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King County property taxes up as much as 31%

doogie
doogie Member Posts: 15,072
edited February 2018 in Tug Tavern
Bailey Stober, a spokesman for the assessor, said Tuesday the 2018 boost is “the largest property-tax increase in King County in modern history.”

Golly, with tax increases *this* high, it’s really too bad they won’t be deductible.


https://www.seattletimes.com/seattle-news/king-county-property-taxes-rising-between-9-and-31-percent-depending-on-your-city/
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Comments

  • greenblood
    greenblood Member Posts: 14,559
    It’s trump’s fault
  • Swaye
    Swaye Moderator, Swaye's Wigwam Posts: 41,739 Founders Club
    For Seattle folks, what's the yearly property tax on an average home (roughly)? Say you have a 600K house in West Seattle, what's the yearly bill for that, or any examples any of you have.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,072
    Swaye said:

    For Seattle folks, what's the yearly property tax on an average home (roughly)? Say you have a 600K house in West Seattle, what's the yearly bill for that, or any examples any of you have.

    600K
  • Sledog
    Sledog Member Posts: 37,754 Standard Supporter
    But global warming will be conquered in Washington!
  • TurdBomber
    TurdBomber Member Posts: 20,038 Standard Supporter
    edited February 2018
    Swaye said:

    For Seattle folks, what's the yearly property tax on an average home (roughly)? Say you have a 600K house in West Seattle, what's the yearly bill for that, or any examples any of you have.

    About 1% or 6k for 2017. Mine's higher, but I'm not bragging. I'm a fucking fool to stay in this shithole.
  • Sledog
    Sledog Member Posts: 37,754 Standard Supporter
    Here's that whole states rights argument. Purple didn't care as much about state taxes as they wrote all of it off on their federal taxes. That's gonna change!
  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    Sledog said:

    Here's that whole states rights argument. Purple didn't care as much about state taxes as they wrote all of it off on their federal taxes. That's gonna change!

    Which is bullshit that equates to taxing a tax. Kinda the thing we took the Country over in the first place for.
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,461 Founders Club
    Swaye said:

    For Seattle folks, what's the yearly property tax on an average home (roughly)? Say you have a 600K house in West Seattle, what's the yearly bill for that, or any examples any of you have.

    1.025%
  • Swaye
    Swaye Moderator, Swaye's Wigwam Posts: 41,739 Founders Club
    Now that I have move to the edge of the city (40 ish miles or so outside DC), my property taxes are really similar to what is being mentioned here. Fuck me. I thought Virginia was cheaper.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,883 Founders Club
    salemcoog said:

    Sledog said:

    Here's that whole states rights argument. Purple didn't care as much about state taxes as they wrote all of it off on their federal taxes. That's gonna change!

    Which is bullshit that equates to taxing a tax. Kinda the thing we took the Country over in the first place for.
    WSU education on display

    SMH
  • UWhuskytskeet
    UWhuskytskeet Member Posts: 7,113

    Its cheaper to live in So Cal


    And 1,000 times better


    You get the over priced shit hole you elect

    Property taxes in Riverside are 1.1% and you have an income tax that you can no longer write off.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,883 Founders Club
    I rent.

    I got a big tax cut two ways, individual and corporate. I don't need to heat or cool my house 10 months out of the year.

    I vote for local politicians who want to lower state taxes

    Our cost of living is lower here. Of course you may know better than me since you don't live here or live my life but still


    its 1% if you don't have a mello roos or local surcharge

    Since assessed values rise (or fall) to equal purchase price when a home is bought or sold, homeowners in Riverside County can expect to pay 1% plus the sum of local voter-approved rates. In the city of Riverside, total property tax rates range from 1.07% to 1.20%.
  • dflea
    dflea Member, Swaye's Wigwam Posts: 7,287 Swaye's Wigwam
    edited February 2018

    Its cheaper to live in So Cal


    And 1,000 times better


    You get the over priced shit hole you elect

    A thousand times better?
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,883 Founders Club
    At least.

    At my age anyway
  • UWhuskytskeet
    UWhuskytskeet Member Posts: 7,113

    I rent.

    I got a big tax cut two ways, individual and corporate. I don't need to heat or cool my house 10 months out of the year.

    I vote for local politicians who want to lower state taxes

    Our cost of living is lower here. Of course you may know better than me since you don't live here or live my life but still


    its 1% if you don't have a mello roos or local surcharge

    Since assessed values rise (or fall) to equal purchase price when a home is bought or sold, homeowners in Riverside County can expect to pay 1% plus the sum of local voter-approved rates. In the city of Riverside, total property tax rates range from 1.07% to 1.20%.

    Unless your landlord is eating the taxes every year, that's probably worked into your payment. Electricity rates are literally twice as expensive too, so it's a good thing you don't use it often.

    You are right though. the IE definitely has lower housing prices compared to Seattle, but that's apples and oranges. Comparing it to Bainbridge or somewhere further out would be more fair.

    I'd take your weather right now in a heartbeat, but fuck desert summers. I'll be a snowbird in my twilight years.
  • dflea
    dflea Member, Swaye's Wigwam Posts: 7,287 Swaye's Wigwam

    At least.

    At my age anyway

    When I have a couple more centuries under my belt I'll have to look into Cali.
  • Pitchfork51
    Pitchfork51 Member Posts: 27,662
    dflea said:

    At least.

    At my age anyway

    When I have a couple more centuries under my belt I'll have to look into Cali.
    The place could use an injection of your devil may care attitude
  • Kaepsknee
    Kaepsknee Member Posts: 14,913

    salemcoog said:

    Sledog said:

    Here's that whole states rights argument. Purple didn't care as much about state taxes as they wrote all of it off on their federal taxes. That's gonna change!

    Which is bullshit that equates to taxing a tax. Kinda the thing we took the Country over in the first place for.
    WSU education on display

    SMH
    Its OK Race, you can actually see some criticism of a Trump policy without going all Academis.

    Because we all know you haven't a pot to piss in when it comes to that.
  • Sledog
    Sledog Member Posts: 37,754 Standard Supporter
    How many on here would this apply too?

    "Specifically, the GOP tax plan proposes cutting the cap on mortgage interest deductions on newly purchased homes. Currently, a married couple can deduct interest on mortgages of up to $1,000,000; the GOP plan would cut that to $500,000. Similarly, deductions of state and local property tax would be capped at $10,000."
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,883 Founders Club
    salemcoog said:

    salemcoog said:

    Sledog said:

    Here's that whole states rights argument. Purple didn't care as much about state taxes as they wrote all of it off on their federal taxes. That's gonna change!

    Which is bullshit that equates to taxing a tax. Kinda the thing we took the Country over in the first place for.
    WSU education on display

    SMH
    Its OK Race, you can actually see some criticism of a Trump policy without going all Academis.

    Because we all know you haven't a pot to piss in when it comes to that.
    The Feds have no responsibility to cover for states with high income tax. Pulled straight out of your ass

    Not giving a tax break is not a tax
  • 2001400ex
    2001400ex Member Posts: 29,457
    Sledog said:

    How many on here would this apply too?

    "Specifically, the GOP tax plan proposes cutting the cap on mortgage interest deductions on newly purchased homes. Currently, a married couple can deduct interest on mortgages of up to $1,000,000; the GOP plan would cut that to $500,000. Similarly, deductions of state and local property tax would be capped at $10,000."

    Except now that's meaningless for most as the standard deduction went up too.
  • Kaepsknee
    Kaepsknee Member Posts: 14,913

    salemcoog said:

    salemcoog said:

    Sledog said:

    Here's that whole states rights argument. Purple didn't care as much about state taxes as they wrote all of it off on their federal taxes. That's gonna change!

    Which is bullshit that equates to taxing a tax. Kinda the thing we took the Country over in the first place for.
    WSU education on display

    SMH
    Its OK Race, you can actually see some criticism of a Trump policy without going all Academis.

    Because we all know you haven't a pot to piss in when it comes to that.
    The Feds have no responsibility to cover for states with high income tax. Pulled straight out of your ass

    Not giving a tax break is not a tax
    When the Feds are taxing dollars that you've paid to the state, county or municipality, that is taxing a tax.

    Hope this helps.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,883 Founders Club
    salemcoog said:

    salemcoog said:

    salemcoog said:

    Sledog said:

    Here's that whole states rights argument. Purple didn't care as much about state taxes as they wrote all of it off on their federal taxes. That's gonna change!

    Which is bullshit that equates to taxing a tax. Kinda the thing we took the Country over in the first place for.
    WSU education on display

    SMH
    Its OK Race, you can actually see some criticism of a Trump policy without going all Academis.

    Because we all know you haven't a pot to piss in when it comes to that.
    The Feds have no responsibility to cover for states with high income tax. Pulled straight out of your ass

    Not giving a tax break is not a tax
    When the Feds are taxing dollars that you've paid to the state, county or municipality, that is taxing a tax.

    Hope this helps.
    This is new? You would still get to deduct up to 10 grand if you lived in California and could make that much. Which you can't

    The Feds tax dollars that were already taxed a bunch of times when you die
  • Kaepsknee
    Kaepsknee Member Posts: 14,913

    salemcoog said:

    salemcoog said:

    salemcoog said:

    Sledog said:

    Here's that whole states rights argument. Purple didn't care as much about state taxes as they wrote all of it off on their federal taxes. That's gonna change!

    Which is bullshit that equates to taxing a tax. Kinda the thing we took the Country over in the first place for.
    WSU education on display

    SMH
    Its OK Race, you can actually see some criticism of a Trump policy without going all Academis.

    Because we all know you haven't a pot to piss in when it comes to that.
    The Feds have no responsibility to cover for states with high income tax. Pulled straight out of your ass

    Not giving a tax break is not a tax
    When the Feds are taxing dollars that you've paid to the state, county or municipality, that is taxing a tax.

    Hope this helps.
    This is new? You would still get to deduct up to 10 grand if you lived in California and could make that much. Which you can't

    The Feds tax dollars that were already taxed a bunch of times when you die
    Fucking English Puhreeze???
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,883 Founders Club
    It wouldn't help
  • TurdBomber
    TurdBomber Member Posts: 20,038 Standard Supporter
    One must admit and acknowledge the brilliance of fucking all the most expensive, heavily taxed locales in the US, mostly run by tax & spend liberal democrats, by limiting the state & local deduction to 10k. Being that all tax credits and deductions are subsidies, the feds have said "we aren't giving you subsidized tax breaks for your high local taxes anymore. Now, you have to justify them in the face of the people who pay them and can't write them off." I see some local tax revolts, right quick. Maybe starting in Seattle.

    At the end of the day, most folks worry more about money than Transgender Intersectionalism and which bathroom chicks with dicks use. These limited write-offs will expose that fact.