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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (62969)4/22/2010 8:37:22 AM
From: TobagoJack1 Recommendation  Read Replies (1) | Respond to of 218870
 
what would the property tax be per annum on 1m in no?

if city-data.com is spot on ...

"Property tax rate: 1.70% (residential property is assessed at 10% of fair market value with a $7,500 homestead exemption)"

... then 1700/yr comparable to hk, unless i misunderstood the calculation.

but ... "State income tax rate: Ranges from 2.0% to 6.0%

State sales tax rate: 8.75% (food sales exempt)

Local income tax rate: None

Local sales tax rate: Varies by parish ranging from 5.0% in Orleans Parish (City) to 4.75% in Jefferson Parish"
... seems less than fair, especially when the feds will also extract its unfair share of 20-25%.

one seems to be working for the government.

thailand seem a better comparable to emerging new orleans :0) and has benefit that one is free to violently overthrow the government