Politics

Yes, there are some fees but we still are a whole lot better off than most states. I’ve got family scattered around the country and it’s robbery what they pay in taxes. Property tax valuations still are way behind the true market values but I know that only matters if you sell out.
You bring up a great point about property valuations!

The elderly population in Oklahoma is screaming….
“No property taxes for social security recipients!”

The vast majority of these people haven’t had their property values adjusted since they bought/built in the 80’s.

These people want to put the property tax burden solely on working people of child raising age; the loudest proponent of this is a 75yo woman that has been paying $1,100 a YEAR in property taxes for her 3,800sqft home on 100 acres of lakefront property.
 
Yes, there are some fees but we still are a whole lot better off than most states. I’ve got family scattered around the country and it’s robbery what they pay in taxes. Property tax valuations still are way behind the true market values but I know that only matters if you sell out.
Kind of but no. Property valuations by county assessors are nothing more than an arbitrary number (an index if you will) for purpose of calculating taxes relative to other properties in the taxed jurisdiction. Tax Assessor valuations are not at all the same thing as market value for selling or buying purposes in the market nor for valuations for insurance purposes. A property value appraisal by an appraiser is a market valuation, not to be confused with a tax assessor’s valuation.

Example: if tax assessor places a value on my property with an arbitrary number of 200,000 it only means my property is similarly valued, for tax purposes, to other comparably valued/ assessed properties in my area. Then the taxing authority will multiply all similar properties by a number indicated by a levy multiplier. For this example the multiplier might be .01 for a tax of 2,000 on the 200,000 assessed value. If the levy can’t be increased via ballot vote, the county comm reps, wanting more money for whatever purpose, simply walk over to the assessors’s office and have the assessor increase the assessed values to satisfy the counties desire for more money. All the assessor has to do is change his/hers arbitrary comp properties’ values used for reassessment of any property, to increase the taxation on the subject properties. Then simply value all comps in the area to 300,000, thus the taxation to 3,000. All without having to go through a ballot vote for a mill levy increase and the levy multiplier stays at .01. This also gives them political cover so they can claim they didn’t increase the levy multiplier. A classic CYA ploy.

Politicians and bureaucrats, with power, develop insatiable appetites for more and more money. They will find a way and the hunger will be satisfied. And it does not matter if they run under a D or R banner. Many do do simply to get elected then become Uparty once in office.
 
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Kind of but no. Property valuations by county assessors are nothing more than an arbitrary number (an index if you will) for purpose of calculating taxes relative to other properties in the taxed jurisdiction. Tax Assessor valuations are not at all the same thing as market value for selling or buying purposes in the market nor for valuations for insurance purposes. A property value appraisal by an appraiser is a market valuation, not to be confused with a tax assessor’s valuation.

Example: if tax assessor places a value on my property with an arbitrary number of 200,000 it only means my property is similarly valued, for tax purposes, to other comparably valued/ assessed properties in my area. Then the taxing authority will multiply all similar properties by a number indicated by a levy multiplier. For this example the multiplier might be .01 for a tax of 2,000 on the 200,000 assessed value. If the levy can’t be increased via ballot vote, the county comm reps, wanting more money for whatever purpose, simply walk over to the assessors’s office and have the assessor increase the assessed values to satisfy the counties desire for more money. All the assessor has to do is change his/hers arbitrary comp properties’ values used for reassessment of any property, to increase the taxation on the subject properties. Then simply value all comps in the area to 300,000, thus the taxation to 3,000. All without having to go through a ballot vote for a mill levy increase and the levy multiplier stays at .01. This also gives them political cover so they can claim they didn’t increase the levy multiplier. A classic CYA ploy.

Politicians and bureaucrats, with power, develop insatiable appetites for more and more money. They will find a way and the hunger will be satisfied. And it does not matter if they run under a D or R banner. Many do do simply to get elected then become Uparty once in office.
You’re making my point that they are two different things.

If you think Colorado property taxes are high compared to most other states, you’re mistaken.
 
One of these short clips I love so much that speak volumes. This is the seminary schooled James Talarico running for senate in Texas. In a normal cycle, he would lose by twenty points. But this year, should a nasty runoff occur between John Cornyn and the odious and not easily excretable Ken Paxton, a lot of the republican turnout could be self-suppressed by November.

 
I have heard that vehicle registration fees and such in Colorado are rather high?
I really don’t know what other states charge. Colorado has tacked on more fees. The first couple years are fairly high here and then drops off. I just bought a truck last month so I’m about to find out. My 2017 F350 became quite reasonable the last few years. I don’t buy new vehicles very often but I’m glad our property taxes and income tax are low. My sons in Upstate New York and Texas are getting dinged by property tax. New York income tax also high.
 
The reason they raise prices immediately is due to what economists call “replacement cost “ (IIRC). The gas station owner or company has to think about what the cost is going to be for the next tanker truck delivery.

Regular gasoline prices have gone from about $2.25 to $3 per gallon in my area in recent days.
what area is that.
 
I’m guessing Paxton wins the runoff fairly easily. He will pickup the majority of Wesley Hunt’s voters

My $.02.

Of course, I’m just a huggable, lovable shoeshine boy. :cool:
 
Re: FIFO or LILO or FILO or LIFO ( @375 Ruger Fan , not my acronyms ;) ) or any combination including futures speculation and manipulation, ala Soros, seems like the retail is set to maximize the length of any increase, no matter the reason. In effect, maximizing profits and maximizing negative effects on bottom up economy. Sorry, like @Brent in Az, I’m not all in on buying the benevolent nature of fuel companies.
 
On the Iran war, 2 things bother me. 1, I’m certain China is closely studying our capabilities and tactics as a real-life beta test for their advantage for any future plans they have in the Western Pacific. 2, I’m leery of the resolve of the 90 mil Iranians who supposedly want a better gov. Sheer numbers can swarm and defeat the armed “fusiliers for allah republican guard” or whatever their chosen acronym is. It will be bloody but required if they really want their country back.
 
These people want to put the property tax burden solely on working people of child raising age; the loudest proponent of this is a 75yo woman that has been paying $1,100 a YEAR in property taxes for her 3,800sqft home on 100 acres of lakefront property.
In CA they passed Prop. 13, so she would not have to sell her land etc. to pay property taxes. I have been on the other side of this where the government rezoned farmland as residential property, jacked property taxes, and then took 35% of it via imminent domain to build roads etc.. However, the compensation was based on prior valuation as farmland!!!

So, I am on that lady's side.
 
Public transit light rail and subway systems throughout the U.S. don’t come close to covering the operating costs so require subsidies from the federal, state and local governments. I used to ride the light rail for free as long as I was in uniform and throw the occasional bum off or quell disturbances.
In CA they passed Prop. 13, so she would not have to sell her land etc. to pay property taxes. I have been on the other side of this where the government rezoned farmland as residential property, jacked property taxes, and then took 35% of it via imminent domain to build roads etc.. However, the compensation was based on prior valuation as farmland!!!

So, I am on that lady's side.
When you see a State bragging about all the "free" stuff, you will have a very high tax state. Someone has to pay for all the "free" stuff others enjoy. Why is gas $4.50 a gallon in California and $2.10 in Texas? The difference is taxes.
 
In CA they passed Prop. 13, so she would not have to sell her land etc. to pay property taxes. I have been on the other side of this where the government rezoned farmland as residential property, jacked property taxes, and then took 35% of it via imminent domain to build roads etc.. However, the compensation was based on prior valuation as farmland!!!

So, I am on that lady's side.
No one is taking her land by any reason, it's simply the perpetual victim mentality of the local elderly; I sincerely wish you could meet this woman she is the embodiment of "rules for the, but not me".

Personally I'm weighing if I want to wait the decade it's going to take for her ilk to begin to die off and things improve or sell out and buy elsewhere; that may seem harsh but I can honestly say there is a greed/entitlement of the current geriatric population of Oklahoma (mostly old school Democrats) like nothing I have ever experienced.

The WWII generation wasn't like that - Cheap yes, but they genuinely cared about the future of younger generations; the elderly I deal with now........

Would feed their neighbors children feet first into a wood chipper if it would negate their property taxes!
 
Hmm.. oil is Iran´s preferred weapon and the american fuel pumps is part of the battleground..

A bit of a gamble for Trump this..
Maybe, but it only affects 7% of OUR imports....
 
No one is taking her land by any reason, it's simply the perpetual victim mentality of the local elderly; I sincerely wish you could meet this woman she is the embodiment of "rules for the, but not me".
Regardless of her personality, I am going to assume that she is on a fixed income. So, in that scenario she is land rich and cash poor and would have to sell some of her property in order to pay the higher taxes each year.

CA Prop 13, was specifically passed to eliminate that scenario. Democrats have been trying to get around it for a long while.

 

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