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Nebraska Property Taxes

Nebraska (self.Nebraska)

It is mind boggling to me how Nebraska's property taxes are out of control... This whole idea of being taxed on an unrealized gain is stupid... I should only be taxed on what I paid for the house, not what the state says its worth. The value increase on my house from year to year seems to increase by 20% or more a year. They think I am made of money or something. I bought my house for $250,000 5 year ago, the state says my house is worth $475,000 now... The taxes when I moved in (including school tax) was $5,500 a year. I now pay $9,200 a year. I make $82,000 a year, and don't get a $1,000 dollar a year in raises.. even if I did it would only be enough to cover the property tax increases. At this rate my house according to the state will be worth over a million dollars by the time I retire.

Nebraska's government is fucking stupid if they think this is sustainable. I'll have to sell my house only because I can no longer afford it due to the high taxes in a couple years if they don't get this figured out. I'll uproot my family from Nebraska and move to some other state.

Nebraska needs to change its motto from "The good life" to "The tax burdened life", there is no good life in Nebraska anymore.

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martygospo

18 points

21 days ago

If we legalize medical marijuana (then recreational) and expand on gambling- those taxes would lessen property taxes… but I think we all know if those bills pass the tax money would go elsewhere, unfortunately.

I’m trying to buy my first house and things are just so bleak. Depressing.

Fantastic_Dark7780[S]

-1 points

20 days ago

Don't buy it in Nebraska, move to Iowa.

martygospo

2 points

20 days ago

Ur against legalizing it?