....property taxes too high?

[fatlazyless]

For all the readers here who have been offended by the ceiling light fixture made from deer antlers ......... did you know that deer antlers are a yearly renewable resource because they grow a-new every year ...... falling off during the rut (whatever that is?) and starting to grow back after the winter, in the spring time ..... getting up to full size in the late fall ....... or something!

And, just look at that very empty expression on the dead bear's face ...... does not look happy, sad, ferocious, curious, hungry, or any type of a bear expression ...... it just looks expressionless ..... like a very, very icy, zombie type of dead ..... just imagine sharing the room with that after paying seven million for the big mansion..... no thanks?

.................


So, why is the Meredith tax rate going up? Is it because your state and local property and income taxes above $10,000/year are no longer deductible from your federal income tax? In a sense the IRS has eliminated the formerly friendly middle man, your very friendly Uncle Sam, you know that very friendly way how the form 1040 treated your residential real estate tax and state income tax going all the way back to 1913!

So, what happened ...... and what, me worry?

[Top-Water]

Originally Posted by fatlazyless

So, why is the Meredith tax rate going up? Is it because your state and local property and income taxes above $10,000/year are no longer deductible from your federal income tax?

Nope. Has nothing to do with the Meredith tax rate.

Consider griping about the doubling of the standard deduction. The new law that roughly doubles the standard deduction to $12,000 for an individual filer and $24,000 for married couples filing jointly.

Thank God that Trump's finally trying to raise taxes on the rich. Long over due. Maybe with the return of a democratic majority in the house they will go back down.

[Biggd]

Originally Posted by Top-Water

Nope. Has nothing to do with the Meredith tax rate.

Consider griping about the doubling of the standard deduction. The new law that roughly doubles the standard deduction to $12,000 for an individual filer and $24,000 for married couples filing jointly.

Thank God that Trump's finally trying to raise taxes on the rich. Long over due. Maybe with the return of a democratic majority in the house they will go back down.

FLL keeps harping on that $10,000 tax deduction limit which means nothing to rich people. They will find their deductions some other way.

[ITD]

Here's some news, if you own a property on Lake Winnipesaukee you are rich. Back to your normally scheduled programming.

[loonguy]

That sounds like fake news to me.