One concern is out of state buyers are already buying up homes and farmland. I think this no property tax only increases these purchases . So they get to mine the state, that money will leave and not pay for infrastructure. We will be left paying for all the current government programs and they will benefit without contributing. Having said that the prop tax must be eliminated and a way found that these investors contribute or state and local government needs a meat are to what they do.
With farm ground selling for 10k and up that is reason enough to sell. Alot of people talk of selling due to high taxes but not many do. With no property I would think that these prices get even crazier. As I posted below we need facts not theory. I know guys farming 1000 acres and they own 2-10 acres. What is happening is we are turning into share croppers and that does not make wealth. Owning property is wealth. Some how these out of state people and corps need to be throttled and pay for government. I'm all for getting rid of prop tax, these foreign and out of state owners wreak havoc on the markets. Take wind and solar, nearly all of these are put up by out of state corps. They put up their damaging eyesores and ruin neighbors property and life and they are no where to be found. They should build a house at what the set back is and live in it. Maybe a separation tax like oil states have if they do not live in the state. Something or places like Blackrock and con artists like Gates will own nearly everything.
Add a rider to the bill limiting total sales/ownership of Nebraska real estate by any one entity. We need to do this anyway, because of Bill Gates and the Mormon church gobbling up Nebraska farmland.
Their has to be a solution but I wonder what the Constitutionality of such a limit is. Its too late to add that to the petition. We need facts from both sides, not theory, BS or feelings. I've been saying for decades we are renters, and that should not be. Tiemann pushed us from the frying pan to the fire in 1967 and the legislature has been "fixing" this since. Their are solutions but their are too many government grifters and too many people that worship government and grifters like the teachers union.
Oh, I'm sure we can square it with the Constitution. They are NON-residents of our state. We don't have to let them own large swaths of our state while not living here--and never having lived here-- the way absentee landlords like to do.
Maybe go back and look at the Homestead Act and see if there were any limitations written into it that would help with this?
I forgot to mention China too. China has also been buying up large swaths of real estate, especially next to military bases. So--you see: this is also a national security issue.
One concern is out of state buyers are already buying up homes and farmland. I think this no property tax only increases these purchases . So they get to mine the state, that money will leave and not pay for infrastructure. We will be left paying for all the current government programs and they will benefit without contributing. Having said that the prop tax must be eliminated and a way found that these investors contribute or state and local government needs a meat are to what they do.
This won't be necessary. Without the property tax, owners have far less incentive to sell their property.
With farm ground selling for 10k and up that is reason enough to sell. Alot of people talk of selling due to high taxes but not many do. With no property I would think that these prices get even crazier. As I posted below we need facts not theory. I know guys farming 1000 acres and they own 2-10 acres. What is happening is we are turning into share croppers and that does not make wealth. Owning property is wealth. Some how these out of state people and corps need to be throttled and pay for government. I'm all for getting rid of prop tax, these foreign and out of state owners wreak havoc on the markets. Take wind and solar, nearly all of these are put up by out of state corps. They put up their damaging eyesores and ruin neighbors property and life and they are no where to be found. They should build a house at what the set back is and live in it. Maybe a separation tax like oil states have if they do not live in the state. Something or places like Blackrock and con artists like Gates will own nearly everything.
Add a rider to the bill limiting total sales/ownership of Nebraska real estate by any one entity. We need to do this anyway, because of Bill Gates and the Mormon church gobbling up Nebraska farmland.
Their has to be a solution but I wonder what the Constitutionality of such a limit is. Its too late to add that to the petition. We need facts from both sides, not theory, BS or feelings. I've been saying for decades we are renters, and that should not be. Tiemann pushed us from the frying pan to the fire in 1967 and the legislature has been "fixing" this since. Their are solutions but their are too many government grifters and too many people that worship government and grifters like the teachers union.
Oh, I'm sure we can square it with the Constitution. They are NON-residents of our state. We don't have to let them own large swaths of our state while not living here--and never having lived here-- the way absentee landlords like to do.
Maybe go back and look at the Homestead Act and see if there were any limitations written into it that would help with this?
I forgot to mention China too. China has also been buying up large swaths of real estate, especially next to military bases. So--you see: this is also a national security issue.