I own a low budget welding and machine shop most of my equipment was my grandfathers or is homemade . Without anybody ever paying me a visit to see what I have the state wants me to pay tax on what they think I must have to be in business. Why did Chris Columbus come over here in the first place ?
Why should I pay property tax on things I inherit or build? How many times do we pay for something ?
Posted by admin on May 28th, 2011
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Each state that levies a personal property tax handles it differently. Some states require an annual declaration and will stick you with a penalty if you don’t file the declaration on time. From personal experience, MO is one such state.
Other states will use the most recent declaration available even if it’s decades old, only requiring a declaration to be filed if there are any changes. Your state appears to be one of those types. You should visit your tax assessor’s office and find out exactly what they are taxing you on and file an updated declaration if it’s incorrect. If you’re paying taxes on property long since disposed of, you have only yourself to blame for that.
Old Chris stumbled upon us completely by accident. He had no clue that "we" were here. I use "we" loosely since a majority of us are more closely related to him than the folks who were here first. But that’s another matter entirely.
And for some of the other responders:
The BT Party was due to taxation without representation, not a protest against taxes in general or any one particular tax. (And if The Crown had listened to the Colonials way back then, we’d probably still be paying in Pounds Sterling and singing God Save the Queen at Cricket matches and drinking warmish beer. And our taxes would be LOT higher than they are now!) We’ve got representation now so if you don’t like the status-quo, contact your elected representatives. If they don’t respond to your liking, start a grass-roots effort to either get them to listen or get them replaced with some who will. (This does work, witness last November’s General Election.)
Taxes were so low in the early days of the nation because costs were low. It cost about $10 per month to field a soldier and about $10 per year to outfit him with the latest and greatest weaponry of the day. (But as a function of gross pay, they were probably no less than what we have to pay today and may have even been worse.)