What the heck is that all about?
Just paid my taxes and noted that line item. For the life of me I can't remember what it's for.
What the heck is that all about?
Just paid my taxes and noted that line item. For the life of me I can't remember what it's for.
When someone gets a judgment against a local unit of government and the government won't or can't pay, they way that the creditor executes the judgment is to serve it on the property tax assessor, who is then required to collect the judgment by imposing a special assessment on the individual taxpayers. This happened in Inkster recently when the City agreed to pay a large damage award [[money which the City did not have) to the guy who gotten beaten up by the cops. That is why Detroit ultimately filed for bankruptcy. Otherwise, the property owners would have had to pay many, many gigantic judgment assessments, and in probably a very short time, there would be no solvent property owners left.
Wayne County failed to make a pension plan payment in 2010. Everyone in the county is getting a .9761 mil levy.
Doing it this way means that not only will the pension fund be paid, but the money not spent on pensions in 2010 was spent on other things like the wages themselves.
Never underestimate the motivation of people to pay themselves.
Is this a 1 time deal, or are we paying on the Wayne County Layaway plan?
These special assessments are local governments way of sticking it to the people for mismanagement without having to ask for a vote.
It's a one time hit and it's ridiculous. Bankruptcy can't come soon enough.Quote:
Originally Posted by GPCharles
I lost my paycheck on a bad bet @ the casino, I think I'll just hit my employer for more, keep your fingers crossed.....Quote:
Originally Posted by lpg
Increasing taxes to pay for expenses requires a vote of the people.
Increasing taxes to pay for a judgment does not.
So Wayne County got around having to raise taxes by simply waiting until a judgment was entered, and then adding this to the levy.
I hope that under the Consent Agreement this will be the last of that.
This just sucks for housing values in Wayne county. A nearly 1 mill increase when people are still losing their homes for unpaid taxes in huge numbers is not going to help. I almost hate to ask but does anyone know if the county paid the pension plan in 2011?Quote:
Originally Posted by MikeM
Hard to imagine that they would have paid the 2011 pension due. I can't think of a good reason they would.
And Lincoln Park is asking for a 6 mill increase to rebuild it's pension fund. And it's being sued by the retirees. It seems that tax increases and assessments are going to be never ending.
God bless the working stiff.....Quote:
Originally Posted by lpg
Won't be long before I am standing on a exit ramp holding a sign that reads "Help me pay my taxes".Quote:
Originally Posted by Honky Tonk
Anything you get you have to declare as income.Quote:
Originally Posted by lpg