Property Tax in Trinidad & Tobago

[88sins]

The state has absolutely no business being the entity to decide what citizens private property is worth, for the purpose of property taxes, because it's not a neutral party to the equation and stands to benefit the most from over inflated values.

Imagine, you renting out your, and I come to rent it, but I telling you that you HAVE to rent it to me, for the price I and I alone say it worth.
Now, imagine after you bought it, and amortized it's value over 10 years to be 12k/year, and I tell you that I only paying you $10/month.

But then again, i realize that the 2nr resident pnm lickbottomologists may not be able to comprehend this either

[The_Honourable]

PM Rowley not afraid to lose election over property tax

Prime Minister Dr Keith Rowley is endorsing the rollout of property tax even if it swings the next general election away from the PNM. The Prime Minister made the comment this evening during the debate on the Amendment of the Property Tax Act. The bill is expected to make changes to some parts of the Property Tax Act, including an assessment and the three per cent rate of residential taxation involved in the tax.

The Prime Minister maintained that the collection of the tax will revolutionize the delivery of services meted out to citizens, he stated, “We are not afraid of being voted out for doing the right thing for this country, and I make no bones about that because we believe that as we do the right thing for this country enough people will see we do the right thing and will make sure we stay that is where we differ, they believe they have to pander to every nonsense.”

Dr Rowley accused the opposition of not truly representing the views of all of its members.

The Prime Minister also quoted Couva/Tabaquite/Talparo Regional Corporation chairman, Ryan Rampersad, in a Guardian Newspaper article in which he said he was concerned about what the one per cent reduction in residential rates meant for corporations’ funding. However, in response, Oropouche East MP Dr Roodal Moonilal also chided Dr Rowley saying PNM councillors in the Chaguanas borough join UNC councillors in not supporting the tax. That claim from Dr Moonilal was later denied by Finance Minister Colm Imbert.

https://www.cnc3.co.tt/pm-rowley-not-af ... perty-tax/

[PariaMan]

I rather like the UNC's plan . Start with industrial plants and do residential last

Also, lower valued should pay none nit differed.

I understand the public servants begged imbert to do it like this but he insisted the residential must be first

These are the people who he truly represents, not the small man

[zoom rader]

PNM made a total mess of this.

It's really am Injun tax.

After all Habit have an HDC house via bobol and complains his tax is two low.

[88sins]

Good that he ain't afraid to lose the election over property tax.
Because they gonna lose, and property tax will not be the sole reason why they do

[shake d livin wake d dead]

PM Rowley not afraid to lose election over property tax

Prime Minister Dr Keith Rowley is endorsing the rollout of property tax even if it swings the next general election away from the PNM. The Prime Minister made the comment this evening during the debate on the Amendment of the Property Tax Act. The bill is expected to make changes to some parts of the Property Tax Act, including an assessment and the three per cent rate of residential taxation involved in the tax.

The Prime Minister maintained that the collection of the tax will revolutionize the delivery of services meted out to citizens, he stated, “We are not afraid of being voted out for doing the right thing for this country, and I make no bones about that because we believe that as we do the right thing for this country enough people will see we do the right thing and will make sure we stay that is where we differ, they believe they have to pander to every nonsense.”

Dr Rowley accused the opposition of not truly representing the views of all of its members.

The Prime Minister also quoted Couva/Tabaquite/Talparo Regional Corporation chairman, Ryan Rampersad, in a Guardian Newspaper article in which he said he was concerned about what the one per cent reduction in residential rates meant for corporations’ funding. However, in response, Oropouche East MP Dr Roodal Moonilal also chided Dr Rowley saying PNM councillors in the Chaguanas borough join UNC councillors in not supporting the tax. That claim from Dr Moonilal was later denied by Finance Minister Colm Imbert.

https://www.cnc3.co.tt/pm-rowley-not-af ... perty-tax/

I sure he would say this in public and people would clap

[Habit7]

I sure he would say this in public and people would clap

I think it would be more impressive if he says it in private and people would still clap.

Rowley said the same thing about Petrotrin, and the ppl voted him back https://tt.loopnews.com/index.php/conte ... trin-issue

Some of you all making yourself easy bait for Opposition politics. They are just putting themselves on the other side of tough decisions. But all fair minded ppl included most of the UNC technocrats know it is the best decision to make. I have shown the CTTRC chairman and PP budget 2014 agreeing with proterty tax. Plus there is Rushton Paray and others. They all know it would be beneficial for them and their local govt but the UNC deception is to be against property tax but in support of Land and Building tax with slight increases, potato/potato.

The UNC is enjoying the PNM making the tough decisions on property tax, Petrotrin, electric and water rates, Dragon Gas, Revenue Authority and everything else while putting up a front that it is wrong. Kinda like prior to 2010 they said Manning building a palace and if they win, their PM will never occupy it but open it up to the ppl.

[Dizzy28]

I sure he would say this in public and people would clap

I think it would be more impressive if he says it in private and people would still clap.

Rowley said the same thing about Petrotrin, and the ppl voted him back https://tt.loopnews.com/index.php/conte ... trin-issue

Some of you all making yourself easy bait for Opposition politics. They are just putting themselves on the other side of tough decisions. But all fair minded ppl included most of the UNC technocrats know it is the best decision to make. I have shown the CTTRC chairman and PP budget 2014 agreeing with proterty tax. Plus there is Rushton Paray and others. They all know it would be beneficial for them and their local govt but the UNC deception is to be against property tax but in support of Land and Building tax with slight increases, potato/potato.

The UNC is enjoying the PNM making the tough decisions on property tax, Petrotrin, electric and water rates, Dragon Gas, Revenue Authority and everything else while putting up a front that it is wrong. Kinda like prior to 2010 they said Manning building a palace and if they win, their PM will never occupy it but open it up to the ppl.

The MEEI and MoF under the PP had done all the work and justifications including new proposed fuel prices for Budget 2012 to begin implementing gas subsidies reduction i.e. raise liquid furl prices. In that year they raised Premium to $5.75 but left everything else untouched. IIRC they really didn't touch gas prices thereafter.

They really didn't want to make any hard decisions that involved cuts to anything.

[Chimera]

Good that he ain't afraid to lose the election over property tax.
Because they gonna lose, and property tax will not be the sole reason why they do

Trinidad so screwed Rowley mus be glad to give someone else to run it and try to fix it lol

[The_Honourable]

Property tax fiasco

[shake d livin wake d dead]

As we on property taxes

[wing]

As we on property taxes

A time share in Vegas? And?

[Dizzy28]

As we on property taxes

A time share in Vegas? And?

Just last week one of my former coworkers in what can be termed an officer level position in my old workplace was telling me she going Vegas at her time share soon. She pulled up floor plan to show me the room size and thing .

They are remarkably cheap even for Trinis who need to convert forex.

[bluefete]

As we on property taxes

A time share in Vegas? And?

Does he have to declare the house in California? His part ownership in the hospital in California? The island he owns off Miami?

Or am I taking basket?

[Habit7]

As we on property taxes

A time share in Vegas? And?

Does he have to declare the house in California? His part ownership in the hospital in California? The island he owns off Miami?

Or am I taking basket?

Well you did see it on the internet, therefore it must be true.

[bluefete]

As we on property taxes

A time share in Vegas? And?

Does he have to declare the house in California? His part ownership in the hospital in California? The island he owns off Miami?

Or am I taking basket?

Well you did see it on the internet, therefore it must be true.

The way everyone does lie, including your favourite politicians, it is hard to tell truth from lie. We are living in a matrix world.

When Rowley was in opposition, he was singing one song against HIS OWN GOVERNMENT about property tax.

Now that he is in office, he is all for it and running roughshod over people.

BTW - how much is your property tax going to be?

[pugboy]

time shares are cheap tho, they literally beg you to buy and make you sit thru long lectures with inducements
my sis sat thru one and got a free ipad for the 2 hrs sales pitch without buying in the time share

[MG Man]

time shares are cheap tho, they literally beg you to buy and make you sit thru long lectures with inducements
my sis sat thru one and got a free ipad for the 2 hrs sales pitch without buying in the time share

defuq
I got a juzzy and a half ah Mt Gay rum some years back in Barbados
And one time I got 2 nights stay in a time share in Orlando as part of the pitch

[bluefete]

For comparative purposes:

Property / Council Tax in the UK - Effective April, 1, 2024.

Council Tax
Council Tax is an annual UK property tax levied by local authorities in the UK to fund local services such as rubbish collection, libraries, and parks.

It is paid by all homeowners, regardless of their income or residency status.

When a property is leased, the responsibility for council tax payments falls on the tenants. You don’t owe council tax if you have temporarily left the property for renovation or refurbishment purposes.

Council tax rates can vary depending on the specific area and the value range of properties that share similar characteristics.

If you make a property purchase in Northern Ireland, you’ll find that the rates are quite personalized to individual circumstances.





https://www.dailymail.co.uk/news/articl ... s-hit.html

[bluefete]

Property tax based on market value of home!

Property Tax in the USA - 2024:

Key Takeaways

Property taxes are based on the assessed value of a home and vary depending on the tax rate and property value. If you own a high value property in a lower-tax state, you may still pay more than on a modest home in a higher-tax state.

The states with lowest property tax include Hawaii with the lowest property tax rate at 0.29%, followed by states like Alabama, Colorado, Nevada, and Louisiana.

New Jersey has the highest property tax rate at 2.47%, followed by Illinois, Connecticut, New Hampshire, and Vermont.

There are 14 counties with an estimated median property tax above $10,000 across California, New York, New Jersey and Virginia.

The states with the lowest property taxes are:


1. Hawaii

Average Effective Property Tax Rate: 0.29%

Annual Taxes On a Median-Priced Home: $1,915

2. Alabama

Average Effective Property Tax Rate: 0.43%

Annual Taxes On a Median-Priced Home: $742

3. Colorado

Average Effective Property Tax Rate: 0.52%

Annual Taxes On a Median-Priced Home: $2,125

4. Nevada

Average Effective Property Tax Rate: 0.55%

Annual Taxes On a Median-Priced Home: $1,793

5. Utah

Average Effective Property Tax Rate: 0.57%

Annual Taxes On a Median-Priced Home: $1,972



The top-5 states with the highest property taxes:


1. New Jersey

Average Effective Property Tax Rate: 2.46%

Annual Taxes On a Median-Priced Home: $8,928

2. Illinois

Average Effective Property Tax Rate: 2.29%

Annual Taxes On a Median-Priced Home: $5,213

3. Connecticut

Average Effective Property Tax Rate: 2.16%

Annual Taxes On a Median-Priced Home: $6,251

4. New Hampshire

Average Effective Property Tax Rate: 2.09%

Annual Taxes On a Median-Priced Home: $6,235

5. Texas

Average Effective Property Tax Rate: 1.90%

Annual Taxes On a Median-Priced Home: $4,399

Which states have no property taxes in 2024?

What about the states that have no property tax at all? If it sounds like a dream, that's because it is! There is no state in the U.S. that has no property taxes, largely because states actually need taxes to fund critical initiatives. Property taxes help fund vital services that all citizens need and have access to including schools, fire and police departments, water districts, and libraries.

U.S. States Ranked By 2024 Property Taxes

Ranked from lowest to highest, these are the average property tax rates in the U.S. in 2024:


Hawaii: 0.29%
Alabama: 0.43%
Colorado: 0.52%
Nevada: 0.55%
Utah: 0.57%
South Carolina: 0.58%
West Virginia: 0.59%
District of Colombia: 0.59%
Arizona: 0.60%
Wyoming: 0.61%
Delaware: 0.62%
Louisiana: 0.62%
Idaho: 0.63%
Tennessee: 0.65%
Arkansas: 0.66%
North Carolina: 0.80%
Mississippi: 0.81%
California: 0.81%
Virginia: 0.83%
Indiana: 0.83%
Montana: 0.83%
New Mexico: 0.84%
Kentucky: 0.89%
Florida: 0.89%
Oregon: 0.92%
Washington: 0.93%
Georgia: 0.95%
Oklahoma: 0.99%
Missouri: 1.00%
North Dakota: 1.02%
Maryland: 1.07%
Minnesota: 1.10%
Massachusetts: 1.19%
South Dakota: 1.24%
Alaska: 1.24%
Maine: 1.29%
Kansas: 1.40%
Michigan: 1.45%
Rhode Island: 1.54%
Pennsylvania: 1.56%
Ohio: 1.57%
Iowa: 1.59%
Nebraska: 1.70%
Wisconsin: 1.71%
New York: 1.73%
Vermont: 1.89%
Texas: 1.90%
New Hampshire: 2.09%
Connecticut: 2.16%
Illinois: 2.29%
New Jersey: 2.46%

https://belonghome.com/blog/property-taxes-by-state

[matr1x]

New Jersey???? Their roads are like ass

[adnj]

[quote="matr1x"]New Jersey???? Their roads are like ass[/quote]

NJ public schools rank #1 in the US.

[img]https://i.imgur.com/zVPmXsM.png[/img]

[matr1x]

Lol. Us public schools are a joke. That's where the LGBT agenda is being pushed hard.

[88sins]

I have a serious question.
Lewwe say, yuh can't pay, and for whatever jackass reason, you don't get a deferral, and after 5 years, they come to seize your possessions and find out all you have in the house is a ring stove and some bedding on the floor you does sleep on, so they proceed to evict you and seize your house.

This ratfacker Clown Intobagonianbottom have anywhere for you to go for shelter to claim as a permanent/temporary residence? Because you are now homeless because of them, thus you are now officially a vagrant, and last I checked iirc vagrancy was a crime here.
And who gets the charge when you become a vagrant? You? or the state that made you a vagrant?

[shake d livin wake d dead]

While allyuh looking at rates in the Americas and Europe...check the rates in the Caribbean one time

[wing]

https://www.globalcitizensolutions.com/caribbean-taxes/

Here's a few. I used a search engine called Google and searched for "property taxes in the Caribbean"
It seems that the other countries use the assessed property value as opposed to the ARV.

[Habit7]

https://www.globalcitizensolutions.com/caribbean-taxes/

Here's a few. I used a search engine called Google and searched for "property taxes in the Caribbean"
It seems that the other countries use the assessed property value as opposed to the ARV.

Using Google is cheating.

[zoom rader]

https://www.globalcitizensolutions.com/caribbean-taxes/

Here's a few. I used a search engine called Google and searched for "property taxes in the Caribbean"
It seems that the other countries use the assessed property value as opposed to the ARV.

The problem is not paying the tax,

The problem is getting value for the taxes paid.

[sMASH]

Property tax should only be based on square area and usage. Not no damn arbitrary valuation.

U pay a fixed rate per square foot, multiplied by factor if it's Residential, agriculture, Comercial industrial etc.

Eg:
residential Can be 0.1 usage.
If u have 5000 sqft. Then ur tax is 5000x0.1=500

U have 14000sq residential, x0.1 = 1400


Commercial can be factor of 1
Industrial Can be $5000 per acre
Agri could be 500 per acre


...




But no setta drama of u living close to a town, or if it have a starbox or a rituals or 10 chinee shop.

All that is befuddlements to tie up the plebian on how it should be done, rather than if it should be done at all.



And house/building tax?

Negative, u already paid income and vat and sales tax for that. No need for a yearly tax. That is onerous.


Only tax the land, based on how much u have and what it designated as.

[wing]

Property tax should only be based on square area and usage. Not no damn arbitrary valuation.

U pay a fixed rate per square foot, multiplied by factor if it's Residential, agriculture, Comercial industrial etc.

Eg:
residential Can be 0.1 usage.
If u have 5000 sqft. Then ur tax is 5000x0.1=500

U have 14000sq residential, x0.1 = 1400


Commercial can be factor of 1
Industrial Can be $5000 per acre
Agri could be 500 per acre


...




But no setta drama of u living close to a town, or if it have a starbox or a rituals or 10 chinee shop.

All that is befuddlements to tie up the plebian on how it should be done, rather than if it should be done at all.



And house/building tax?

Negative, u already paid income and vat and sales tax for that. No need for a yearly tax. That is onerous.


Only tax the land, based on how much u have and what it designated as.

I see you getting a little PEP in your step. Also...
"The problem is not paying the tax" ...see above.
Also does Hamas charge property tax? Because what you described is how Israel determines their property tax.