Quote:
Originally Posted by scubajay1153
*******Correction added by ITD (in red italics)*******
Les,
Interesting info on the state of your property and values/taxes. Like you mentioned it seems to me that the high tax rates on people with situations like yourself, an owner of two homes, one worth $1,000,000+ , a position most people would love to be in, would almost be forcing people with small lake front homes/ cabins, etc. to seel off to people around them which in turn would make room for more McMansions along the sure as the rich gobble up the smaller plots and make them big ones. I found it amazing, the high amount of people who have homes up here that are only here enough time during a year to claim residency here to gain all of the "perks" but yet avoid alot of the negatives by not being FT residents. Much of Southdown SHores/Long Bay and GI seems to be vacant most of the year when we go the homes for fire alarm calls and such. Amazing that people have enough money to have $400,000 "summer place" in SDS and still maintain a home in MASS or COnn. Must be nice. :P As far as the Bill from Kennedy, sounds good to me, but my wife understands some of that stuff more then I.
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There Scubajay, I fixed it for you, just making sure the whole story is told.
Also, consider this, from what I found,
http://www.simplyhired.com/a/salary/...-Laconia%2C+NH
the average firefighter in Laconia makes $38,000 per year. With a $22,000 exemption that means you would be paying 3.5% on $16,000 or an extra $560 per year in taxes. Les is looking to lower the tax on his $1,000,000+ home by a wholesale, across the board, tax increase on you and every other wage earner in NH. Don't fall for it Scubajay, I'm not even taking into account your wife's salary, if she works, which will increase your extra payment even more. All of this because people like Les think it will lower their property tax bill, which will never happen. No one likes to hear a millionaire gripe about taxes, which is what Les is, a millionaire griping about taxes. I'm even willing to bet the part about eliminating the interest and dividend tax will help Les out even more, just guessing there.