Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: LyinLibs

“This is crazy!

They oughtta just raise property taxes on....

on......

....on all the bulldozed neighborhoods of Detroit.”

Considering that you can buy houses in Detroit for $5000, at current valuation, how many houses does it take to get enough property taxes to pay the salary of even one teacher? If you throw in a homestead deduction from the valuation, I’d bet the taxing district would have to pay homeowners.

Geeze, assumming they taxed a home at 100% of valuation, and disallowed homestead exemptions, it would still take a dozen or more.


31 posted on 04/18/2011 8:20:13 AM PDT by No Truce With Kings (Ten years on FreeRepublic and counting.)
[ Post Reply | Private Reply | To 24 | View Replies ]


To: No Truce With Kings
Considering that you can buy houses in Detroit for $5000, at current valuation, how many houses does it take to get enough property taxes to pay the salary of even one teacher? If you throw in a homestead deduction from the valuation, I’d bet the taxing district would have to pay homeowners.

You are giving libs the pass on rational thought.

The way they would figure is thus: One house bought for 5,000, 5, or 50,000, does not matter. We need 100 k for teachers, divided by the number of homes owned in the area. Let's see, one owner, so, you owe 100 k in taxes. Simple, straightforward lib math.

34 posted on 04/18/2011 8:26:07 AM PDT by going hot
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson