the fear of taxing people out of their homes....this was the public outcry that prompted prop 13 in CA
I don't think anything the gov't or media can do will stop marching in the streets by '04 by citizens protesting excessive unrepresentative gov't tax and military actions.
(But they'll try -- the Oct. 26th DC protests against the Iraq war were suppressed even by PBS, who reported "10,000" and later, after the Nov. elections, apologized that it was "over 100,000". Etc.)
We're seeing people in Calif selling their homes in distress sales after not finding work for months, that will certainly accelerate in other states, and the tax issue will be part of the story everywhere as gov't tries to find taxpayers to close the gap, and homes get confiscated and sold for taxes.
Did anyone know of the scam already in place in many of the 4,000 counties in the US where they charge 18% INTEREST ON OVERDUE PROPERTY TAXES?
This is usurious by any stretch of the imagination for a debt secured by 1st position at 100:1 LTV by the confiscatory authority of gov't. And they don't stop there, doing things such as REFUSAL TO ACCEPT PARTIAL PAYMENT, which all other taxing authorities accept as a normal matter of course. IOW, if you owe $5,000, but want to pay $2,500 now and the balance later, they refuse your check, charge you the interest on the whole amount, etc. For a retired person on fixed income that greatly increases the danger of confiscation and is clearly predatory.
Almost makes you want to look for a politician to bribe or an un-tort-reformed class-action lawyer... -g- |
