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For the 1st time in my life I get a break on my taxes on my home in TX. Because I am a 100% disabled vet and over 65 I pay 0 for our home. I get FREE license plates on one vehicle also. Otherwise, our taxes on our home would be about 2.8% of the value of the house. 550K so it would be about 15.5K then there is also a MUD tax. Municipal Utitility District to pay for roads and sewers (the developer skates on that) so that is about $1300 per year for an indefinite amount of time. Sales tax is about 9% roughly. No income tax but we are retired.
When we lived in MN, from birthdate in 1946 to 2005, the taxes on our home went up $500 a year on top of the $4800 we were paying on a like valued home (about 550K). This was a BOND for schools The school portion was about 3600 out of the 4800. The bond was for 10 years! At the end of THREE years, they came back with their hands out again as they spent all 10 years worth (in advance, righto!!!). Of course, all the people with kids voted for it. So our taxes went up about another $500 a year. I've had ONE kid in my lifetime and I've paid for his schooling for about 74 years (well 74 minus the first 18 of my life, call it 56 years). He still doesn't know $hit too !! Good schools or skrewells as Rush used to call them.ds MN also had a sales tax between 8-9 percent, and income tax, and about a $600 dollar license plate tax on a new 2004 expedition in 2004. All the years that I worked, I just figured that my take home pay was about 65% of the "before tax" amount. Sales tax and other "usage taxes" on top of that.
Count your blessings.
In Sweden in 03, wifes cousins were paying a Federal 35% VAT (value added tax), a Provincial (like state) 25% VAT and city 14-18% VAT. So that is 74 to 78 percent tax. A bottle of NEAR beer over there was like 3 Euros (in 03 it was 1.33 dollar to 1 Euro). That was for a 12 oz bottle of beer (a little less, 350ML or something).
A good beer, like an Orval at about 7-8% alcohol was like 10 Euro's. for an 11 OZ bottle.!!
When we lived in MN, from birthdate in 1946 to 2005, the taxes on our home went up $500 a year on top of the $4800 we were paying on a like valued home (about 550K). This was a BOND for schools The school portion was about 3600 out of the 4800. The bond was for 10 years! At the end of THREE years, they came back with their hands out again as they spent all 10 years worth (in advance, righto!!!). Of course, all the people with kids voted for it. So our taxes went up about another $500 a year. I've had ONE kid in my lifetime and I've paid for his schooling for about 74 years (well 74 minus the first 18 of my life, call it 56 years). He still doesn't know $hit too !! Good schools or skrewells as Rush used to call them.ds MN also had a sales tax between 8-9 percent, and income tax, and about a $600 dollar license plate tax on a new 2004 expedition in 2004. All the years that I worked, I just figured that my take home pay was about 65% of the "before tax" amount. Sales tax and other "usage taxes" on top of that.
Count your blessings.
In Sweden in 03, wifes cousins were paying a Federal 35% VAT (value added tax), a Provincial (like state) 25% VAT and city 14-18% VAT. So that is 74 to 78 percent tax. A bottle of NEAR beer over there was like 3 Euros (in 03 it was 1.33 dollar to 1 Euro). That was for a 12 oz bottle of beer (a little less, 350ML or something).
A good beer, like an Orval at about 7-8% alcohol was like 10 Euro's. for an 11 OZ bottle.!!
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