Skip to main content

There's been a lot written about the efforts undertaken by Madison-area real estate developer Terrence Wall to avoid paying taxes on properties he own in the Madison area, and as a result of what's been written, Wall sent an email to Capital Times reporter Mike Ivey responding to what's been written.  In his response, Wall somehow tries to equate his conversion of an expensive and valuable piece of commercial real estate in the heart of Middleton into a rotting pumpkin patch (where the pumpkins are given away, thus undermining actual pumpkin farmers) with taking a home mortgage deduction on your taxes if you own a home.  If homeowners who have a garden were able to convert that portion of their residentially zoned property into agricultural zoning, Wall may have a point, but they can’t so he doesn’t.

In his response, Wall also claimed that the law is working "exactly as the legislature intended."  However, WKOW-TV in Madison did a story on the issue and when asked, Paul Musser, Middleton's city assessor, questioned the law's application to Wall's scenario and other similar approaches:

"I don't think that's what it originally was set up to be. It was originally set up to preserve farmland."

Preserving farmland and avoiding paying taxes are not the same thing, no matter what Terrence Wall may want people to think, but the part of Wall's response that I find to be most hypocritical is this:

Liberals have never found a tax increase they didn't like. They will always argue for higher taxes, higher assessments, higher fees, because for many of them, their very own livelihood depends on ever increasing the size of government. In their minds, the private sector should always pay more, but more is never enough for them.

I wonder....does Terrence Wall's hypocrisy know no end?  After all, while he's attacking liberals for their supposed dependence on government, let's not forget that Terrence Wall's company is a frequent recipient of government help.  For example, Wall requested 65 million dollars in TIF subsidies for a project of his in Middleton, so unless he's willing to disavow any government handouts for his business ventures, Terrence Wall shouldn't attack liberals for their supposed dependence on government.

Originally posted to Blogging Blue on Sun Nov 08, 2009 at 03:06 PM PST.

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site