Minneapolis removes tax demand that was blocking rebuilding of riot-torn areas

Star Tribune ^ | Jeffrey Meitrodt

[Blood of Tyrants]

You would think that the property taxes on a burned out building would be significantly less than normal.

[Cboldt]

-- They were mostly peaceful. --

The rubble is mostly peaceful too.

[RetiredTexasVet]

“It is refreshing to see them doing the right thing,” said Steve Krause, owner of Minnehaha Lake Wine & Spirits, which was destroyed in the rioting.

Doing the right thing .... hell, they conspired with the rioters .... are you an idiot and are you going to prove it by rebuilding?

[Svartalfiar]

“But the taxes are outrageous. They are based on improved real estate, and obviously the real estate is no longer improved. It is devastated.”

Krause had to pay $17,116 in taxes on his property to get a demolition permit because his building is still valued at $363,400, according to county property records.

Why does he need a demolition permit if the building is already destroyed?

And of course his building is still valued at $363M. Assessors already did their assessments for the year back in spring, and unless he filed a protest, AND the county delayed it, then it's already set for the year. The city doesn't update that valuation on a daily basis, they're gonna wait until next year's assessment to do it on their own.

Did Krause file any kind of paperwork for assessment relief due to property damage? That should bring his property taxes down quite a bit, or is he just whining and not doing anything about it?

[minnesota_bound]

Democrat politicians are just a slightly higher class extortionist then the peasant looter.

[minnesota_bound]

FTA: $17,116 in taxes on his property to get a demolition permit because his building is still valued at $363,400

That is a very high tax.

[gogeo]

Exactly so.

[joshua c]

I imagine property values have decreased so tax revenue will decrease. But that is easily fixed. Increase the rate.

The tax remains the same!

[Mark17]

How could anyone even conceive of such lunacy?

Easy. They are democrats. 👎

[Mark17]

+1

[Blood of Tyrants]

They just increased property taxes in Nashville, TN by 32%. Nashville already had the highest tax rates in the state. One restaurant owner said he would have to close up because his property taxes would go from $55,000 a year to $72,000 a year.