Quote:
Originally Posted by F-U-Jimmy
I used to think i had it bad when i lived in London, but believe me its worse here in California. For example i had a 7 bedroom house in Wimbledon and paid at the time £600 a year housing tax ($1200 at todays exchange rates)
My home in San Diego which i call a 4 bedroom shed as its just wood and stucco cost me £5,000.00 ( $10,000.00 ) a year property tax. Then there's State and Federal tax, Business tax ( $800 minimum even if you dont make a profit ) Business and home improvement tax ( an example would be if you re modeled you home and spent $500,000.00 the tax would be 2% extra every year therafter. I could go on and on but the UK looks mighty appealing right now what with the £ to $ exchange rates....  |
I have to admit that I wasn't aware anywhere in the US was that pricey compared to the UK - I always had plans of exploiting the exchange rate later on in life, going to the US and living like a king in the US from a pauper's amount in the UK.
The "home improvement tax" seems stupid - surely the government would prefer people to bring their shit-tips up to scratch, so that said shit-tips increase in value, thus encouraging house purchases in formerly shitty areas, and overall boosting the economy; taxing people who want to improve their homes seems to be equivalent to knocking people in education on the head with a lump hammer.