OT- How we feeling about taxes in NE?
- Thread starter HBK4life_rivals100467
- Start date
Its so hard to fathom how that could have happened to that degree
So glad I live in Lancaster county. Makes me thrilled to pay taxes to a bunch of corrupt retards.
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I caught a video by Slama this morning. It grabbed my attention. I’d be interested to know more.
I also wish Pillon had a backbone. In a state like this, you should be able to root out corruption and fraud. Maybe he doesn’t want to.
No reason a farm state like NE should be that high.
List of States with the highest property tax, listed from high to low. New Jersey Illinois Connecticut Vermont New Hampshire Nebraska Texas Ohio Iowa Wisconsin New York Pennsylvania Kansas Michigan Rhode Island Massachusetts Minnesota South Dakota Maine Alaska Maryland North Dakota Missouri Oregon Georgia Oklahoma Florida Virginia Indiana Washington Kentucky California North Carolina New Mexico Montana Mississippi Arkansas Louisiana Delaware Wyoming Tennessee West Virginia Nevada Colorado Idaho South Carolina Arizona Utah Alabama Hawaii
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Not sure how states would replace the property tax if it ever came to fruition because they are so addicted to wasting cash and can never get enough, but I am in the group that thinks when you pay a home off, no more property taxes. Great idea and would let some people retire that otherwise couldn't.
Haha communities with a high % of old people would just have ghetto roads, schools, and stuff like fire services.
Exactly which services are you willing to sacrifice to offset reduced revenue???
Road maintenance, emergency response/reduced staffing, less Hiway Patrol officers, reduced $$$ to the University of Nebraska and public schools???
I'm interested in your solutions!
Many States have a balanced budget statute in their constitution that revenue and expenses must be equal or nearly equal. It's known as the "99%" rule.
It's clear the Radical Right has screamed for always cutting taxes without thinking more than 1 year ahead.
Including a proposed increased that I'm sure will be approved, my property taxes on a 2nd home I have in west-central NE where I grew up will have increased 60% in the past 2 years. Those kind of increases really test the desire to own real estate in NE.
My ex in laws pay 1,500 a month in property taxes. Yes, it's a big, beautiful house but c'mon.
Affordable housing prices in NE historically helped mitigate the high real estate taxes, but valuation increases since COVID, higher interest rates, and skyrocketing insurance costs bound to get worse given the bad fires this year in the state, are making the PITI equation in Nebraska really tough. You can buy a significantly more expensive home in some other states but come out with a pretty comparable PITI payment due to the high T&I costs in Nebraska.
Over the last 30 yrs or so when it comes to property taxes especially when talking schools, they always get manipulated to favor lincoln and omaha area schools because they fail to keep their valuations up to date and within the range mandated by law.
Unicameral is outdated because it doesn't represent nebraska anymore. No check and balance. It only represents lincoln omaha and cities along the platte river and I80
Nonsense! I see a commercial everyday, about getting back on a horse or something, that Pillen lowered property taxes by 20%.
Don't live in NE but did many years ago. Most agriculture dominated states have low taxes for the farmers and ranchers as they have a strong lobby and of course make up a large portion of the population. So the property taxes are passed on to the residents of the cities and towns. Also so many rural states still have not consolidated their schools and thus tax money has to go to them. Less schools, less money paid out. Since I do not live there I am not aware of other issues.
Everyone talks about how they wish our country was like it was back in the 1950’s but what they don’t want to do is compare income tax rates. In the 1950’s, those who earned over 200k$ were taxed at a rate of 91% and corporations were taxed almost 50%. The idea was that if you were going to get rich in our country, you were going to provide a benefit to your neighbors. This allowed families to subsist on a single income such as a man working at a hardware store providing for his entire family while the wife stayed home and raised the kids. Wages were higher, people were happier, and there was a baby boom. Now it often takes both parents working full time just to scrape by and politicians wonder why the population is stagnant. Simply put, the rich don’t contribute to society any more. They spend more money paying accountants to get out of paying their share than they do in taxes. Now they cry about 30% tax rates. There is no reason that Amazon and Walmart executives making hundreds of millions a year basically pay no taxes.
We start with those 'services' that seem to be fraught with fraud and misappropriations every year. You know the type, 8 government employees in one office and never an ounce of responsibility or accountability.
I mean...who doesn't want their 8 y o riding a bus for 90 minutes because all the rural school have been forced to consolidate because of improper education funding, right?
Ffully agree. Democracy works best when about 10% to 20% of the population is considered very wealthy and about 10% to 15% are considered poor. That means the middle class is comprised of about 70% of he population. They are the ones that pay the most in taxes. During the past 40 or so years the top group or wealthy group has grown and so has the lower or poor class. The Middle class is carrying the load. We have a huge disparity of income right now and that leads to a very unhappy population.
The small gyms I went to for basketball games as a young kid were for schools that consolidated and that picked after I left in the late 80s. My own high school was founded in 1966 for consolidation of three smaller schools in the area. So consolidation to degree or another has been happening for over a half a century.
Not in Nebraska. Nebraska relies heavily on property taxes and in most of the state the farmers pay the lions share to the county and school but the votes come from the cities
Taxes on the Rich Were Not That Much Higher in the 1950s
Despite high marginal income tax rates, the top 1% of taxpayers in the 1950s only paid about 42% of their income in taxes. See more about taxes on the rich.
taxfoundation.org
Did they actually pay the 91% tax rate?
Real estate taxes are out of control, the local school districts need to start balancing a budget and even start making cuts. Right now they are like a kid in a candy store with a $20 bill the kids wants everything
No one paid anywhere near 91%.
The income was offset by deductions that have been eliminated since the 1950s.
The top 10% of Income Earners, representing approximately 52% of the country's income, pay a little over 76% of the total federal income taxes collected. The bottom 50% of Income Earners pay a little over 2% of the total federal income taxes collected.
Nebraska didn't have a sales tax until 1967 nor an income tax until 1968.
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I have read this same scenario multiple times. Its been a while but I did a quick search and while the rates were high, no one paid them. There were many more deductions at the time. It sounds good in theory and on paper but practically it wasn't what many think. Apparently. What I don't understand is why some people are so excited about the government taking more of their money and even more excited about the government taking lots more of someone else's money.
Ok I’ll take a stab at your challenge. Let’s start with highways and their engineering standards. All based on 3rd party standards designed to increase costs which makes engineering profits higher. There are zero studies that wire fence barriers in the medians result in safer roads. Ever seen a car in the left shoulder of interstate? Yet we dropped 200 million on them.
We spent 4 million on an extra round about lane at 14t and superior and 300 k a year later closing down one lane.
Wanna talk about about schools? It’s the biggest waste of tax payer money. They are in completion to create Taj Mahal facilities that do zero to help education.
Ar one point 10 years ago the state employed 2 people to travel around and clip toe nails for the elderly. And you want to get on here and ask what government services we could drop. I only hit the tip of the iceberg.
Did you see the bombshell report today on the Nebraska auditors report on Lancaster county misappropriation? We might be as bad as Minnesota and we have people like you defending it.
Seems the issues you mentioned have more to so with the political Party that runs your State.
Iowa has many of the same problems for the last decade with Republicans in control here too.
Fortunately, for us at least, we're taking out the trash this November.
Nebraska voters could do the same.
But will they?
In reality, I'm speaking at such a high level that you're just flustered.
I'd dumb it down for you, but f.uck it, you're not worth the effort.
Don't take this personal, but you're an idiot.
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Fully agree with your logic. Society has changed. The jobs and the educational facilities are in the cities and that will not change. We are no longer and agricultural society. Those small towns are dying sadly. I come from one that hds about 1200 residents in the late 1960's and now has less than 800 people.
Interesting I was not aware of that. In Texas farm land has huge exemptions so very wealthy folks that go and buy land for a weekend home put a few head of cattle or horses out there and get an ag exemption which lowers their taxes.
They pay the lions share because they own the land. How else would it work? It's all proportional. A person that owns 20 houses valued at half a million would pay more than a farmer with similar land values. Cities almost across the board end up subsidizing rural areas. Rural areas are very inefficient in the grand scheme of things. I say this as a rural resident.
And none of these billionaires are paying the 30-40% they are complaining about now. I tell you one thing. People from that era actually feared the IRS because they didn’t have politicians telling you that the IRS was your enemy. I remember every year my grandpa always made sure to file his taxes on time and correctly. I asked him why he made such a big deal out of it. He said “That’s how they got Al Capone”. After all the stuff Capone got away with, it was the IRS that got him. That was in a lot of people’s minds in the 50’s. So I’m sure a lot of ultra rich didn’t pay the full 91%. But in general, income taxes on the wealthy were much higher and they actually paid more. So instead of arguing about the semantics of exactly 91%, can we agree that the rate paid in the 50’s was likely much higher than what is paid now, or do you just want to argue so you don’t have to acknowledge that?
Actually
Lower income going back even to 1950 has been between 27 and 30%
Population and Class Breakdown-today
- Middle Class: 51% of the U.S. population lives in middle-income households (earning roughly two-thirds to double the median national income), down from 61% in 1971. Definitions vary, but absolute measures show core middle-income and upper-middle-class groups expanding or shifting as wages grow. [1, 2]
- The Rich / Upper Class: 19% of Americans live in upper-income households, with the top 1% representing the ultra-wealthy tier of earners. [1, 2]
- Lower Class / Lower Income: 30% of the population lives in lower-income households. [1]
- Population and Class Breakdown (2000)
Historical data tracked by the Pew Research Centerdefines the demographics at the turn of the millennium as:- Middle Class: 55% of the U.S. population lived in middle-income households (compared to 61% in 1970 and ~51% today).
- The Rich / Upper Class: 17% lived in upper-income households (compared to 14% in 1980 and ~19% today).
- Lower Class / Lower Income: 28% lived in lower-income households (compared to 27% in 1970 and ~30% today). [1]
The largest shift in the Upper Class size came as a result of growth of investment in the stock market since 2000. This moved upper middle class to upper class. And concentrating more overall wealth into the upper class.
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The problem is you are focusing on one single tax, income tax. There was a time in the history of this country when the single tax was tariffs. I have been in meetings where school leaders were trying to discover a new way to claim some revenue from citizens. Its not like the federal and state governments haven't invented new and impressive ways to depart us from our earnings. We have a $40 trillion deficit, a $7 trillion budget and $5 trillion in revenues. The single answer now seems to be just tax the rich, they can afford it, They probably can, but does that truly solve the problem or simply put a band aid on it? Anyone who believes this can continue at this rate is fooling themselves.
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