Just like those people who Oprah Winfrey gave cars to. The "shirt-and-tie" brigade did not hesitate in demanding taxes from those people,

Did not read tfa, so this may be poor money management, but the property tax has to be the most immoral tax in existance, and it needs to get gone. The fact that you can own your house and land free and clear but the government can take it from you if you don't pay them whatever amount they decide is appropriate given the value they assign it, is insane.

sno man: I wonder how common this type of result is with that show.
Give a man a fish v. teach him how and all.

Build a man a fire and he will be warm for a night.


Set a man on fire and he will be warm for the rest of his life.

Princepapa: Did not read tfa, so this may be poor money management, but the property tax has to be the most immoral tax in existance, and it needs to get gone. The fact that you can own your house and land free and clear but the government can take it from you if you don't pay them whatever amount they decide is appropriate given the value they assign it, is insane.

I agree but then again an interval tax is an incentive to use the property rather than letting it sit empty as an investment owner would do. So, what to do.

They didn't plan to fail. They failed to plan. Financially.

Can't afford 4000 in taxes on a million dollar home? farking losers. Is this place in the ghetto?

Wow the superficial american solution seems to have a bit of a snag in it.

Who'd a thunk

Princepapa: Did not read tfa, so this may be poor money management, but the property tax has to be the most immoral tax in existance, and it needs to get gone. The fact that you can own your house and land free and clear but the government can take it from you if you don't pay them whatever amount they decide is appropriate given the value they assign it, is insane.

Property taxes are used to fund schools, fire and police departments, public works, etc. that directly benefit those who own the property. What is your alternative solution?

DasCoop: Power bill rose to 1200 in the summer ('cause they couldn't turn the AC up to 82 and wear shorts and a t-shirt) and the property tax was 4000 a year(c'mon, really? )... don't blame the show these morons took out a 450,000 morgage on a house they owned free and clear that they obviously could not afford to pay. Blame the people for being idiots, and the mortgage company for predatory lending practices. If you can't pay your electric bill, you obviously can't pay a 450,000 mortage and will make bad financial choices with that cash.

82? Don't bother putting the farking thing on then

The 10 most scary words in the english language.

I'm from the private sector and I'm here to help

.....................whoops.

Princepapa: Did not read tfa, so this may be poor money management, but the property tax has to be the most immoral tax in existance, and it needs to get gone. The fact that you can own your house and land free and clear but the government can take it from you if you don't pay them whatever amount they decide is appropriate given the value they assign it, is insane.

Yeah, damn Fartbama for coming up with the property tax!

Je5tEr: Property taxes are used to fund schools, fire and police departments, public works, etc. that directly benefit those who own the property. What is your alternative solution?

All taxes should be on income (all forms of income not just wages paid to employees ) .

Ownership is not an indicator of ability to pay. Income is.

Je5tEr: Princepapa: Did not read tfa, so this may be poor money management, but the property tax has to be the most immoral tax in existance, and it needs to get gone. The fact that you can own your house and land free and clear but the government can take it from you if you don't pay them whatever amount they decide is appropriate given the value they assign it, is insane.

Property taxes are used to fund schools, fire and police departments, public works, etc. that directly benefit those who own the property. What is your alternative solution?

I don't have kids, nor do I plan on ever having them, I could give a shiat less about funding schools. I also really don't care about funding the police since the ones around here get more than enough revenue from tickets.

Nothing to do with the show, these people are idiots. If you cannot afford the approximately $1500 a month in taxes and utilities, the solution is not to get a $400K loan. Sell the farking thing for below market - you got it free - and buy something smaller, using the extra to, oh I dunno, buy the luxuries like food and electricity.

" Strappedfarking greedy and believing house prices would never fall, the couple used the house as collateral for a $405,000 loan in 2006, but payments on the adjustable-rate mortgage soon became unmanageable."
FTFY

The same phenomenon happens with all kinds of lottery winners. I'm not sure why anyone is surprised. These people were not equipped to make financial decisions before their windfall, so why should we expect them to be any smarter afterward? People tend to settle where they belong.

Bob16: The 10 most scary words in the english language.

I'm from the private sector and I'm here to help

The private sector isn't the one that said "biatch where's my money or GTFO"

Trance750: sno man: I wonder how common this type of result is with that show.
Give a man a fish v. teach him how and all.

Give a man fish, and he eats for a day

Teach a man to fish and he eats for a lifetime

Train a man how to teach his neighbors to fish, and you have a self-sufficent soceity

Teach a man to fish, and he sets up shop and fleeces his neighbors for the life savings in order to eat. Then he will claim that anyone else could have done it if he could do it. Also, stop complaining.

This family is hardly a model of fiscal responsibility, but why did the show feel it necessary to build them a 5,000 square foot home? I think adding a room or two (space and zoning permitting) to their current home would have been a better way to go.

TwistedIvory: Bob16: All taxes should be on income (all forms of income not just wages paid to employees ) .

Ownership is not an indicator of ability to pay. Income is.

So wouldn't that just encourage people to buy a sh*t ton of material goods (property, for instance) and hang on to it until they could make a killing and then sell it without having paid any taxes?

Oh yeah thats a real problem. What ever will we do.

Princepapa: Did not read tfa, so this may be poor money management, but the property tax has to be the most immoral tax in existance, and it needs to get gone. The fact that you can own your house and land free and clear but the government can take it from you if you don't pay them whatever amount they decide is appropriate given the value they assign it, is insane.

Oh look, it's THIS asinine argument again.

One Bad Apple: Bob16: The 10 most scary words in the english language.

I'm from the private sector and I'm here to help

The private sector isn't the one that said "biatch where's my money or GTFO"

BWAHAHAHAHAHA

Yeah that never happens in the private sector. Good call Einstein.

hbk72777: DasCoop: Power bill rose to 1200 in the summer ('cause they couldn't turn the AC up to 82 and wear shorts and a t-shirt) and the property tax was 4000 a year(c'mon, really? )... don't blame the show these morons took out a 450,000 morgage on a house they owned free and clear that they obviously could not afford to pay. Blame the people for being idiots, and the mortgage company for predatory lending practices. If you can't pay your electric bill, you obviously can't pay a 450,000 mortage and will make bad financial choices with that cash. 82? Don't bother putting the farking thing on then
=============================================================

I usually keep it at 76 during the summer and that's bad enough. 82? I'd become a certified nudist if I had to do that.

Wife has a friend we visited in ~ 2005. They had just moved into a McMansion built on an unstable bluff with giant vaulted wasted space. The back yard started eroding in short order, the winter heating bill back then was over $800/mo (and it was as cold as fark when we visited).
Now in 2012, she's recovering from cancer, he's currently out of work, yet they hold on to that pile of sticks and bricks like life depended on it. It's not a material comfort if there is little comfort.

/smallish house, but large flat yard
//reasonable tax burden and utilities
///not smug... but nice and warm with winter utility bill

Nogale: This family is hardly a model of fiscal responsibility, but why did the show feel it necessary to build them a 5,000 square foot home? I think adding a room or two (space and zoning permitting) to their current home would have been a better way to go.

Then it would not be extreme and not TV viewers would not watch.

Nogale: This family is hardly a model of fiscal responsibility, but why did the show feel it necessary to build them a 5,000 square foot home? I think adding a room or two (space and zoning permitting) to their current home would have been a better way to go.

Wouldn't make for much of a show if they just added a room and a half bath. Welcome to the United States of Style Over Substance.

Don't like property taxes? Move to TN and opt out, then watch your house burn down without fire protection.

EMHE is a stupid show.

DasCoop: Power bill rose to 1200 in the summer ('cause they couldn't turn the AC up to 82 and wear shorts and a t-shirt) and the property tax was 4000 a year(c'mon, really? )... don't blame the show these morons took out a 450,000 morgage on a house they owned free and clear that they obviously could not afford to pay. Blame the people for being idiots, and the mortgage company for predatory lending practices. If you can't pay your electric bill, you obviously can't pay a 450,000 mortage and will make bad financial choices with that cash.

BUT I WANT IT!!! That trumps reality, right?

DasCoop: hbk72777: DasCoop: Power bill rose to 1200 in the summer ('cause they couldn't turn the AC up to 82 and wear shorts and a t-shirt) and the property tax was 4000 a year(c'mon, really? )... don't blame the show these morons took out a 450,000 morgage on a house they owned free and clear that they obviously could not afford to pay. Blame the people for being idiots, and the mortgage company for predatory lending practices. If you can't pay your electric bill, you obviously can't pay a 450,000 mortage and will make bad financial choices with that cash.

82? Don't bother putting the farking thing on then

Guess you never lived in Arizona....

Maybe it's different in Arizona, but here in humid land, I'd have to surround my bed with box fans to fall asleep at 82 and not look like I've wet the bed with all the sweat I'd be letting loose.

/never paid more than 60 bucks a month for electric on my 750 sq ft apartment
//in the spring and fall well under 50

Roughing The Snapper: The same phenomenon happens with all kinds of lottery winners. I'm not sure why anyone is surprised. These people were not equipped to make financial decisions before their windfall, so why should we expect them to be any smarter afterward? People tend to settle where they belong.

Well you've definitely settled into one of the lowest of the low spots (repeating lame right wing Hate Radio talking points ) so in your case you're correct.

Je5tEr: Princepapa: Did not read tfa, so this may be poor money management, but the property tax has to be the most immoral tax in existance, and it needs to get gone. The fact that you can own your house and land free and clear but the government can take it from you if you don't pay them whatever amount they decide is appropriate given the value they assign it, is insane.

Property taxes are used to fund schools, fire and police departments, public works, etc. that directly benefit those who own the property. What is your alternative solution?

Herp derp.

Bob16:

BWAHAHAHAHAHA

Yeah that never happens in the private sector. Good call Einstein.


Why you gotta' bring teh joos into everything ?

Princepapa: Did not read tfa, so this may be poor money management, but the property tax has to be the most immoral tax in existance, and it needs to get gone. The fact that you can own your house and land free and clear but the government can take it from you if you don't pay them whatever amount they decide is appropriate given the value they assign it, is insane.

Despite the fact that we use the word "own" wrt land, it is actually a misnomer,. You do not own land in the same way you own a pencil. The government has allodial title to the land, meaning it outright owns the land the same way you own a pencil. It then grants you fee simple title, which is what we mean when we say we "own" land, but is effectively a indefinite-term, transferable renting of the land. When you sell or buy land, you are transferring the fee simple title to the land, not actually transferring ownership of the land itself (which you can't, since you don't pencil-own the land). Property taxes are basically use fees or rents owed to the actual owner, i.e. the government. This is also why governments can claim eminent domain - because all they are doing is revoking your renting of their land. It is also why they can impose restrictions on what you can do on a piece of land with zoning laws and so forth - their land, their rules. What is amazing is the level of non-interference of the allodial owner; you get to treat the government's land as if it was yours in pencil-terms in the vast majority of ways - which is part of the problem, I suppose, since the lax landlord syndrome results in people thinking they pencil-own land.

Girion47:
I don't have kids, nor do I plan on ever having them, I could give a shiat less about funding schools. I also really don't care about funding the police since the ones around here get more than enough revenue from tickets.

Because the one thing you want around you are tens of thousands of people who are illiterate, have no education, no job prospects, no support and hungry while looking at you with lots of money. You know they tried that in France already. The fact you haven't been murdered by roving gangs and your stuff stolen is also prove that the law enforcement are doing their job. Really I would think you are getting way more out of society than you will ever put into it with property taxes. The fact you are not dead outside a cave from Grug who hit you with a club to steal your flint knife is prove of that.

Girion47: Je5tEr: Princepapa: Did not read tfa, so this may be poor money management, but the property tax has to be the most immoral tax in existance, and it needs to get gone. The fact that you can own your house and land free and clear but the government can take it from you if you don't pay them whatever amount they decide is appropriate given the value they assign it, is insane.

Property taxes are used to fund schools, fire and police departments, public works, etc. that directly benefit those who own the property. What is your alternative solution?

I don't have kids, nor do I plan on ever having them, I could give a shiat less about funding schools. I also really don't care about funding the police since the ones around here get more than enough revenue from tickets.

Um,you don't have kids, so you don't think kids in general deserve funding to they have a chance at a decent education? Please tell me you're a troll; you can't really be that short-sighted. Even if you don't have kids, children today will be in charge of the country in 20-30 years and their education, or lack there of, will most certainly effect you. And even if you're dead by then, hopefully the effect on society and the nation is enough to move you into caring about more than yourself,With people like you, no wonder the educational system in the United States is laughable when compared to most other first-world countries. We're already a nation that believes the Karadashians deserve multiple t.v shows. Personally, I'm terrified about how much further we can sink.

buttcat: Nogale: This family is hardly a model of fiscal responsibility, but why did the show feel it necessary to build them a 5,000 square foot home? I think adding a room or two (space and zoning permitting) to their current home would have been a better way to go.

Then it would not be extreme and not TV viewers would not watch.

I stopped watching that show a long time ago. There has always been something not quite right about it, and this is a good illustration of that.