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View Diary: The Mayor of Lansing, Michigan hilariously trolls Tennessee over UAW crackdown (238 comments)

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  •  Property values are lower, (0+ / 0-)

    but assessments are higher. My property in Lansing is assessed at over twice what I paid for it; my property in Hawai'i is assessed at a tiny fraction of what I paid for it.

    And I already responded to your dumbass and fact-free "explosion" of my truthful statement about the amount of taxes I pay on two particular properties.

    Of course V.W. would buy land for a plant. I was discussing the effect on their employees of moving to Lansing. Or are you just anticipating poaching some new Union jobs?

    If you think I didn't appeal my tax assessment to the tax tribunal, you are mistaken. If you think it works in fact how it is supposed to work in theory, try it yourself sometime. I had two independent appraisals, plus the fact that the property had been on the market for some time and mine was the best offer, indicating that it was sold for fair market value. But the tax tribunal knows the same thing the assessor knows - you can't cut a city's revenues down to a third of what they have been just because property values crashed.

    But yeah, as I said, the taxes have dropped a little bit.

    •  The only way that can be true... (0+ / 0-)

      ...is if you bought your house 50 years ago, and you aren't adjusting for inflation.

      The Assessed value of your house is what you paid for it, clod. Then, property tax assessment inflation is capped by Constitutional amendment.

      •  The assessed value of your house (0+ / 0-)

        is what the assessor assesses it at. Really, you need to look at the information available at the assessor's office, which includes purchase price and assessed value. You will see that there is little or no relationship between the two, at least since 2007. And particularly right after the crash.

        I notice that instead of answering my points you have resorted to name calling. That really helps make your case...

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