- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: USSC rules that government cannot make a profit from seized property.
Posted on 5/26/23 at 9:36 am to HubbaBubba
Posted on 5/26/23 at 9:36 am to HubbaBubba
quote:
She was a deadbeat taxpayer
She's 94 years-old - almost certainly on a fixed income - hard to understand how communities can donate hundreds of thousands of dollars to go-fund-me for all kinds of stuff but no one stepped forward for this - there's never enough money to satisfy the government. Pure theft.
Posted on 5/26/23 at 10:08 am to roadkill
quote:In Texas, after age 65 you can opt to not pay property taxes, and they'll take it out of the estate when you pass away.
She's 94 years-old - almost certainly on a fixed income - hard to understand how communities can donate hundreds of thousands of dollars to go-fund-me for all kinds of stuff but no one stepped forward for this - there's never enough money to satisfy the government. Pure theft.
Of course, they also charge interest, which accrues over the entire time. Bitches.
At the will reading I can hear the attorneys, "And I bequeath the house to my rotten son, Jimmy, who never called, never sent a birthday card or attended family gatherings."
Jimmy - (pointing his finger at his two brothers and a sister) "Ha! Suck it losers!"
Attorney - "While the value of the property is currently estimated at $1.2 million, there is an outstanding loan amount on the property of $182,000..."
Jimmy - "Hey, that's cool. I'll sell the house and be rolling in dough. Y'all can suck it!"
Attorney - "...and a tax lien of $1.1 million."
"The rest of the estate was rolled up into a non-revocable, tax-exempt trust invested in life-insurance policies with non-taxable payout receipts of $5 million each to Bob, Eddie and Sarah, the other three heirs."
Jimmy - "What the frick?"
Everyone else, "Suck it, Jimmy"
Popular
Back to top
Follow TigerDroppings for LSU Football News