The Herald of Everett, Washington
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Published: Sunday, October 7, 2012, 12:01 a.m.
State tax system


Property formula an absolute joke

In response to the Monday letter, "Time to revamp our tax system," I agree. The taxes on my small, modest fixer-upper are exorbitant. Divided monthly, they have risen to almost half of the monthly interest and equity on a 30-year loan and are double the amount of the equity portion. It makes a joke out of the idea of "private property."
My income has been reduced, and the high taxes threaten to make me lose my house. It's especially aggravating to know that the taxes went up due to the real estate bubble and that while that value of the property has imploded, my taxes have yet to go down. The government unfortunately likes real estate taxes because it's easier to collect by threatening to take peoples' homes. The late fees if one can't pay are abusive and add insult to injury.
The only fair and rational tax system is a balanced one based primarily on income and spending so peoples' taxes are less when they are earning and spending less. The current system makes a mockery of the American Dream. A government of the people should not tax people out of their homes.
Leslie Jordan
Shoreline
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Herald Editorial Board

Jon Bauer, Opinion Editor: jbauer@heraldnet.com

Carol MacPherson, Editorial Writer: cmacpherson@heraldnet.com

Neal Pattison, Executive Editor: npattison@heraldnet.com

Josh O'Connor, Publisher: joconnor@heraldnet.com

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Feel strongly about something? Share it with the community by writing a letter to the editor. Send letters by e-mail to letters@heraldnet.com, by fax to 425-339-3458 or mail to The Herald - Letters, P.O. Box 930, Everett, WA 98206. Include your name, address and daytime phone number. (We'll only publish your name and hometown.) We reserve the right to edit letters, but if you keep yours to 250 words or less, we won’t ask you to shorten it. If your letter is published, please wait 30 days before submitting another. Have a question about letters? Contact Carol MacPherson at cmacpherson@heraldnet.com or 425-339-3472.