Home Tax Guide

Throughout the nation and especially in the highest taxed states, lower property taxes are something many are wishing for.  The site, www.responsiblenewyork.com has been put together by Tom Golisano.  He asks an excellent question.  “My fellow New Yorkers, What would Upstate New York look like if every family had been able to save just 10 years of these unfair taxes?  Take action today.”

Golisano’s Responsible New York campaign compares property taxes from a variety of cities throughout the state showing the tax rates in relation to the market values of homes.  NYS has long been a very highly taxed state and continues to be so as many politicians raise them to confiscatory levels.

Galisano is Chairman of the Board of Paychex and a former candidate for Governor of New York.

If you are serious about lower property taxes it is important to understand some of the key steps involved.  Initially, getting a copy of your property tax card from the assessor is the best place to start.  Take some time and look this over and make sure it is accurate.  You may qualify for lower property taxes by locating a mistake or mistakes on your card.  For example, if your home has two bathrooms and the card lists three, that is an obvious error that can be corrected.  If you have a one car garage and the assessor’s card says it is a two car garage, that would also be in line for a correction.  As you find any of these errors, it may allow you an excellent way to lower property taxes, especially in the sub-prime climate we are in!

The following states have the highest property taxes as based on percentage of income.  You do not have to fall victim to this and learn how to have lower property taxes yourself.

1)  New Jersey

2)  New Hampshire

3)  Connecticut

4)  New York

5)  Rhode Island

6)  Massachusetts

7)  Illinois

8)  Vermont

9)  Wisconsin

10)  California

There are answers for those of you in these states, especially with what the sub-prime challenge has done to home values throughout the country.  For a very reasonable investment, you may be able to have lower property taxes for yourself and your family.

As a percentage of home value (as compared to a percentage of income), the following states have the highest property taxes:

1)  Wisconsin

2)  Texas

3)  Nebraska

4)  Vermont

5)  New Hampshire

6)  Massachusetts

7)  Illinois

8)  Vermont

9)  Wisconsin

10)  Connecticut

These states and many others have been shown to be some of the highest property tax states in the country.  What can you do about this situation?  Learn how you can appeal them and then present a proper method for legally getting them reduced.  If you live in any of these states, you owe it yourself to understand your ability to have lower property taxes.  It is a very doable process and you will need a little persistance and patience but, if you take the proper steps and use solid stategies, within a couple months you will be able to join many others who have lower property taxes.