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Started By
Message
Bill filed by Rep. Willard D-New Orleans, raises homestead exemption from 75K to 125K
Posted on 4/24/25 at 3:07 pm
Posted on 4/24/25 at 3:07 pm
LINK
quote:
Orleans Parish Assessor Erroll Williams has rallied behind a bill that seeks to lower the amount of annual property taxes Louisiana homeowners pay each year.
House Bill 271, filed by Rep. Matthew Willard D-New Orleans, calls for raising the state's homestead exemption from $75,000 to $125,000 of a home’s market value, a move aimed at bringing relief to property owners grappling with soaring insurance costs and higher property taxes.
Williams, who is up for reelection this fall, said the exemption has remained unchanged since 1980, when the average home price in the state was $43,000. He said increasing it “just makes sense.”
“I talk to homeowners every day who are struggling to keep up. This change could mean the difference between staying in their home or being priced out.” Williams said. “There’s not going to be a property tax base to fund government programs if people can’t afford to live here.”
14
Posted on 4/24/25 at 3:09 pm to Major Dutch Schaefer
I appreciate the effort, but that’s not high enough.
Posted on 4/24/25 at 3:13 pm to Major Dutch Schaefer
It should be eliminated altogether.
Posted on 4/24/25 at 3:14 pm to Major Dutch Schaefer
quote:
calls for raising the state's homestead exemption from $75,000 to $125,000 of a home’s market value
That’s the opposite of what we need. We already have half the city paying no property taxes. Everyone needs to pay so they quit voting for every increase that gets asked for.
Posted on 4/24/25 at 3:18 pm to Major Dutch Schaefer
How about a bill that makes a law stating that only actual property owners
may vote on tax/revenue bills ?.!
may vote on tax/revenue bills ?.!
Posted on 4/24/25 at 3:25 pm to SantaFe
quote:
How about a bill that makes a law stating that only actual property owners
may vote on tax/revenue bills ?.!
Because that's stupid? Just because someone doesn't own property now it doesn't mean that they'll never own property
Everyone votes on things that don't necessarily directly affect them
Posted on 4/24/25 at 3:26 pm to High C
There should be no homestead exemption. Everyone should have skin in the game.
Posted on 4/24/25 at 3:29 pm to Slippy
quote:
It should be eliminated altogether.
The property tax, or the exemption?
Posted on 4/24/25 at 3:34 pm to Slippy
Desantis in Florida is trying to eliminate prop taxes.
Hopefully other states follow suit.
Hopefully other states follow suit.
Posted on 4/24/25 at 3:36 pm to Major Dutch Schaefer
It should be a function of the dollar's value. As inflation increases, so should taxes like that. Update it each year.
Posted on 4/24/25 at 3:37 pm to OysterPoBoy
quote:spoken like a slave. No one should be paying real estate taxes. Its bullshite. Paying for annually for land i own outright? Paying taxes on a home I own and if i dont, someone can come in and steal my home out from under me?
Everyone needs to pay so they quit voting for every increase that gets asked for.
frick property taxes. Eliminate them altogether
Posted on 4/24/25 at 3:38 pm to AuburnTigers
When your house catches on fire don't call the county.
Posted on 4/24/25 at 3:38 pm to Harry Boutte
quote:
The property tax, or the exemption?
Either or both. I hate property taxes. No one should be forced to sell their house because they can't afford the taxes on it. However, property taxes are the best way to focus the taxes on the people that benefit from the revenue. School districts, fire protection, etc. If I live in Ascension and shop at Sam's or Costco, which doesn't have any locations in Ascension, then having my sales tax revenue go to EBR programs that I'll never use is no benefit to me. Having that sales tax revenue go to maintaining the streets that I use to get there, police to make it safe to drive and shop there, etc makes sense.
Posted on 4/24/25 at 3:40 pm to Major Dutch Schaefer
All taxes should be based on consumption not simple ownership. When you buy a house you pay sales tax and never has to pay again. No one owns property in this county we are just renting...
Posted on 4/24/25 at 3:41 pm to CubsFanBudMan
quote:
No one should be forced to sell their house because they can't afford the taxes on it.
That's why I like the exemption.
Posted on 4/24/25 at 3:47 pm to Major Dutch Schaefer
quote:
raises homestead exemption from 75K to 125K
What it really means if your house is worth more than 125K you will end up paying more in taxes, while those under 125K pay less.
Posted on 4/24/25 at 3:49 pm to Major Dutch Schaefer
Well, they don’t cut spending, so the locals will just look to Baton Rouge for more cash.
We should reduce the homestead exemption, allow local govt to collect more tax, and shift spending from the state onto locals. Then cut income tax and reduce the size of state control.
We should reduce the homestead exemption, allow local govt to collect more tax, and shift spending from the state onto locals. Then cut income tax and reduce the size of state control.
Posted on 4/24/25 at 4:01 pm to Major Dutch Schaefer
Needs to go the other way. Mils taken in for a given tax are proportional to the total tax revenue needed. The more over the median house valve you are, the larger percentage of the mils you are paying.
Eliminate HE and everyone will pay in proportion to the valve.
Eliminate HE and everyone will pay in proportion to the valve.
Posted on 4/24/25 at 4:09 pm to Slippy
quote:
It should be eliminated altogether.
Idiots voted it down during the last election
The legislature is going to take it away altogether, because it must not be that important to people
Do stupid things, win stupid prizes
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