"Spam-A-Ram-A" <NoSpam@no-spam> wrote in message
news:oWrJa.9787$xg5.8711@no-spam
> Oops, slight math correction.
>
> If I could get away with what Michael Dell did, my property taxes wouldn't
> be around $300.
>
> They'd be around six bucks.
>
> Where do I sign up? ;)
>
>
> "Spam-A-Ram-A" <NoSpam@no-spam> wrote in message
> news:3ahJa.6382$xg5.3686@no-spam
> > Gaia, Ghu, whatever, it's all the same critter. Do you have to disagree
> on
> > every single little thing? Lighten up!
> >
> > And yes, there had better damned well be a fixed rate for all similar
> > properties. A little thing called democracy, I know it's taken a bad
rap
> > these days but it's still ostensibly in effect.
> >
> > So yes, in a sense this is how property taxes are calculated. Take
> > appraised value, multiply it by the tax rate, bingo! Payment due by
02/01
> > the following year. What the original poster was talking about was how
> Dell
> > worked the system to his own benefit, letting him pay a hugely
discounted
> > amount of tax when compared to other citizens's home values.
> >
> > Property tax is based on appraised value. The rate itself is the same
for
> > all similar properties (around two bucks for every hundred dollars of
> > appraised value, when talking residential). A home is a home is a home.
> > Doesn't matter if one's home is appraised at 71.4 million and another's
at
> > 150K. They're both homes, and the rate is the same for both.
> >
> > Yes, commercial property, unimproved land, etc., all have DIFFERENT
rates,
> > but we're essentially talking about a SINGLE FAMILY DWELLING here.
> >
> > One way in which Mr. Dell got off is the famous agricultural exemption.
> > Just by having some cows, horses or whatnot, the tax code allows for a
> huge
> > writedown on the appraised value, thus affecting the rate.
> >
> > What his payment of $2600 says is that he somehow got his 71.4 million
> > dollar home written down to around 150K.
<snip>
I'm a little late to the party here but I remember the Michael Dell property
tax flap and as I recall his property was appraised at somewhere around $38
million. But, the Dell's said that because of the house's "special nature"
that the true market value should be lower since there aren't many buyers
for a house worth $38mm. It was agreed to and the appraised value was
lowered to somewhere in the $14mm range. Yes, a lot lower but he's still
paying a butt-load of property tax.
What spawned this thread was the info that Dell was paying around $2,600 in
property tax.
My 150K house pays more!
"charliekilo" <miles_kramer@no-spam> wrote in message
news:ijhKa.2524$BM.1441751@no-spam
> "Spam-A-Ram-A" <NoSpam@no-spam> wrote in message
> news:oWrJa.9787$xg5.8711@no-spam
> > Oops, slight math correction.
> >
> > If I could get away with what Michael Dell did, my property taxes
wouldn't
> > be around $300.
> >
> > They'd be around six bucks.
> >
> > Where do I sign up? ;)
> >
> >
> > "Spam-A-Ram-A" <NoSpam@no-spam> wrote in message
> > news:3ahJa.6382$xg5.3686@no-spam
> > > Gaia, Ghu, whatever, it's all the same critter. Do you have to
disagree
> > on
> > > every single little thing? Lighten up!
> > >
> > > And yes, there had better damned well be a fixed rate for all similar
> > > properties. A little thing called democracy, I know it's taken a bad
> rap
> > > these days but it's still ostensibly in effect.
> > >
> > > So yes, in a sense this is how property taxes are calculated. Take
> > > appraised value, multiply it by the tax rate, bingo! Payment due by
> 02/01
> > > the following year. What the original poster was talking about was
how
> > Dell
> > > worked the system to his own benefit, letting him pay a hugely
> discounted
> > > amount of tax when compared to other citizens's home values.
> > >
> > > Property tax is based on appraised value. The rate itself is the same
> for
> > > all similar properties (around two bucks for every hundred dollars of
> > > appraised value, when talking residential). A home is a home is a
home.
> > > Doesn't matter if one's home is appraised at 71.4 million and
another's
> at
> > > 150K. They're both homes, and the rate is the same for both.
> > >
> > > Yes, commercial property, unimproved land, etc., all have DIFFERENT
> rates,
> > > but we're essentially talking about a SINGLE FAMILY DWELLING here.
> > >
> > > One way in which Mr. Dell got off is the famous agricultural
exemption.
> > > Just by having some cows, horses or whatnot, the tax code allows for a
> > huge
> > > writedown on the appraised value, thus affecting the rate.
> > >
> > > What his payment of $2600 says is that he somehow got his 71.4 million
> > > dollar home written down to around 150K.
> <snip>
>
> I'm a little late to the party here but I remember the Michael Dell
property
> tax flap and as I recall his property was appraised at somewhere around
$38
> million. But, the Dell's said that because of the house's "special nature"
> that the true market value should be lower since there aren't many buyers
> for a house worth $38mm. It was agreed to and the appraised value was
> lowered to somewhere in the $14mm range. Yes, a lot lower but he's still
> paying a butt-load of property tax.
>
>
"charliekilo" <miles_kramer@no-spam> babbled and bored us in
news:ijhKa.2524$BM.1441751@no-spam
> "Spam-A-Ram-A" <NoSpam@no-spam> wrote in message
> news:oWrJa.9787$xg5.8711@no-spam
>> Oops, slight math correction.
>>
>> If I could get away with what Michael Dell did, my property taxes
>> wouldn't be around $300.
>>
>> They'd be around six bucks.
>>
>> Where do I sign up? ;)
>>
>>
>> "Spam-A-Ram-A" <NoSpam@no-spam> wrote in message
>> news:3ahJa.6382$xg5.3686@no-spam
>> > Gaia, Ghu, whatever, it's all the same critter. Do you have to
>> > disagree
>> on
>> > every single little thing? Lighten up!
>> >
>> > And yes, there had better damned well be a fixed rate for all similar
>> > properties. A little thing called democracy, I know it's taken a bad
> rap
>> > these days but it's still ostensibly in effect.
>> >
>> > So yes, in a sense this is how property taxes are calculated. Take
>> > appraised value, multiply it by the tax rate, bingo! Payment due by
> 02/01
>> > the following year. What the original poster was talking about was
>> > how
>> Dell
>> > worked the system to his own benefit, letting him pay a hugely
> discounted
>> > amount of tax when compared to other citizens's home values.
>> >
>> > Property tax is based on appraised value. The rate itself is the
>> > same
> for
>> > all similar properties (around two bucks for every hundred dollars of
>> > appraised value, when talking residential). A home is a home is a
>> > home. Doesn't matter if one's home is appraised at 71.4 million and
>> > another's
> at
>> > 150K. They're both homes, and the rate is the same for both.
>> >
>> > Yes, commercial property, unimproved land, etc., all have DIFFERENT
> rates,
>> > but we're essentially talking about a SINGLE FAMILY DWELLING here.
>> >
>> > One way in which Mr. Dell got off is the famous agricultural
>> > exemption. Just by having some cows, horses or whatnot, the tax code
>> > allows for a
>> huge
>> > writedown on the appraised value, thus affecting the rate.
>> >
>> > What his payment of $2600 says is that he somehow got his 71.4
>> > million dollar home written down to around 150K.
> <snip>
>
> I'm a little late to the party here but I remember the Michael Dell
> property tax flap and as I recall his property was appraised at
> somewhere around $38 million. But, the Dell's said that because of the
> house's "special nature" that the true market value should be lower
> since there aren't many buyers for a house worth $38mm. It was agreed to
> and the appraised value was lowered to somewhere in the $14mm range.
> Yes, a lot lower but he's still paying a butt-load of property tax.
>
>
>
If you can't afford the property tax, you
1. Shouldn't whine about it like a little girl like Dell did.
2. make the rest of Austin taxpayers take up the tax slack for the missing
amount of the lowered appraisal.
3. Shouldn't buy such a big house.
It's not our job to subsidize the filthy rich people's huge estates and views
and marble fireplaces and golden toilet seats.
--
-Mapi
The Mapanari of Usenet.
Mapanari wrote:
>
> "charliekilo" <miles_kramer@no-spam> babbled and bored us in
> news:ijhKa.2524$BM.1441751@no-spam
>
>
snip
> >
> > I'm a little late to the party here but I remember the Michael Dell
> > property tax flap and as I recall his property was appraised at
> > somewhere around $38 million. But, the Dell's said that because of the
> > house's "special nature" that the true market value should be lower
> > since there aren't many buyers for a house worth $38mm. It was agreed to
> > and the appraised value was lowered to somewhere in the $14mm range.
> > Yes, a lot lower but he's still paying a butt-load of property tax.
> >
> >
> >
>
> If you can't afford the property tax, you
>
> 1. Shouldn't whine about it like a little girl like Dell did.
> 2. make the rest of Austin taxpayers take up the tax slack for the missing
> amount of the lowered appraisal.
> 3. Shouldn't buy such a big house.
>
> It's not our job to subsidize the filthy rich people's huge estates and views
> and marble fireplaces and golden toilet seats.
>
> --
> -Mapi
>
>
I wonder if Dell has geckos in his house?
--
Regards,
JT (Residing in Austin, Texas)
Just Tooling Down The Internet Superhighway With my G4.......
JETman <jetassoc@no-spam> babbled and bored us in
news:3F02C211.1D0E2FAA@no-spam
>
>
> Mapanari wrote:
>>
>> "charliekilo" <miles_kramer@no-spam> babbled and bored us in
>> news:ijhKa.2524$BM.1441751@no-spam
>>
>>
>
>
> snip
>
>
>
>> >
>> > I'm a little late to the party here but I remember the Michael Dell
>> > property tax flap and as I recall his property was appraised at
>> > somewhere around $38 million. But, the Dell's said that because of
>> > the house's "special nature" that the true market value should be
>> > lower since there aren't many buyers for a house worth $38mm. It was
>> > agreed to and the appraised value was lowered to somewhere in the
>> > $14mm range. Yes, a lot lower but he's still paying a butt-load of
>> > property tax.
>> >
>> >
>> >
>>
>> If you can't afford the property tax, you
>>
>> 1. Shouldn't whine about it like a little girl like Dell did.
>> 2. make the rest of Austin taxpayers take up the tax slack for the
>> missing amount of the lowered appraisal.
>> 3. Shouldn't buy such a big house.
>>
>> It's not our job to subsidize the filthy rich people's huge estates and
>> views and marble fireplaces and golden toilet seats.
>>
>> --
>> -Mapi
>>
>>
>
>
> I wonder if Dell has geckos in his house?
>
>
>
Imported Malaysian Fire Geckos, $15,000 each. And they all have little tiny
Nieman Marcus Gecko Collars made of white gold, set with a flawless 1/8
marquis cut yellow diamonds, bordered with Burmese rubie chips and a tiny
little pooper-catched strapped to their backside made of pure kevlar mixed
with silk from worms grown especially on the finest of mulberry leaves in a
tiny mountain province in China.
At least that's what I told him when I rounded up a bunch of geckos in my
backyard and bought an old box of Barbie jewelry on Ebay....
You should see what I sold his silly wife to put in her stores! Barbara Bush
is wearing it to her grandson's wedding.
Speaking of which, this Korean whore is still looking for me because I stole
her flaming polyester dragon kimono when she went outside to pee....
--
-Mapi
The Mapanari of Usenet.