Why Do We Have to Pay for Taxes?

By Maria Valenzuela


Property taxes, or any other tax, actually help pay for most community services. You may not like paying for it but it is actually an important source of revenue to counties, cities, or state governments.

Since, property taxes are so important to every state government, each taxing authority, whether local or state, strives to update its county property appraisal ratios based on current market values in order to maintain tax equalization on residential and commercial property located within their taxing jurisdictions. Moreover, property taxes that are levied vary from county government to county government. Accordingly, most county governments are dependent of county property taxes for their income.

More often than not, we feel forced to pay property taxes for Murfreesboro homes. Most of us don't feel the need to pay for property taxes because, however, it is our responsibility to do so because in return we still receive a lot of benefits through different community services as citizens of a particular community

Ad valorem taxes vary from county to county because they serve a special purpose - improve and develop important public facilities and infrastructure such as sewers, fire stations, hospitals, parks, roads and bridges, schools, and libraries.

Every citizen and homeowner receive benefits from the taxes they pay even though there may be variations in the services that property taxes provide.

Here are just of the services your government provides in exchange for the property tax you pay - Maintenance of streets, traffic control, sidewalks and curbs; Snow removal; Wireless telephone; Emergency family assistance and housing funds; Police protection and emergency response; Fire protection and emergency response; Storm water runoff; 911 Emergency service; Access to low-cost mental health services; Parks and recreational facilities; Activity programs for senior citizens; Central and neighborhood libraries; Waste water treatment; and a whole lot more.

You might not be fully aware that they are funded by property taxes. Thus, pay your property taxes faithfully. Non-payment would mean penalties. So, learn more about property taxes so you are aware of where it is used for as well as the benefits you'll be enjoying from faithfully paying for it.




About the Author:



blogger templates 3 columns | Blogger Templates