From: stephen@sprunk.org   
      
   On 31-Mar-15 18:35, hancock4@bbs.cpcn.com wrote:   
   > Stephen Sprunk wrote:   
   >> On 29-Mar-15 13:22, hancock4wrote:   
   >>> There is a broader issue, and that is the ability of the   
   >>> landowner to pay taxes.   
   >>   
   >> If he can't pay the taxes, then he's a shitty businessman, and he   
   >> should sell his property to someone who can do a better job of it.   
   >   
   > But what about retired or unemployed individuals who can no longer   
   > afford the taxes on their homes because they went up so steeply and   
   > their retirement income failed to keep up? ...   
      
   If they can't afford to pay the tax bill, then they will have to sell   
   their properties or lose them to a tax seizure.  That's one of the   
   reasons that most jurisdictions have exemptions for seniors and   
   statutory limits on how fast property taxes are allowed to rise, e.g.   
   5-10%/yr.  If your state doesn't have that, talk to your representatives.   
      
   S   
      
   --   
   Stephen Sprunk         "God does not play dice."  --Albert Einstein   
   CCIE #3723         "God is an inveterate gambler, and He throws the   
   K5SSS        dice at every possible opportunity." --Stephen Hawking   
      
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