Someone calculate for me what the tax savings will be on a $150,000 house.
I'm not too good at ciphering.
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8.20.2008
Calling All Math Majors
Someone calculate for me what the tax savings will be on a $150,000 house.
I'm not too good at ciphering.
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27 comments:
Now don't go spending it all in one place. But if we are correct, your savings will be $1.71.
I think all their deliberation saved you about $18.
Whoa a $150K house, fancy lawyer boy.
Anytime something goes down something goes up...so to speak.
**WARNING: OBSCURE MOVIE REFERENCE**
Why don't you ask Louis Cyphre?
Learning billable hours in your first semester at law school must have almost been a deal breaker.
1,713.00?
"sinking fund"?
BHS class of '64 figured $17.13...wow i can fill my lawn mower up twice..(we did't have new math back then)
Anon 10:28 am is correct. Way to go class of 1964.
It's glad see everyone has a great understanding of our tax system. The savings would be $17.13 assuming you have already backed out your homestead exemption from your taxable value (which seems low by the way), if you didn't then it would be 15.42.
Value/100 x rate (our in this case rate differnce (.01142). Homestead exemption is 15,000 subtracted from the value.
The fake Micky Hand
Barry, Why aren't you listed as a property owner? Do you have an alias name you go by in the property listings?
according to my calculation you would save over 17000.00, maybe you could buy a second home by us up hear in alvoyd...!!!
I'm not really going to respond to the tax question, because I really don't care that much. This post is my first on your blog and my 2nd blog response ever. I've heard about your site for years now but just have never taken the time to open it and check it out. When you came to the Decatur Lion's Club a couple of weeks ago, I thought to myself that I probably should take the time. After taking about 30 minutes to read various postings this morning, here are my comments:
- You may be the most observant person I've ever met/read (since you came to Lion's Club, I actually did meet you). Regardless, I picture you walking around looking and more importantly, thinking about everything you run across. Who does that? It makes me thing about myself and how I just don't do that. Mostly, my mind is somewhere else rather than where I am at the time. I don't know if this makes me sad or thankful.
- I wonder what's with the pictures of the girls. I keep expecting to see comments about them but don't find any--just pictures. They certainly are nice additions, and I like your taste. But they are kind of random...kind of like your thoughts, I guess.
- Don't remove the Dairy Queen shape (not an ellipse, by the way) and don't take the "Dairy Queen" out of your blog name. Screw'em. Some people are way too uptight.
- Have you noticed that Sonic is the new Dairy Queen? When I was a kid, you used to see Dairy Queens in every small town in Texas. Now, there are Sonics. I don't know which I like better. But it doesn't really matter, because I've pretty much given up fast food. It will kill you.
- I like Sonic's commercials with the two dudes rambling in the car. Funny.
- Olympics have been great this year. I heard on espn radio that Jamaicans actually have a gene or chemical or something that makes them more likely to be faster than the average human. I don't know if I should believe this or not, but the evidence is extremely compelling.
- Olympic records are being shattered this year, particularly in swimming. They say it's the new suits. But I wonder when/if humans will plateau in swimming speed.
- Usain Bolt has a great name for a sprinter. That dude is wicked fast. I cannot wait til the 200m final, and will someone tell him to please run the WHOLE race?
- Next week, I will have pretty much forgotten about the Olympics, but they are fun now. Football is about to start, but even without this, I will still have put the Olympics out of my mind.
- The opening ceremony was great. The cubes going up and down to make patterns and shapes (like one of those things you put your hand in to make an imprint) really blew me away. I found myself to be very cynical that night. My daughter asked me how it was done, and I told them they were controlled by motors controlled by a computer. Come to find out, each cube had a person in them. I was amazed.
- The architecture at the Olympics is blowing me away. The "Birds Nest" and the aquatic center are incredible, in my opinion. I really believe the Chinese think differently than we do. It would take someone to think differently to come up with those things, right? I'm more than impressed and a little intimidated.
- Although China is leading in gold medals, why aren't they leading in the overall count? With 1 out of every 5 people in the world being Chinese and the fact that the Chinese train from birth for the Olympics, you would think they would completely dominate.
- I genuinely like beach volleyball. Aside from the fact that the women are insanely hot, I actually think it makes for entertaining TV. The women are a bonus.
- I wrote more than I thought I would. I guess I'm more observant than I gave myself credit for earlier. This makes me happy.
I think I will stay anonymous. Thanks, Barry. Maybe I'll be back.
You can say that again. No, please don't.
How's BISD at 1.20, and DISD at 1.31, Paradise at 1.36 and Northwest at 1.335 tax rates. Bridgeport seems out of kilter. How'd they do that?
How'd they do that?
Devon Energy raised the tax base.
12:39
I think it has something to do with NOT wanting to be a "property rich" school distict. They want to be safe than sorry b/c it raised some eyebrows a couple of years ago
Im just guessing though
Wow...I love some of those numbers too bad they are not correct....It should be around 17.13!!!!
I think the difference between the school rates has more to do with the debt rate of the schools. Most schools maintnance and operation rates are $1.04 plus the debt service rate.
the double fake Mickey Hand
my bad..i just talked to our math teacher at alvoyd and she recalculated and found that my math was way off..she says you will save around $1,700,000.00 plus change the first year..you could buy all of alvoyd...
Welcome aboard 11:47, nice comments and observations. You asked some good question of Barry but unfortunately asking a question to Barry is like asking one of my teenagers - you rarely get an answer. Not sure why, but judging by some of his post I think he has the mind of a teenager.
There are houses worth $150,000 in Bridgeport? haha
Hey Barry I think 11:47 should be your absentee poster - so next time you hit the beach, give him a call. He's good!
1147 are you sure you didn't leave anything out..???
OK - now the math seems to be squared away - however, what you do not mention is that the real Mickey Hand has upped most of our appraisals so that regardless of the school's tax rate - you will pay MORE real dollars. Even seniors with frozen tax rates pay more because they keep raising the appraised value. It always results in a tax INCREASE!
Republicans run this county. Republicans don't raise taxes, they cut'em. And Republicans don't like spending our tax money. Unless, it is for something they want to spend if for......
Thank you, BISD. Still overpriced, but was able to cut taxes and still raise teacher's salaries. (And yes, that is absolute the two trends I want to see).
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