ColonelAngus
Diamond Member
- Feb 25, 2015
- 52,411
- 52,461
- 3,615
It seems every single property in New York is tremendously undervalued in its taxable assessed amount.
Jon Stewart was paying taxes for a $1.4m value on a residence he sold for $17.5 million.
(As an aside, That buyer sold it a couple years later for $13.5m. He lost $4m.)
All New York has to do is INCREASE THEIR TAXABLE ASSESSED VALUES ON EVERY PROPERTY UP TO THE MARKET VALUE.
Charge Jon Stewart tax on $17.5m, not $1.4m.
DO NOT CHANGE THE TAX RATE, JUST BRING UP THE ASSESSED VALUES.
Then New York can pay for all the criminal aliens themselves.
Triple the taxable value for Stewats home from $1.4m to $4.2m.
NOW THE RICH ARE PAYING THEIR FAIR SHARE AND YOU TRIPLED YOUR TAX REVENUE!
Jon Stewart was paying taxes for a $1.4m value on a residence he sold for $17.5 million.
(As an aside, That buyer sold it a couple years later for $13.5m. He lost $4m.)
All New York has to do is INCREASE THEIR TAXABLE ASSESSED VALUES ON EVERY PROPERTY UP TO THE MARKET VALUE.
Charge Jon Stewart tax on $17.5m, not $1.4m.
DO NOT CHANGE THE TAX RATE, JUST BRING UP THE ASSESSED VALUES.
Then New York can pay for all the criminal aliens themselves.
Triple the taxable value for Stewats home from $1.4m to $4.2m.
NOW THE RICH ARE PAYING THEIR FAIR SHARE AND YOU TRIPLED YOUR TAX REVENUE!