Aristides
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Aristides last won the day on February 25
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I don't know what NY does but in BC, the province does the assessments and cities set the mil rate according to the tax revenues they need to generate to meet their budget. All the city cares about is how much tax it needs from a property, not its market value. If my place was taxed purely on its market value, my property taxes would have tripled in the 12 years I have owned it. They have gone up but nowhere near that much.
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What was the crime? I keep asking but you can't answer. The city or state sets the taxable value, not the owner. I'll ask again, should you go to jail if the province assesses the value of your property below market and you sell it for more than the assessed value? Right now, properties in my development are going for about $250K more than their assessed value. Should their owners go to jail when they sell for more? Mil rates are more important than assessed values. The assessed value can remain the same but the government just ups the mil rate to collect more tax. This saves the problem of doing continual assessments.
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Why the theory of evolution is a fraud
Aristides replied to blackbird's topic in Moral & Ethical Issues
I don't know what caused it so it must be God. That's evidence? Ignorance is not evidence. -
With assessed values and selling prices so out of whack, questions should be asked about NY's assessment process but I don't see what that has to do with owners. Everyone would undervalue their property for tax purposes if they could and no one is going to turn down an offer that is more than its assessed value.
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When Norway got its independence from Sweden they asked the brother of the King of Denmark to take the throne. When the Germans invaded Norway they pressed him to accept German rule like his brother. He refused and fled to Britain where he headed the government in exile and resistance to the German occupation. Just as the Dutch queen did when she and her family fled to Canada and set up a government in exile.
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Banks want to lower inflation by not reporting it.
Aristides replied to CdnFox's topic in Federal Politics in Canada
Shelter costs should be included in regional inflation rates but not the national rate. Housing costs in Vancouver and Toronto will skew the national rate. -
Don't you think people should call places in Finland the same way as Finlanders call them?