So here in ohso liberal Seattle, we have no state income tax .. mostly we pay real estate taxes. That might be OK, except we also offer yuge tax breaks to folks who own expensive homes. I live in a damn pricey neighborhood. A few months ago I posted about a house downstreet has been […][...]
Posts Tagged ‘taxes’
October 9th, 2016 - 12:58 pm § in The Ave Scene
David Brewster on The $54 Billion Sound Transit Prop 1
David Brewster Seattle Times runs pro-con op-eds on Sound Transit vote. The opposition case is particularly well made by Chuck Collins; odd that the case in favor comes from a California head of Sierra Club, not a local. Collins makes good points about limited impact on congestion, failure of tr[...]
October 3rd, 2016 - 11:09 am § in Donald Trump, Misc.
Understanding The Donald’s Taxes
Donald Cay Johnstone is the tax expert and economist who has explained the Trump’s taxes. Worth a read. A brief summary: Trump combined tax benefits under Section 1231 of the Internal Revenue Code with the exception provisions in Section 108. In less legalistic terms, in 1990 Trump over pai[...]
October 2nd, 2016 - 12:50 pm § in Donald Trump, Misc.
The resurrection of serious journalism is at hand
The New York Times risked legal trouble to publish Donald Trump’s tax return Federal law makes it illegal to publish an unauthorized tax return. Share WASHINGTONPOST.COM|BY CALLUM BORCHERS The resurrection of serious journalism is at hand…The Pentagon Papers case all over again…and wit[...]
September 26th, 2016 - 7:18 am § in Misc.
THE Ave Challenge: How much does the average federal tax payer pay for the US defence budget
$523 $1213 $2101 $4321 $8,841[...]
August 3rd, 2016 - 5:16 pm § in The Ave Scene
David Preston: What Seattle Housing Gets for $290 million
David Preston Seattle’s $290 million “affordable housing” property tax levy passed yesterday, doubling the amount of the previous levy. Voters likely approved it because they felt it would reduce the number of homeless people visible on the streets. Unfortunately, it will likely [...]
August 2nd, 2016 - 1:41 am § in Donald Trump, Misc.
Warren Buffett Challenges Trump to a Tax Duel
OMAHA, Neb. — The “Oracle of Omaha” went directly after Trump, dismissing the Republican real estate magnate’s excuse for not releasing his tax returns. “I would like to make him an offer I hope he can’t refuse,” Buffett told Clinton’s supporters at a rally. “I’ve got news for h[...]
July 24th, 2016 - 10:09 am § in The Ave Scene
Seattle: $15,000,000 house with $3000 in Taxes?
Just listed and down the street from my house. Redfin says the taxes are less than mine! My wife insisted this must be an error .. but she looked it up. The assessed value on the house is $2 million. The taxable value $0 ![...]
May 4th, 2016 - 1:15 am § in Misc., The Ave Scene
Seattle Spoils System
Eight of nine Seattle City Council members voted Monday to hire an additional aide for each Councilor. That makes four aides to serve the voters! The increase was supposedly because the new system makes seven Councilor into DISTRICT councilors. So, supposedly the Districts will now be better se[...]
Why I support Bernie
I do not know how a Bernie Sanders would actually govern, but I want whoever gets elcted to have clear policy goals. Tax refor must be one of these. [...]