LAND TRUST, LAND BANKING and National Monuments; adding to your tax bill as more out-of-stater’s buy property and drive up land values of surrounding areas; and, tax’s of native Maine residents; thus, making unaffordable for our Native children.

10 Mar

300px-trinity_episcopal_church_in_lewiston_maineAll these items;  Land Banking by Cities, Land Trust and National Monuments are adding to your overall level of taxation at local, county and state levels and are enriching a very few at Native Maine’s average income earners expense; who, are taxed out of their saving while a few benefit and children may not be able to live in the community they grew up in.

Governor of Maine LePage is correct in being apprehensive about State monies being spent of gratification of special interest at your expense as this is speculative land valuation.

More building are falling under the city of Lewiston, Maine administrative control – privy as of this date.

I would like to at this time suggest that the City of Lewiston; Maine and State offer; that, the City of Lewiston, Maine or Maine will demolish the structures and give the property to acquirer; if, the individual will pay the Lewiston, Maine City and State’s yearly Tax’s due on the property; this, without inclusion of the structures at the time of acquisition by the purchaser from the City of Lewiston, Maine or State.

The purchaser will pay the prior owner’s year of transference taxes from then on to the City of Lewiston or State; from then on and no prior owner’s property taxes to the City of Lewiston, Maine or should be State property.

It would also allow no cost properties; to the buyers; and, they would not incur mortgages to financial institutions with interest on loans, or loan interest; allowing the new owner to pay the taxes on the property with no loss of tax revenue to the residents of Lewiston, Maine or State of Maine and aid in recovery of loss revenue quicker.

All property being sold shall be transferred by a licensed property Reality Broker.

Currently, Lewiston, Maine is selling to repeatable buyer’s as they are being given a heads up by administration.

This was mentioned by the Finance committee Chairperson in an open forum.

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One Response to “LAND TRUST, LAND BANKING and National Monuments; adding to your tax bill as more out-of-stater’s buy property and drive up land values of surrounding areas; and, tax’s of native Maine residents; thus, making unaffordable for our Native children.”

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