General Discussion
In reply to the discussion: What's the Matter with Washington State? [View all]PowerToThePeople
(9,610 posts)Can anyone who rents and does not pay the property tax directly know how much of their rent goes to taxes? NO
Does anyone keep all their purchase receipts to know how much sales tax they have paid all year? Some probably do, but most no.
My post was not a validation of the state's method for taxation. It was a statement that I am not about to allow another method of taxation to come to exist. Especially since I will likely not receive any relief from currently existing taxes in doing so.
If property taxes are dropped, my landlord will not drop the rent. He will pocket the difference. Housing monthly payments will not drop as housing prices will instantly jump to offset the tax. Currently owner would reap benefits. Future owners will just pay same monthly to the mortgage holder as mortgage + tax now.