Robbing from the Poor giving to the Rich

I remember showing the assessed property values to two reporters. The reason in doing so was to find out if they saw what I saw. Of course they dismissed me, or was indifference. But I kept the paperwork. What I saw was the values for one year was changed. That's right changed. When I asked why, I was given an answer. It was something like this, the actual value of the dollar now was applied to the previous year value.

Okay...what does that mean. This, if by chance you had an old coin, say you had a few 50 cent pieces from year ago but now those 50 cent pieces are worth 1.50. Let say you have 5 pieces time 1.50 would equal 7.50 today. But a year ago those 5 pieces would be worth only 2.50. You would think that in a years time you gain a profit of 5.00.

Wait a minute, you might have to share this gain with others, so you need a way to hide the fact that you actual received a gain of 5.00. So you take take 10 50 cents pieces out of your pocket, and you say hey 10 times 1.50 equals 15.00. I have 15.00 but 5 of these pieces are from a year ago, so lets subtract their value from the 15.00, so 5 time 1.50 equals 7.50 taken from 15.00 leaves 7.50. So how much was my profit. The answer would be only 2.25.

So I only have to share 2.25 instead of the $5.00. I get to pocket a 1.75 to do whatever and I get half of the $2.25. So my fair share equal 1.12 plus 1.75 equal $2.87 and the other person gets a grand total of $1.13 Now that seems like a lot of trouble to rip off one person for such a small amount. But image this as 100's dollars and 1000 of folks and you could come up with millions of dollars.


So, the next time the Mayor tells you or shows you a chart showing the lower tax rate since 1964, think about my little 50 cent pieces. If the previous tax year values were changed to almost equal the new assessed value and you hid that fact. Instead of my $1.75, the city and county get something like millions of untold dollars. Free and clear. Now your elect officials tells the public the tax rate will be low to reduce the burden from the increase in their property value. Yet these official never disclose the actual amount collected. Nevertheless, the tax rate will generate millions of additional dollars from the increase in the property values. But the only amount that will go into the budget will come from the tax rate, not undisclosed millions. Hell, the average tax payer can't understand their tax bill therefore they surely can't read a budget, is what the elected officials say and think.

The city, the county and the tax payers are happy with the low tax rate. The city, the county, and the taxpayers are being told it could have been worse. Really ? How much was skirted away that the taxpayers were never total about? And what happened to that money? And who would dare question these fine upstanding elected officials. Who would dare question the integrity of these elected officials to accuse them of stealing from the poor? ME.

Soon, I will post the pages of the new math.