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Message
re: Insurance Expense
Posted on 1/31/24 at 11:35 am to meansonny
Posted on 1/31/24 at 11:35 am to meansonny
quote:
Your local property tax assessor keeps 2% of the revenue (you could say that they steal that 2% from schools and children). Property taxes increase, you never read about how your tax assessors are taking in record profits.
When property taxes go up 17% (business insurance increases YOY), 21% (avg homeowner premium increase YOY) or 17% (avg auto ins increase YOY) you get back to me.
You cannot use a 2% tax accessor rate compared to 20% insurance increases and be taken seriously in this argument about exorbitant insurance premiums.
1
Posted on 1/31/24 at 7:27 pm to go ta hell ole miss
quote:
You cannot use a 2% tax accessor rate compared to 20% insurance increases and be taken seriously in this argument about exorbitant insurance premiums.
You still haven't looked up margin.
Try the Google machine. It's so easy,a caveman can do it.
Costs go up 17%. Costs go up 20%. Maybe reread the oil example. Hell... I've seen property taxes go up 17%. There are huge market fluctuations over the past 35 years.
Do you need to lookup sales tax? And compare how much is paid with the inflation from car sales?
This is basic, elementary stuff. And you are doubling down.
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