary homestead homes where people own and live in them, hav eno property tax regardless of age mortgage or not. Thats the purpose of home ownership is being able to have peace of mind of calling it your own while living there and having no rent or mortgage payment hanging over your head. Property tax is a kind of rent so ax it but once again only for primary home owners principle residence homestead. Not for secondary investment and vacation homes or like you said property gets ore expensive as rich millionaire/billionaire people and investment firms can buy lots of and hoard property while paying nothing to keep it.
I feel like this is a great idea! Once property taxes are eliminated, the question being asked is how do we fund parks and roads? Where does that tax base come from? In my opinion, the easiest way to keep basic parks and roads functioning is to tax churches that claim to operate as non-profits but generally don't do anything to meet the most basic non-profit threshold. Just like ridiculously bloated governments, those who are taking from people and not giving back anything of real substance should eventually have to give back what they stole......no?
I’m just afraid if this passes, the fire/ems and police will suffer., I understand the counties will get money from the state, but will it be enough? Will the state actually give the money to the counties up north or will it all end up in Detroit.. (like I feel it is now)
Fire can be picked up by insurance companies which are raking in huge amounts of profits and there shouldn't be an increase. Don't pay that insurance, fine, you don't get the fire put out. Pay for what you use. Police is not your friend anyways. Look how HOA deals with people and its not different than government... a bit of power and they want to own you.
Cut the waste and the government wouldn't need all that tax revenue. It is simple. People do not realize just how much waste there is. Shrink government. If the quality of what gov does was great...or even good, maybe those that like big gov might have a caee, but education is terrible, and the current bloated gov does not improve quality of life. We need competition to stimulate improvement. Let them fail, kick in competitive privatization for as many "services" as possible. We used to live that way and life was better and more free.
Not sharing the video on social media so your videos are limited to your channel.
The pork barrel spending is enough to justify eliminating the property tax. If the pork barrel spending was eliminated there would be more than enough right there to pay for schools, libraries, etc.
I would vote no property tax. I have been retired for12 years, with no raise, but taxes keep going up. They will eventually drive me out of my house when state takes for not being able to pay them
California has Prop 13 passed by Republicans in the 1970s which limits how much the government can increase your property taxes annually (max increase 2% per year. Michigan could maybe tie to inflation). That could also be a middle ground. Why do I have to pay more as property values around me increase a lot (I don't benefit from it until I sell in which case they take a chunk using transfer taxes)? California also has a runaway budget and trying their hardest to eliminate Prop 13. Fiscal responsibility and a balanced budget should also be a requirement.
Michigan has a similar thing called Proposal A passed in 1994. 5% or inflation whatever is less is how much you can be taxed on. But once you sell home it resets to uncapped value. I think its the same or similar in California with Prop 13. Though California its limited to 2% and 55 and older can transfer Prop 13 when moving to similar or less expensive home. In Michigan you cannot. California also has so much higher home prices than Michigan and almost every one else as well but they have a lower tax rate so there are even bigger differences between current recent home buyers and long time home owners especially 30+ year ones than the already big difference in Michigan.
No property taxes who paying for trash pick up snow removal
These will now be a separate bill, city service fees. You'll still will be paying
I already pay for my own trash and snow plowing. If the roads aren't safe, stay home.
The state makes a small fortune off revenue sharing with the casinos. Just our local casino pays millions every year a portion of that is given to our local community. Now if the state has this same deal with every casino , they are probably making billions. Where is all that money going. The state also has their fingers in the production and sale of cannabis. Where is the millions from that going. Let's not forget "sin" taxes , gas taxes, gambling income tax and all the fees we pay to do anything in this state. I think it can afford to lose income from property taxes. By the way did you know your about to pay from the use of state parks whether you use them or not, when you pay you yearly license plate fee.
They should copy California's prop 13
Well Michigan have Proposal A which is very similar. Problem is it uncaps upon transfer of ownership in property. California Prop 13 does the same thing. Though California does allow those 55 and older to move and transfer their Prop 13 protection to another house. Michigan has no such thing so they should copy that but make it any age not just 55 and older. Allow at least one transfer.
Better yet Michigan and California should make proposal A and Prop 13 caps permanent even upon ownership transfer no matter how many times as long as its a primary homestead residence. Only uncap upon ownership changes of secondary/investment/vacation homes and keep it capped until ownership changes again for non primary homestead homes.
If investment/rental/vacation homes change to primary home, roll back the SEV to the lowest capped value of 1995 or 2010-2012 plus 5%/inflation per year, whichever is lowest. Or if homestead changes to a non-homestead, roll up the SEV to last ownership change and tax on that. Rinse and repeat as often as needed. That is for Michigan. For California Prop 13 do the same thing except its 1978 and 2% cap no matter what.
Vote to get rid of property tax! It’s going up faster than our income and it’s a never ending bill. If you own something then you own it! With property tax you never own your home and can have it taken from you for what? Not paying a never ending tax? Crazy
💯% agree! You don’t continue paying for what you own. You know how RICH I would be if I taxed people’s basic needs like; Housing, transportation (Vehicles), Electricity and Water?? Government is a parasite and people are just fed up with it in this country.
Hedley act. Inflation or 5% which ever is less
Thats propsal A. I think Headlee requires millage rollbacks and also allows uncapping in a 1year delay.
well the fact is ...The government needs to stop overspending on unnecessary things like for example free cell phone and free health insurance, free hotel stay for illegals!!!! and plus how much your house is worth shouldn't dictate how much someone pays in taxes for it, there should be a fixed amount from the time the house was bought..... and I would vote to eliminate property taxes but only after the home was payed off....
Yes, these socialist programs are just another form of theft.
I would vote to eliminate property taxes when they boot the illegal immigrants out of our state.
@@axiomaticidioms3857 So while they're here you'd like to continue to support them with your property taxes...got it.
Someone with common sense. Too bad you're not in charge.
@WhiteKitta Agreed 100%👍👍
What happens when the tax cap is lifted and farmers that have owned their homes for 40+ years can't afford the high increase to their taxes? 180,000 tax seized/lien properties in 2023. Those are home bought and paid for and taxed for years. The owners are forced out because they can not affird property taxes. I own my home, but technically, the State of Michigan does, and I can lose it because of one thing...property taxes. Eliminate property taxes. The state over spends and needs to be restricted by We The People. Less money=less power.
If it is going to save them 14 billion dollars a year they'll get that 14 billions dollars from somewhere else. Or, are they going to reduce their annual budgets by 14 billion a year? When has that ever been done in the history of this nation? Don't be stupid. Now property taxes pay for your schools. Where is that money coming from in the future?
My great uncle might loose the house he built due to the property tax because the government has decided his house is worth a million. I'm not sure if he could get that amount, but either way he doesn't want to leave. He is an elderly vet who has been fighting cancer as long as I can remember, due to getting sprayed with agent orange. His wife recently died, he thought she would out live him. He needs a break from bad news.
If the government really wants to charge property tax, the tax shouldn't increase until it has a new owner. That would prevent people from being priced out, and it would encourage people to repair and update their property without a fear of increased taxes. Otherwise, property tax needs to go. It's too scary to think some random dude could force you out of your own home because you can't afford the yearly tax.
2% to city 2% to state 1% to fed
i shouldnt have to pay for services i dont use like schools i dont hvae kids so i should have a deduction
Michigan isnt the only state challenging to eliminate properly taxes! North Dakota, Florida, and Texas as of lately have been putting initiatives out there. Michigan isnt trying to provide a stable economy if were getting rpiced out of our homes with crazy rising property taxes... no homeowner shoukd be punished for doing basic maintenance on their home or or have to pay higher property taxes just cuz their neighbors are getting accessed higher or new development os creating nothing but luxury homes around them...
There should never be a property tax. Your property should be yours without risk of the government taking it.
Maybe if the state was ran like a business and instead of relying like a paycheck to paycheck style they should invest and and run the state off of an endowment.
I will vote to eliminate property tax in Michigan because I don't use half the government facilities. Rent and home owners can see a reduce in monthly bills. Texas has no property tax and there doing well. I don't use library, parks, museums, zoos, the county private jails, the prisons. The courts I don't use that stuffi want to ow my home and my brother wants affordable rent. My grandma wants to keep her home on fixed income
texas has huge property tax, they don't have income tax.
@@highlanderc Yes very true. Their property taxes are horrible. Much rather have income tax than property tax any day.
I don't like property taxes either, but there is a consequence nobody is mentioning. All over the country, funds controlled by China, Bill Gates, Hedge funds, etc are buying up huge swaths of land and sitting on it. If they don't have to pay property taxes on this land, they will buy up everything here. They have loads of cash they are sitting on, they will be able to out bid anybody. Today, you can go up North and buy 80 acres of hunting property because somebody else is tired of paying property taxes on it and wants to dump it. If you eliminate property taxes, the average person will never be able to buy property here again. Also, think about all of the water rights and mineral rights that go along with the property.
That's why you eliminate property taxes only for primary residence homestead for the one home an individual owns and lives in. Keep property taxes for 2nd homes and investment properties to prevent China and Bill Gates and like from buying up land and hoarding it.
Wow how great that would be
Well mine has gone up every year iv owned a home. Also my parents house and my parents business. Everyone needs this to pass but I’m sure the dems here won’t let it happen.
If this gets on the ballot I'll vote to ax the tax !!!!
What’s your thought process for doing so?
@@LivingInMichigan hey, I'm an old guy, own my property,but am really struggling now.
I live very rural, and in 15 years all I've got from my tax investment is the road graded occasionally,and maybe snow plowed.
All things I could do better and cheaper than my 3000$ BURDEN
I lived in a state with no income tax. It was terrible. I am glad i'm back home in michigan
Why did you need social services? Why did you need to have the government coddle you?
Michigan can be a leader of the 21st century by eliminating Property Tax and Income Taxes thereby making the state more attractive for new residents and investors. People build and make communities not TAXES; when new people and old residents decide to move back to Michigan instead of moving to places like Florida, Texas or Washington (that do not have income tax’s) Michigan will began to thrive. The influx of people will spur small business and help the state and municipalities grow organically and sustainably. People will have the choice to invest in institutions of their choosing due to the extra savings they accrue. It’s time to stop building cities top down through government bureaucracy and build through the people.
Michigan should update and implement the “FAIR TAX SYSTEM” (sales tax), it’s plenty of information on RUclips explaining how it would work. After proper implementation Michigan should then move to eliminate every other form of taxation in the state, thousands or even millions will flock back to the great state of Michigan to build more sustainable thriving communities.
DO not eliminate income taxes. Yes eliminate property taxes. Income taxes are a fact of life and you get to keep income not taxed on by stashing it in savings account. Property taxes in a recurring payment on something you own regardless of income and you thus cannot really own it. I would increase income tax a little and eliminate property tax. That way you can really own your home or land. Increased income tax offsets elimination of property taxes for revenue for schools cities and counties.
Michigan could be a huge leader just getting rid of property taxes as no state has no property taxes. Income taxes are just a thing of life and not never ending and you just subtract the taxes withheld from income and that is your income and you keep it. Property tax means perpetual payment on your shelter just to keep it. That is a much worse tax. Federal has income taxes only and no property taxes unlike states and cities.
@@Wolverine607 You need to study history and the implementation of a “income tax.” Income taxes are not part of life, taxation is theft especially when I don’t have a choice on rather to pay or not.
Also I’m in favor of sales taxes to fund governments not income or property tax. Sales tax allows the taxpayer to choose there tax rate or how much they pay in taxes. Just pay attention people are moving to the states with NO INCOME TAX; Florida, Texas, Washington, Tennessee etc… and if you don’t think the reasoning is income tax I’d suggest you do more research.
@@rbtheballer I agree with you and I do not like taxes of any kind and taxation is theft. But if I had to choose property tax is much much much worse than income tax, With income tax, you have control over your income amount (I mean you do not have to get a much higher paying job) and it is auto deducted from paycheck and you can stash that money away that was not withheld from paycheck into a savings account earning almost nothing and its yours forever.
With property tax, you have a home, but how can you really own it like your remaining money in the savings account, your TV, laptop, furniture, lawn mower and such. Itys a perpetual never ending payment or if you do not pay you lose your home. I hate income taxes too, but I hate property tax much much more. As a compromise in todays environment no way could income tax be eliminated while not making property tax higher. By eliminating property tax, more income has to come from somewhere top fund police and fire services, so may have to raise income tax a little. Unless we want to go back to the days where we really had no government or order.
Not only is property tax a never ending payment on something you own but never really can own free and clear as long as it exists, it is based on value of your home which fluctuates and generally goes mostly one way up up and up faster than inflation which means much higher never ending payment. Income you get to keep some you can save and you can control how much income you make unlike the value of your house or other houses around that just go up up and up with no increase in square footage or land size. Yes there are caps on property taxes with Prop A in Michigan, but that goes bye bye once you move within the state and today's rates with todays prices the rate you will pay on property tax is extremely bad. Even old rates are a bit much. Someone should have the right to move and pay the same tax rate as the long time prior owner did not some artificially high rate based on stupid increased home value which single home owners and upgraders as well as down sizers have no control over.
Yes income tax is bad too, but property tax is a heck of a lot worse.
@@Wolverine607 Income tax is a tax on you sweat equity and labor the government takes its cut before you even touch your earnings. The how are we going to fund police/fire is a classic npc argument, departments should be funded at the local level through a sales tax. The federal government needs to drastically be shrunk down it’s too big and bloated. The government right now is not paying its debts with your tax dollars it’s borrowing money to fund its expenses thus raising the federal deficit and passing the hidden tax of inflation on to its citizens. Your tax dollars go to other countries and entities that do nothing for this country.
Can we abandon the government too?
I think this is a great idea! I’ll be signing the petition.
no one needs a library today, we have computers, amazon, google, for homework. I think it should be against the law to put detroit zoo, detroit institute of arts, smart bus, enhanced school tax, ect on our property taxes, it seems to be neverending what they add on,
I pray this passes and property taxes are eliminated! Our taxes went up $350 per month in three years!
I pay a lot of MI tax and since out of state get little benefit's. But I don't want privatized schools, toll rds. Or pay as you go parks. Don't see it as a savings since these services will still be paid for just not from P tax.
All governments in the US have become bloated and full of waste. Eliminating socialist programs for example is an easy low hanging fruit that could offset the loss of property tax revenue.
You still have to pay to go to parks.
Absolutely.Get rid of property.There's no reason to have other than the government.Stealing our gonna affect schools police or counties
Yes, I would vote against property taxes!
Let the stool crumble and build a NEW STOOL.
I would vote against it.
It's a scam.
Just eliminate being able to take away people's homes. Replace it with jail time or something else but leave people's homes alone
So if someone doesn't pay their property tax/rent then lock them in jail? Bring back debtors prisons?
@@user-oe5ey3ex8b I said or something else but don't take people's homes. What do you suggest
I had a house bought and paid for in cash right from day one, and my disease took off and ran my ass over to where I couldn't work anymore. If you think disability gives you enough to live on and pay your normal bills like that you're fooling yourself. I ended up having back surgery and having my back broke up into different pieces and having to learn to walk again and in the meantime getting behind on my taxes. They took my house. Fortunately I have a brother who had an empty house and let me stay there and I am very fortunate to have a family that helps one another like that. I realize a lot of people don't have that kind of support and help and would just end up on the streets. Do you really think somebody that has bought and paid for their house and ended up in a bad situation deserves to have everything taken away from them? If you do you're in the real ass wipe
Jail time heck no!! That's worse than taking your home and at least giving you the profit of auction minus the taxed owed when the county sells it.
Eliminate ability to take someone's home if they do not pay. Instead just put a lien on it that if/when they sell the home, they have to pay all back taxes owed on it. SO in a way if you never sell your home and live in it until you die or unable to take care of yourself, you own it free and clear. Many would do that but if the need to sell it arises, you are screwed owing back taxes. That is better than just taking it after a couple years of not paying property taxes.
But if said person never sells the home they can live in it with 0 consequences by not paying property taxes not matter circumstance. Thats a better way to go.
Title should really read "proposal to eliminate property taxes"
There’s no way I would condone ending property taxes for anyone other than RETIRED SENIOR CITIZENS….. And she struck a WRONG CORD when she had the AUDACITY to say let the libraries close because of books that SHE DOES NOT APPROVE OF ….. those are IMPORTANT ASSETS to EVERY COMMUNITY and they SHOULD be SOLIDLY FUNDED …. Also she believes public schools should close I’m against that as well , what SHOULD BE HAPPENING is taking into consideration what works BEST for the population IN EACH communities demographic , what works in Marysville would be something TOTALLY DIFFERENT from what would work for the students in the Detroit school system because whether people wanna believe it or not different demographics learn by different methods , it’s not a cookie cutter process as how it has been traditionally done to the detriment of the students , taxpayers and the state .
Libraries, the ones around me are closer to empty.
If you study the existing budget and see that the vast majority of tax revenue is wasted of non-essential crap, any non-socialist could easily make cuts to compensate the loss of property taxes.
@@mph5896 We could replace libraries with homeless bathrooms and internet access.
Agree that the foundational purpose of a library (access by the poor to free knowledge) has been replaced by the internet.
There aren't very many books in my towns library
The state government waste our tax dollars we are razed to much there gas to be some give a take.U cote to eliminate property taxes
Why should home owners foot the bill , as far as schools go pay if you have kids in school
This sounds fair but in never works. Parents with kids are needed; they are the future. Yet they are the poorest among us. I could argue that those without kid should pay 100% for the schools.
Why should we all foot bills for illegal immigrants?
@funfunfun732 …. If you own and live in your home in Michigan you are eligible for a PRE principal residence exception. This exempts you from 18 mills of school tax. The PRE is what some people call the homestead exemption.
@@July.4.1776 thank you ,i will look that up
I live in Michigan….. I’m 100% for eliminating property tax in Michigan (if not the entire US,) yet I’m absolutely 100% percent afraid of where it will lead us…. I think it may be worse off for lower level income families as Michigan has seen a BOOM in gentrification of cities and neighborhoods. They can still raise the the property value and price people out. We will have an INFLUX of literal MILLIONAIRES scooping up property and the poor will have to leave the state anyway. This is the Great Lake State and we wouldn’t give our fresh water resources to terrorists now would we?! Unless the liberal democrats have already stolen our state by office.
That's why you eliminate property taxes for primary homestead homes where the owner lives in the home. But keep them for secondary/vacation/investment properties to prevent land hoarding by the millionaire and billionaires who will scoop them up and pay nothing for hoarding them.