On Sunday, April 26, 2015 at 7:46:28 PM UTC-4, Kurt Ullman wrote:
And the corollary to that is that Philo said Reagan was "pretty bad".
Under Reagan, the economy boomed, unemployment was cut in half with
good paying jobs, not flipping burgers. Interest rates were cut in
half, inflation cut in half, the stock market went up by 2.5 to 3X.
And we both could tell him what Reagan did that made that happen....
Clearly his rules are different for Democrats and Republicans.
Actually it appears as though most of the problem was that GW DID use
his Jedi mind powers. Otherwise how do you explain the large numbers of
Democrats that say they were against the war despite voting for okaying
it AND paying for it?
?Statistics are like bikinis. What they reveal is suggestive,
but what they conceal is vital.?
On Sunday, April 26, 2015 at 7:31:23 PM UTC-4, philo wrote:
And according to you, Reagan was "pretty bad" too, even though
by your new standard, ie stock market performance, the market
about tripled during Reagan's 8 years.
You, really, really need to just stop. You're clearly a Democrat
that keeps making it up and moving the goal posts as you go.
When I read "biggest mistake was trusting the Dems
in the Congress", I was remembering Rush Limbaugh
commenting on the Reagan budget. The Dems got tax
increase now, in promise of reduced spending later.
Christopher A. Young
learn more about Jesus
The problem is that most people really don't understand that. I've
heard it so many times, "the properties are being reassessed so my taxes
will go up" People expect it so the politicians accommodate them.
In 49 years of home ownership, taxes have never gone down, but one year
they did not change.
During the Bush housing bust, those that experienced a drastic reduction
in home value over what they paid, did get property tax reductions if
they applied for a re-assessment. I know my sister-in-law who purchased
a duplex which fell in value by $200K got a reduction. But now the
"value" is up by about $600K so it is reassessed again and the 2%
increase limit (California prop 13) applies from the original assessed
value, not from the reduced assessed value.
The property tax rate in California is actually pretty low in percentage
terms, but the property values are so ridiculously high that the dollar
amounts are very high. A 1786 sq ft, 3/2, 1960's, tract home, that was
about $20K new, sold on my street in 2013 for $1.395 million and will
have property taxes of over $17,500 per year. It needed about $100K in
renovation before the owners could move in and that was better than the
sellers renovating it and raising the price because at least the
renovations did not trigger a reassessment. Today it would sell for
about $1.75 million.
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