Little by Little

[archenemy]

they chip away at the protections/limitations against higher tax rates that were voted for

[KaskadskyjKozak]

 

it's not about what the people what; the government knows best what we need and will act in our behalf.

[archenemy]

They are certainly working on taking half, that's for sure.

[minx]

they've already got their half and they're trying to get my half

[JayB]

Should help boost housing prices, though...

 

"Q: Could governments go back now and collect the property taxes that I-747 prevented them from collecting before the ruling?

 

A: No. But the ruling could be retroactive in a sense.

 

Under state law, cities, counties or other local governments can "bank" unused property-taxing authority. Under I-747, for instance, if a government used only 0.5 percent of the 1 percent increase authorized by the law, it could reserve the remainder and use it the next year.

 

Noble has said it appears local governments could contend they had banked much more — the difference between their actual increases and the rate of inflation — for each of the past five years. In addition to seeking an increase of up to 6 percent next year, they could attempt to raise property-tax collections by that total "banked" amount as well, he has said."

[Jim]

With a little planning this should be no dent for my retirement funds.

 

http://www.timetravelfund.com/

[archenemy]

Should help boost housing prices, though...

 

"Q: Could governments go back now and collect the property taxes that I-747 prevented them from collecting before the ruling?

 

A: No. But the ruling could be retroactive in a sense.

 

Under state law, cities, counties or other local governments can "bank" unused property-taxing authority. Under I-747, for instance, if a government used only 0.5 percent of the 1 percent increase authorized by the law, it could reserve the remainder and use it the next year.

 

Noble has said it appears local governments could contend they had banked much more — the difference between their actual increases and the rate of inflation — for each of the past five years. In addition to seeking an increase of up to 6 percent next year, they could attempt to raise property-tax collections by that total "banked" amount as well, he has said."

I honestly don't know what this means. Can you rephrase this for me? What I am reading is that they can go back to the beginning of the time the initiative was in effect and tax us for everything they would have made during that time. But then, that is probably just my paranoia coming out and I misunderstanding the true meaning of this.

[JayB]

That's what I understood from the article. I think that they have the power to do so, but may or may not use it at their discretion.

 

If housing values drop, I'd be amazed if they didn't goose the rates to keep revenue constant.

[Fairweather]

This state has what is becoming THE most corrupt government in the nation. I think a prop-13 type tax revolt is brewing.

[tvashtarkatena]

Florida needs Pepsi distributors. Don't let the door hit your ass on the way out.

[Fairweather]

You should apply! I hear your wife wants you to get a job.

 

103...104

[tvashtarkatena]

I've got fresh photos up on Flickr.

[Fairweather]

Sorry. Not interested in yet another Mailbox Peak Trip Report.

 

...105

[tvashtarkatena]

 

Goddamnit, Fairweather, you had no right to post that photo of us.

[Fairweather]

Ah, yes. The homo-erotic post or the simple "buh bye". Sure signs that Trashtarketena has been silenced...at least temporarily.

[tvashtarkatena]

Ah, yes. The homo-erotic post or the simple "buh bye". Sure signs that Trashtarketena has been silenced...at least temporarily.

 

You find that homo-erotic? I thought we were just hangin' out.

 

Buh bye.

[Fairweather]

...110...111...

[Crux]

One hunurt eleffen bollels ah beer on ah wall, one hunurrr, uh, uh...

[ScottP]

"Robin Hood Effect" in reverse:

"the average worker — who earned $41,861 in 2005 — made about $400 less last year than what the average large-company CEO made in one day. That assumes 260 days of pay (52 weeks x 5 days a week).

 

The CEO-to-worker pay differential in 2005 was the second highest on record. The highest was 2000, when the average CEO earned 300 times what the average worker made."

 

I hate it when that happens.

 

 

[KaskadskyjKozak]

"Robin Hood Effect" in reverse:

"the average worker — who earned $41,861 in 2005 — made about $400 less last year than what the average large-company CEO made in one day. That assumes 260 days of pay (52 weeks x 5 days a week).

 

The CEO-to-worker pay differential in 2005 was the second highest on record. The highest was 2000, when the average CEO earned 300 times what the average worker made."

 

I hate it when that happens.

 

 

you guys make great Marxists

[prole]

This state has what is becoming THE most corrupt government in the nation. I think a prop-13 type tax revolt is brewing.

 

Yes, sadly Washington State is one of THE MOST CORRUPT STATES IN THE UNION! Oh wait, did I read that wrong?