Just to point out how misunderstood our real estate taxes are. Much of the property tax collected is designated to support schools. Even if a land owner does not have children of school age. This was designed by our forefathers when our education system was originated to allow free mandatory schooling for ALL children - regardless of their parents' income or ability to pay. This is a system that we all support, and we SHOULD support it.
My gripe is when they spend money wastefully to build Taj Mahal school buildings to replace perfectly good and serviceable buildings already in existence.
One sad fact about property taxes is that when you improve a property, you increase its value. That results in higher assessment which leads to a higher tax. NOBODY but the land owner benefits from the improvements. Therefore, it IS just to raise your assessment and taxes. It is unjust to expect to be rewarded for fixing up your own property.
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Today's Featured Article - Restoration Story: 1951 Farmall H - by The Red (John Fritz). I have been a collector of Farmall tractors since 1990 when I first obtained part of the family farm in Eastern Indiana. My current collection includes a 1938 F20, 1945 H, 1946 H, and the recently purchased 1951 H. This article will focus on what I encountered and what I did to bring the 1951 NEAR DEATH Farmall H back to life.
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