36 Burst results for "Property Taxes"

What's next for Kim & Kanye

Juicy Scoop with Heather McDonald

06:48 min | Last week

What's next for Kim & Kanye

"Hit us all towards the end of tuesday. Evening that kim and conway are getting divorced. Now in the news i hit. It came from page six. Who basically said they've heard from multiple sources that she has met with laura wasser. Who's like the biggest attorney for celebrities. And i think she may have done kim's Other divorce from kris humphries. But i'm not one hundred percent sure but And it was like wealthy not for sure but then everybody else started to pick it up including e. news and meanwhile kim or chris or none of them made a statement like on their social media and he thinks this is absolutely not true. Please just working on ourselves. I don't know how the story got out and if it's someone you know if there's someone who knows how to work the media and to release stories one they want it released and have a hot. You know person to call right away. It's kris jenner. I believe this is happening. I'd be really shocked if it wasn't than the today. Show put out a tweet saying their sources are saying that they have not that she has not in fact filed which we know she hasn't because otherwise we would have the court document that she filed. That's normally how things are reported. Tmz has someone at the courthouse. Or they're living down there whatever they and they immediately know that. This person has filed for divorce That's kind of like what happened with erica. Jane put out. I think she filed or put out the statement the day of the election so this she has not filed yet and that supposedly they're she. They're meeting with attorneys to work out the mediation now. Of course i'm sure. They had very detailed prenuptial agreement. Which will help louis. Hopefully make this divorce easy as far as splitting up assets. I believe they're probably really smart about their purchases of big properties and whatnot so that it wouldn't be as messy if they were to break up. And how do i feel about it. Well there's been lots of hints Obviously in the last couple of years with his. And i'm gonna say psychotic grants to saying that slavery was a choice to showing up at. Tmz to the latest one. Where he said he was. He wanted to kill that he had his initial thought was to kill his daughter. Meaning get an abortion for north. And it was kim who Said no and that. He has terrible guilt about that. There's been really strange moments. Obviously but they have four kids and two of which she gave birth to all of their kids all of them Are there embryos. But after saint she had such terrible pregnancy that the two younger kids chicago and psalm. They were carried by surrogates. So my other question is are there any more frozen embryos of kim and kenya's and did she and i'm sure she did have some legal writings about who has the rights over those or did they destroy whatever embryos were left or does she have a bunch of eggs that she saved that have not been made into 'em meaning sperm has not greeted it so those eggs. She could eventually have kids with someone else. I bet she does just to be just for insurance. But i do think she's done having kids. She turned forty this year. She's got four kids. They're all full siblings. You know they're all healthy you know. She's just kind of getting out of that baby phase now. She's going to be single even if she fell in love with someone else. I kind of doubt that she'd want to have more but she might. You know Her mom kris had to kendall and kylie when she was like thirty nine. I think forty one. You know which was kind of older at that time now. You wouldn't blink an eye on it. So here's some strange things that has happened in the news. This is what people are saying. What would be at stake. If kanye west and kim crashing divorce so this expert wait in well kim conjugate to go up there to wyoming so they could live separate lives and quietly get things sorted out to separate and divorce and another new source claims that kim knows the marriage is over and she's known for a while. Now this whole thing with wyoming a lot of california people are buying property in wyoming. Connie did it. It's because there's a. There's no i believe and i might be wrong. There's no income tax. And i don't know what the property tax but there's no income tax so our income tax california's very high. So if you can establish residency in another state like wyoming. You can really save a lot of money but in order to do that you have to show that you truly live there money out of the year. You can't just buy a house. There and go spend one week at christmas and have account so he has been spending so much time there he does. You do go up there and they do enjoy it But obviously we knew she wasn't loving it that much just like she wasn't loving. You know having a house with not one speck of color. I don't know if you guys saw those christmas stockings. But they looked like Leg casts they were just white fluffy with no white stockings and that is just so different than the kind of style that kim grew up with in the kind of style we saw from her as a young adult. I mean to just act like you. Just suddenly don't like any color and your favorite color is multiple shades of nude. I just don't believe it. But she was so into giving konya this power of being like he knows fashion. He's making cool. What does konya thing. And then her team her makeup artist and glam squads were smart enough to know to ingratiate themselves to konya including her family order to be like. Oh what is konya. Okonya has a fashion show. Oh we're all going to wear these ripped clothes or we're all going to wear these prison outfits and these orthopedic nurse shoes and and and just walk down and do the fashion show and we have this fashion genius in our family. I mean think how happy they are to be done with this. Okay

KIM Laura Wasser TMZ Kris Humphries Kris Jenner Wyoming Conway Kim Conjugate Erica Chris Jane Louis Kenya Kylie Kendall Kris Chicago California Connie
Fresh update on "property taxes" discussed on Allworth Financial's Money Matters

Allworth Financial's Money Matters

00:48 min | 2 hrs ago

Fresh update on "property taxes" discussed on Allworth Financial's Money Matters

"And worst tax consequences for them. I live in California. I don't know how it for 45 years. And it's currently in a revokable living trust. Okay? And recently in California, prop 19 past And this wondering if you know I should be doing anything. Uh, Yeah. You know, some of this might be legal stuff. But what is your so just in? Not Evans in California listen, so in the past, it used to be such that You. In California property taxes were fixed, based on prop 13, which was passed in the seventies. And like most people, the country even heard about that cause property taxes if you bought your home in lessons 40 some years ago. Your property taxes can only increase 2% a year, regardless inflation. So you have people that have a million dollar homes that are paying property taxes value. That's 15% of that or what? Yes. Right. And then your next door neighbor goes and moves next door, the pain to hide private text and they used to be that if you passed away and direct heir of yours could in here that house and as long as they converted that home to their own primary residence, they can continue with that same low text basis on the house. Right? Yes. Recent text this last election cycle. There is a bill that went through that. Was trying to ID. The intention was to provide some benefits to at least have that was structured some, uh people if they wanted to move different areas, T transfer there there. That basis forward. Just for feet. People 55 older, I think, Disable. There's a bunch of list of us but while fire yesterday But with that It said. You can no longer pass on the the property tax. Paces to your heirs. That might have been some a couple exceptions but essentially eliminate, But I don't know if this actually matters in your situation, Marsha, you're leaving it to two Children with both Children move into the house. Probably not. What either of them move into the house? Probably not. Okay, well, then it's irrelevant. So you want to make sure in the reasons it's irrelevant if they came into my office and you had passed away, and they said we inherited this house together, What do you think? Sell the house and split the press. I would have themselves a house 9% of the time. It's what the proceeds almost immediate unless they weren't business already together. And they had the best. Most perfect relationships have assets where someone says, I'll take the $500,000 house. You take the 500,000 cash, and that was one way you would do it. But you most certainly would want to split that property as quickly as possible, or sell it and have that And so the tax the prop 19 doesn't mean anything to you. So what you want to do is make sure that it is titled correctly in the name of your trust, and the trust gives direction to the disposition of the property at the time of death. That's what you want to make Sure. Then you want to make sure that you have t O D's on all your other accounts of their labeled in the name of the trust and that the beneficiaries on your IRAs, life insurance or anything that annuities have your Children as the primary beneficiary is unless there's restrictions on how the dollars are paid out in the trust are the restrictions. On how the dollars are paid out in the trust. No. All right. That's all you got to do is just go through. Make sure all your beneficiaries list your two Children and make sure that all the properties in the name of the trust it sounds like you're already set. What? So why did this trouble you? The prop 19. Prop 19 is hard to understand. That's right. That's right. And and I've had a number of phone calls on prop 19. It means nothing to you. Okay. It means nothing to you. And the reason is because of the disposition of the property at time of death. That's why it means nothing to you. All righty. Okay. Thank you. Get the call. I think for most for most homeowners, it was a benefit. And Yeah, yeah, yeah. The American taxpayer. I clearly understand the Why would you want to let the family member pass it down to generation generation generation? Yeah, I get it. I mean, I understand. Like if you can't afford to pay a proper tax way we need have a mechanism in place. You You know you're probably taxes. Don't chase you out of your house. Yes. Anyway. But for most people is a non Issue, so all right, Let's continue on here. Uh, our contact number 833 99 worth. Let's talk with Mary Marry her with all words. Money matters with Scott Handsome pet McClane. Hello, Scott in here. Thank you for taking my call. Yeah, thank you. I am calling today I have a question and I'm looking for different options and the best way and so I met with my nephew. And his wife over the holidays, and they were just telling me about their situation. They're both, um, self employed and they've had They just purchased a house in October 2018 for 85,000 at a 6.75% interest rate. And it's a 30 year fixed mortgage. They went in March to see about refinancing. And there was a $4000 closing costs because they're self employed. They didn't have that cash, so they didn't Um Approved the refinancing. So they saved up the 4000 and went back in November, and the interest rates are down to 2.8%. So they wanted to refinance an $80,000 loan, and they had the $4000 closing. Well, at that time, the bank that they went to United because of things that were happening with Colbert, and they don't know they just didn't approve it. So I was looking for a way that I might be able to help him. Okay, um, and different options. So I have about $40,000 cash. I have investments and retirement. Um, pension that kind of thing. So, um, they would like to refinance at like 15 years. They could probably get it for less than 3% if if the bank approved it. And for 80,000, and they would be paying the same amount. But they would cut their years from 30 to 15. Yeah, The problem is, they haven't been able to get the loan..

California Self Employed Evans Marsha Colbert Scott Mary Mcclane
Immigrant Detainees Held by ICE Are Going On Hunger Strikes

Weekend Edition Sunday

03:53 min | 3 weeks ago

Immigrant Detainees Held by ICE Are Going On Hunger Strikes

"Customs Enforcement will soon operate under a new administration. President elect Joe Biden has promised to return to quote sensible enforcement policies. But that change will take time. Right now. In New York and New Jersey activists do not want to wait. They're calling on ice to release undocumented immigrants from jail that's led to clashes with police, hunger strikes and a restraining order from member station W. N. Y C. Matt Katz reports. Right after the election. I start getting calls from immigrants like Carlos Gomez. He was on hunger strike at New Jersey's Bergen County Jail, which has a multi million dollar contract with ice to hold detainees. It's just hard boys just You know you feel easy. It seems like they don't care about immigrant detainees say they're being mistreated, and they're scared of getting the coronavirus, the first covert 19 case an ice detention was reported here. Detainees are demanding immediate release. They say they could be given monitoring bracelets to make sure they show up to immigration hearings. Frederick Body told me he hadn't eaten for nine days. They are human beings right now in the United States just start being treated. Very badly, simply because they don't have a paper that state that they are. US citizens. Gomez body and other immigrant detainees in the country illegally are often held by ice and county jails. Many have lived here for decades and have us citizen spouses and kids. Some were transferred from prison after they finish sentences for crimes. Last month, Rabbis took notice of the hunger strikers and began praying outside the Bergen County jail. Racial justice activists soon joined them. This wasn't something that Bergen County, a wealthy Democratic suburb usually experiences, but the protests are now held almost daily with live music and occasional confrontations with the police. One night earlier this month, officers in riot armor arrested nine activists. Sheriff Anthony Cure It's in appeared before television cameras in the next day and alleged that protesters actually bit two officers. It was not a productive act of political expression. What we saw yesterday was not, in the words of my hero John Lewis. Good trouble. The sheriff is a Democrat who said he opposes President Trump's strict immigration policies. But he argued that detainees are treated well in the county jail. Bergen, another nearby counties. Local officials also defend the lucrative ice contracts. They say these deals help offset property taxes and provide jobs. Puritans department gets $110 a day per immigrant it holds for ice. Next door in Hudson County. Immigrant advocates bombarded zoom meetings of the All Democratic governing board after it voted last month to extend its ice contract. 10 years. You just love that money, right? Love the money. They don't accept money where you're going, though you all make me sick. You know, brothers say you should be ashamed of yourselves. Shame, Shame, shame that was Andrew John Michael Watson and Danielle Harari. Tensions are high throughout the region. Six protesters rallying in Manhattan for ice detainees were injured after a woman drove her car through the crowd. In New Jersey, local officials filed a restraining order against activists. Even as the state senators came out against the contracts. Senator Bob Menendez called them blood money. Local leaders aren't budging. Democratic Hudson official Curry Dodd Rodriguez points out. Some of the detainees did commit crimes, and it isn't safe to release them. Safety for me. My family is priority in 2018 Hudson. Democrats actually voted to stop jelling detainees by 2020. But when Joe Biden won the presidential election, the local Democrats figured ice would no longer be is controversial. They were wrong for NPR news, Matt Katz.

President Elect Joe Biden W. N. Y C. Matt Katz Bergen County Jail Frederick Body New Jersey Bergen County Carlos Gomez Sheriff Anthony Cure President Trump Puritans Department Gomez Democratic Governing Board United States New York John Lewis Andrew John Michael Watson Danielle Harari Hudson County Bergen
Immigrant Detainees Held by ICE Are Going On Hunger Strikes

Weekend Edition Sunday

03:51 min | 3 weeks ago

Immigrant Detainees Held by ICE Are Going On Hunger Strikes

"And Customs Enforcement will soon operate under a new administration. President elect Joe Biden has promised to return to quote sensible enforcement policies. But that change will take time. Right now in New York and New Jersey activists do not want to wait. They're calling on ice to release undocumented immigrants from jail that's led to clashes with police, hunger strikes and a restraining order from member station W. N. Y C. Matt Katz reports. Right after the election. I start getting calls from immigrants like Carlos Gomez. He was on hunger strike and New Jersey's Bergen County Jail, which has a multi million dollar contract with ice to hold detainees. It's just hard boys just You know you feel d C. It seems like they don't care about immigrant detainees say they're being mistreated, and they're scared of getting the coronavirus, the first covert 19 case an ice detention was reported here. Detainees are demanding immediate release. They say they could be given monitoring bracelets to make sure they show up to immigration hearings. Frederick Body told me he hadn't eaten for nine days. They are hitmen beat right now in the United States that are being treated. Very badly, simply because they don't have a paper that state that they are. US citizens. Gomez body and other immigrant detainees in the country illegally are often held by ice and county jails. Many have lived here for decades and have us citizen spouses and kids. Some were transferred from prison after they finish sentences for crimes. Last month, Rabbis took notice of the hunger strikers and began praying outside the Bergen County jail. Racial justice activists soon joined them. This wasn't something that Bergen County, a wealthy Democratic suburb usually experiences, but the protests are now held almost daily with live music and occasional confrontations with the police. One night earlier this month, officers in riot armor arrested nine activists. Sheriff Anthony Cure It's in, appeared before television cameras in the next day and alleged that protesters actually bit Two officers. It was not a productive act of political expression. What we saw yesterday was not, in the words of my hero John Lewis. Good trouble. The sheriff is a Democrat who said he opposes President Trump's strict immigration policies. But he argued that detainees are treated well in the county jail. Bergen, another nearby counties. Local officials also defend the lucrative ice contracts. They say these deals help offset property taxes and provide jobs. Puritans department gets $110 a day per immigrant it holds for ice next door in Hudson County immigrant advocates bombarded zoom meetings of the All Democratic governing board after it voted last month to extend its ice contract. 10 years. You just love that money, right? Love the money. They don't accept money where you're going, though. You all make me sick. You know what else there is A you should be ashamed of yourselves. Shame, shame, shame that was Andrew John Michael Watson and Danielle Harari. Tensions are high throughout the region. Six protesters rallying in Manhattan for ice detainees were injured after a woman drove her car through the crowd in New Jersey. Local officials filed a restraining order against activists. Even as the state senators came out against the contracts, Senator Bob Menendez called them blood money. Local leaders aren't budging. Democratic Hudson official Curry Dodd. Rodriguez points out. Some of the detainees did commit crimes, and it isn't safe to release them. Safety for me or my family is priority in 2018 Hudson Democrats actually voted to stop jelling detainees by 2020. But when Joe Biden won the presidential election, the local Democrats figured ice would no longer be is controversial. They were wrong

President Elect Joe Biden W. N. Y C. Matt Katz Bergen County Jail Frederick Body New Jersey Bergen County Carlos Gomez Sheriff Anthony Cure President Trump Puritans Department Gomez Democratic Governing Board United States New York John Lewis Andrew John Michael Watson Danielle Harari Hudson County Bergen
Seattle cancels plans to repair five bridges after costs soar 991%

Seattle Now

00:25 sec | 3 weeks ago

Seattle cancels plans to repair five bridges after costs soar 991%

"Five seattle. Bridges won't get the earthquake safety upgrades promised in a property. Tax levy passed by voters in two thousand fifteen that includes the fremont and ballard bridges and the fourth avenue south bridge seattle times reports that the total cost to retrofit. Sixteen bridges has soared to more than ten times. What officials thought it would be. S dot blames complicated repairs and underground work. They weren't planning.

South Bridge Seattle Times Earthquake Seattle
Can you deduct charitable donations?

Entrepreneur on FIRE

05:55 min | Last month

Can you deduct charitable donations?

"Are i fire nation. We're back in as promise you're going to bring on josh of cpa on fire dot com talk about can you deduct charitable donations very relevant. This time of year fire nation. So josh take it away. The most common questions get this. Time of year is how much will charitable donations. Save me on taxes right. We're getting to the end of the year. People start to look at their money. You starting get those forms in the mail to donate to charities and it's natural to wonder how much less safe will this help on my taxes and for many people especially after the tax law changes in two thousand eighteen. The unfortunately answer is those damn nations will actually save you nothing on your taxes in the past in order to deduct those donations on your tax return. You'd have to do what they call itemize. And this is just a fancy tax term but basically the irs gets you two options on that return eve. You take their standard deduction or you add up. All of their items which include things like mortgage interest state property taxes insurable donations and if that number's higher than the standard deduction. You take the itemized deduction right. There's a deep into the woods air. But that's the key to remembered itemize for standard in two thousand eighteen. They double the standard deduction which means the majority of people. I think the last. I saw something like eighty percent of the people. The standard deduction is better than the itemized deductions which means they don't do anything for charitable donations. But as part of the cares act that they pass during the coronavirus earlier this year congress changed the wall to allow bit more freedom and deducting those donations. So as many of you look at who what and how much to contribute those donation dollars. Here's a summary of how the deduction works. What donations qualify and who can take. The first thing to keep in mind is that terrible. Nations are a tax deduction credit. This means it lowers your taxable income. It is not a dollar for dollar tax savings right so just look at an example if you had one hundred thousand dollars in taxable income. Let's say you have a job where you make one hundred thousand dollars. You donated ten thousand dollars to qualify charity. And let's assume in this case that you itemize deductions you. Don't take the standard deduction those donations will reduce your tax income down to ninety thousand or it's you're paying taxes on ninety thousand instead of one hundred thousand because if you're ten thousand dollars nation they will not reduce your taxes owned by ten thousand dollars right. That's where a lot of people get mixed up. They think all right. I donated ten thousand dollars a charity. I'm paying ten thousand dollars less taxes. Not the way it works. This is very important distinction as you're going to save roughly in this case. Let's say twenty five hundred dollars in taxes. Not ten thousand okay. So always remember. It's deduction not a credit. The next important thing to look at is exactly what qualifies as a deductible donation. Just i gave money to somebody. That's a donation. There requires a donation to go to an actual five. Oh one c. Three right and that's just the term for the irs approved not not for profit organization. This means money donated to an individual or a company even if someone in dire need if you see you have a friend. Who's just they have no money they. They can't survive without these donations. You go give them ten thousand dollars. You're not going to get a tax deduction for that. In fact it could actually trigger tax liability for you as the donor right which we've talked about before the former gift tax so if an organization is asking you for tax deductible donation they should be able to clarify that. They are in fact five. Oh one c. Three in that it will be tax deductible. And if that's the case i should also issue a donation slip either at the time of donation or at year end showing what your total donation is so your church probably does this. They'll give donations a summary at the end of the year. Saying hey you contributed ten thousand dollars to a three year. Whatever it is so if you're donating items instead of cash so close to goodwill your donation amount will be based on fair market value of what you are donating right so if you donated sixteen bags of clothes goodwill you're going to have to do kind of a rough estimate and goodwill should be able to help you out here and say all right. Those those bags of clothes were worth a thousand dollars. And that's what you're deduction will be okay so you gotta make sure that the to a qualified. Irs approved nonprofit finally. What's what's changed with the cares. Act that we talk about well. Unfortunately it's not a huge change but they are offering a little bit of help for those who wanted donation deduction but they don't actually itemize so for twenty twenty. The irs is going to allow up to three hundred dollars right. And i know three hundred dollars woohoo but they're going to up to three hundred dollars in what they call above the line deductions for qualified donations. And this simply means that you can take both the standard deduction plus three hundred dollars donation all right so for the huge chunk of people that take the standard deduction they don't itemize. They still want to donate. They can do up to three hundred dollars in still take a deduction even with taking the standard deduction so again please remember. This is not a three hundred dollar reduction in taxes. It's a three hundred dollar reduction in taxable income which will save you whatever. Your tax rate is on that. So twenty i would estimate. Twenty-five percent of three hundred dollars is what that will save you everyone. They'll be a little bit different. But it's a deduction of credit right so not huge. Nothing that's going to drastically change your finances but at least a nice little bonus for those who want to make a donation but don't itemize so obviously there are far more important reasons to donate your hard earned money than the possible tax. Deductions that go with them. There's plenty of things that look at organic organizations need helping the greater good all that great stuff all the reasons you donate to charity or that does not mean you should not also look to maximize your good deeds and reduce your tax on the process. If you can get both you can get the best of both worlds. go for it thou- steps and you'll be able to get a nice donation to a qualified charity. Need an also take that tax deduction

IRS Josh Congress
Kelly Loeffler's Atlanta mansion 'Descante' mysteriously dropped in value by millions of dollars, giving her a tax cut of roughly $88,000

The Young Turks

01:45 min | Last month

Kelly Loeffler's Atlanta mansion 'Descante' mysteriously dropped in value by millions of dollars, giving her a tax cut of roughly $88,000

"Republican senator kelly law flers multimillion dollar home rapidly depreciated in value resulting in a much lower property tax bill. Now no one can explain why especially at a time when all of her neighbors property values went up She and her husband had pumped money into remodeling this extravagant mansion. And usually when you do that the property value goes up. But i'll give you the details and you decide for yourselves. If something shady is going on leffler in her husband. Jeffrey sprecher bought a fifteen thousand square foot atlanta mansion known as discount for ten point five million dollars in two thousand nine the value of the estate as praise by fulton county government officials for the purpose of calculating annual property tax stews. Remain the same for the next seven years but then something weird happen in two thousand sixteen. The praise value suddenly plunged to four point. One five million sixty percent decline. So how does that translate to lower property tax while property taxes of course are calculated based on the value of the home and if the value of the home goes up your property tax bill goes up and if it goes down of course your property tax bill goes down now. Originally they were paying two hundred thousand dollars annually to the city and county governments in property taxes. That in two thousand sixteen after their home's value dropped. They paid ninety thousand dollars since then. The appraised value of their home has risen to roughly five million. But they're still paying about eighty thousand dollars less a year than they did when they first bought their home

Senator Kelly Jeffrey Sprecher Leffler Fulton County Atlanta
Chicago city council to vote on Mayor Lori Lightfoot’s 2021 spending plan

Securing Your Financial Future

03:06 min | 2 months ago

Chicago city council to vote on Mayor Lori Lightfoot’s 2021 spending plan

"This week, the Chicago City Council will vote on Mayor Lightfoot's pandemic budgets for 2021. Lawrence. It's got a $94 million property tax. I can it. What do you think of this? Been spending plan? Well, they were. I mean, you have to put it in the context of what the mayor faces and what the city of Chicago faces right because of the economic uncertainty and disruption that is Um the pandemic has caused. There are very little options that are easy for the city to implement. The property tax increase was not something that, um, the Civic Federation initially was, you know, thrilled about but it is a relatively modest increase. Um, that is the city had indicated was necessary in order to prop up their ongoing Financial position and to show that they could that there was new revenue coming in concerned now that the property texts increases being targeted toward a capital plan that has been not been fully vetted or articulated. The city doesn't need capital improvements, but it needs a comprehensive plan in this very Tough economic time before it spends any money or prioritized prioritizes capital spending. The mayor had has a reasonable approach to this budget. She's trying to maintain the city's both its financial position. She's not getting any help from Springfield, which is not even operational in terms of the General Assembly hasn't met since May. Hope is that the federal government will be providing some revenue support in the form to not just the city in the state of Illinois. But all states once the a Biden administration comes into office, or the U. S. Senate decides to go forward with some local government assistance. Now, if Washington does come through, Is there any piece of the pandemic budget from the mayor that can be reduced cutback? Maybe from definitely the mayor's people are saying that if they get significant revenue support from Washington, they will not be borrowing us much money. They will be not trying to use his what's locally called scoop and toss, which is where we're restructuring our debt by pushing it out. In order to provide budgetary relief to the to this year's and last year's budget and the clothes last year's deficit, So the Civic Federation is strongly supported the need to provide temporary relief to states and local governments during the pandemic so that they can continue to operate so that they can support the businesses and residents that need this support so we can get through the economic disruption, but it's unlikely that that level Support from any administration is going to be enough to avoid the real crisis in terms of Chicago's finances, which are it's overwhelming pension liability and tied to its high level of debt. Do

Civic Federation Mayor Lightfoot Chicago City Council U. S. Senate Lawrence Chicago Springfield General Assembly Washington Biden Federal Government Illinois
Chicago's Cook County officials extend deadlines for tax payments

WBBM Early Afternoon News

00:35 sec | 2 months ago

Chicago's Cook County officials extend deadlines for tax payments

"To extend the deadlines for next year's property tax payments because of the pandemic area. Pappas got the Cook County Board to allow property owners to pay their tax bills this year up to two months late without being charged interest, she says about 200,000 property owners took advantage of the extended deadlines, she says. It's unclear when the pandemic as well as the financial hardships many cook County residents are facing because of it will end they are in a crunch for money because many people have been laid off. Furloughed let go purposes. The county board has scheduled a special meeting in a couple of weeks to consider her request. Jim Goddess

Cook County Board Pappas Cook County Jim Goddess
Lightfoot’s proposed Chicago property tax hike plan clears City Council hurdle

CBS2 News Chicago

00:16 sec | 2 months ago

Lightfoot’s proposed Chicago property tax hike plan clears City Council hurdle

"A clear indication that property taxes are going for chicago homeowners. The finance committee approved a ninety. Four million dollar hike. The full city council still has devote but that could happen as soon as next week. The city is trying to shore up a one point. Two billion dollar budget shortfall.

Finance Committee Chicago
Los Angeles - California Voters Reject Prop 15's Effort To Revise Commercial Property Tax Rules

KNX Evening News

00:22 sec | 2 months ago

Los Angeles - California Voters Reject Prop 15's Effort To Revise Commercial Property Tax Rules

"15, which would have removed property tax protections for commercial properties has been narrowly rejected. As of tonight, at least 51.7% voted against the measure. Supporters of proud 15 argued a tax increase on commercial properties would make corporations pay their fair share, but voters appear to be reluctant to raise taxes during an economic downturn. California's heading back

California
The Refugee Crisis: We Have To Do More

Immigrantly

06:06 min | 2 months ago

The Refugee Crisis: We Have To Do More

"Chris. Thank you so much. For coming onto this podcast. Thank you for having me. I'm so excited to learn about your work Get your perspective on some of the current issues in this country right so i feel like if we talked about the shoes. The issues will disappear somehow. And we'll also talk about your upbringing. What sort of forces you think got you where you are right now so it. It's a it's a laundry list. We'll see if we can get through at least the important bots so i will start with what did do before you were the ceo and president of russian immigrant and refugee services. And what led you to your current role. Yes so. I served in the obama administration for five years. I was a senior adviser at the state department for three and then at the white house Servings policy director to first lady. Michelle obama for two After i came out of the white house. I actually thought that i was finally going to get a little bit of a break Moment catch my breath. But i actually ran for governor of maryland in two thousand eighteen election. Okay so let's talk about your role as policy director for first lady michelle obama. What did any initiatives that. You're most proud off during your tenure there. yeah Let girls learn was the first lady and president obama's joined international initiative it was the only international initiative that michelle launch while in the white house and i was especially proud of that program because it was very personal to me. My mother came to the us as a teacher ambassador She had me when she was forty. Two she got her phd when she z. To and so girls and women's education Had always been an issue that You know my mother cared about the chain grain. Did me as her daughter The opportunity to work on global girls education around the world but also here at home in the us. was an opportunity of a lifetime Sad to think that still today we have sixty two million girls who are not getting an education in terms of a secondary education and that is due to barriers ranging from cultural ones to menstruation to economic factors and so that opportunity to launch on the initiative. Which is actually The one shift. She really is singularly focused on now in her post white house. Life i think reflects the importance of it And its legacy krishnan talk about good education. At least i think of education for goods in developing nations right. i grew up in pakistan. So that's the first thing that comes to my mind but what does lack of education or lack of access to education look like in america and what are some of the challenges that people face in the us and don't talk about as much. Yeah i mean. I think some of the communities that we spoke to. Who were you know. Domestic americans were sometimes shocked to think about how this is an issue that was at home We have thousands of girls who drop out of school. Some of them return some of them. Don't a many of the reasons we see here in the us or related to who Economics a child who i started working after school and just to help the family A single parent be able to pay rent every month. Turns out that you know. Maybe the mother ends up losing her job and so the girl has to take on a full time job You know in some cases You know this is rarer but we do still have some cases of where girls education is not valued as much as the voice and so you know. The child will initially be homeschooled You know you still have parents who are fearful of sending their girls to school But that ends up. Meaning that the standard of homeschool is not adequate. And so if we actually were to apply tests You know that are a kind of a national standard. We couldn't say that. They actually completed their secondary education. And it's sad to think that arguably the us's the leader of the free world and yet we are still not able to educate oliver girls. This is so interesting and you bring up disparity between girls and boys education which to me is a total surprise when it comes to the us. Again i think of histon right. That's my reference point. And i do understand their cultural reasons for why people in pakistan specially boo hoo economically challenged would probably prefer boys to have education because of limited resources right. But i'd never thought this was happening in the us as well. Why don't we talk about it as much. Yeah i mean you know. There are some great groups that are exclusively focused domestically like a girls inc. Their focus is particularly city centers. Because that is where we see it more but honestly you can also see it in rural areas as well but the truth is here in the us. We feel as though you know. We've solved our education issues. Even the disparity in our educational systems that applied to both girls and boys that is driven largely by how we fund school. It's driven by property taxes right and you don't wanna talk about the fact that we have stepped away from this idea of education as a civic good

White House Obama Administration Michelle Obama United States State Department Chris Krishnan Maryland Michelle Pakistan Barack Obama Girls Inc. Oliver
Los Angeles Voters Approve Measures Expected To Support Local Schools

KNX Midday News with Brian Ping

00:39 sec | 2 months ago

Los Angeles Voters Approve Measures Expected To Support Local Schools

"District now celebrating the overwhelming approval by district voters of Measure R R. Earlier this morning, Superintendent Austin Buechner thanked voters $7 billion bond measures designed to provide the district with a steady flow of money to improve its facilities and technology and increase safety measures amid the covert 19. Pandemic. Backers of the measures say the funds will also remove his best is protect against earthquakes and water quality hazards and replace aging classrooms They measure will raise the needed funds from property taxes received support from nearly 71% of voters. Number of ballots still need to be counted, but they're unlikely to impact The outcome to seats are open

Superintendent Austin Buechner
New York - New Jersey Residents Vote To Legalize Recreational Marijuana

Morning Edition

00:18 sec | 2 months ago

New York - New Jersey Residents Vote To Legalize Recreational Marijuana

"New Jersey voters have approved three ballot questions. Those include the legalization of recreational marijuana, a new property tax deduction for veterans and the delay on redistricting based on census data that comes in after February. Of next year. Lawmakers will now set rules for how the state regulates the sale of

New Jersey
Los Angeles, California votes on Proposition 22: Gig Worker Employment Rules

KCBS 24 Hour News

01:47 min | 2 months ago

Los Angeles, California votes on Proposition 22: Gig Worker Employment Rules

"California's did their part for Biden. There's a lot else going on. Besides the presidential race, Of course, we've got 12 state propositions on the ballot will get those results starting in about 15 minutes. Including the most expensive battle in the history of California initiatives over the future of many gig workers in case CBS reporter Kathy Novak joins us live Now, with more on that as a good that would be the battle over Proposition 22. More money spent on it than on any other proposition. In California history. Most of it about $200 million came from gig companies, including Uber and Lift. They want to see their drivers exempted from 85. That's the labor law that requires those drivers to be classified as employees instead of independent contractors, And if that were to happen, it means they would be eligible for benefits that is sick leave and unemployment insurance now putting it simply opponents of props 20 to say drivers should be entitled to those benefits and protections. Supporters of the proposition, though, say it will allow drivers to maintain their flexibility and that they'll still get some benefits. Not all of them carry who the second been reporting on this, and she will have more on the issues of the yes and on the no side. And as you say, we should start seeing early results shortly, and other proposition will be watching closely is probably 15. That would remove a property tax break for businesses that have been in place since 1970 eights prop 13 you've passed that's expected to generate more than $6 billion.40 percent of it going to schools and colleges. Prop 16, which would reverse event on affirmative action. There are three criminal justice related propositions on the ballot, including one that would add in cash bail. Also voting on funding for stem cell research, giving votes to some 17 year olds and also proposition 21 on rent control. So a lot there, Doug results shortly for now, back to you.

Kathy Novak California Biden CBS Doug
Property Taxes (MM #3508)

The Mason Minute

01:00 min | 2 months ago

Property Taxes (MM #3508)

"The Maisonette with Kevin Nation. There are those moments when you feel like you're an old-timer I mentioned the other day when my father turned 85, that's one of them today. I'm feeling that way as well too long for a completely different reason Nashville is having a property tax fight right now property taxes have been raised 34% this year in Nashville, because well the County government hasn't done a good job of managing their budget over the years because of all the rapid growth in Nashville. Somebody's got to pay for it. Now. We don't own a home right now. So in theory, we don't pay property taxes, but as you and I both know if you rent you're going to pay the property tax to cuz you're going to pass the cost on to us, but it's fascinating to watch it makes me stop and think just how old I've gotten cuz I'll be honest with you in my twenties and thirties while I didn't own a home then I didn't care about property taxes. Those things were for old people not people like me fast-forward way too many years down the old people Nashville has a group of people that want to fight the property tax increase when a drop it to 2% That's a big huge drop already the city's threatening garbage services and Recycling and all those kinds of things. I'm following closely. I'm an old-timer. That's what we do offer.

Nashville Kevin Nation County Government
Property Taxes (MM #3508)

The Mason Minute

01:00 min | 2 months ago

Property Taxes (MM #3508)

"The Maisonette with Kevin Nation. There are those moments when you feel like you're an old-timer I mentioned the other day when my father turned 85, that's one of them today. I'm feeling that way as well too long for a completely different reason Nashville is having a property tax fight right now property taxes have been raised 34% this year in Nashville, because well the County government hasn't done a good job of managing their budget over the years because of all the rapid growth in Nashville. Somebody's got to pay for it. Now. We don't own a home right now. So in theory, we don't pay property taxes, but as you and I both know if you rent you're going to pay the property tax to cuz you're going to pass the cost on to us, but it's fascinating to watch it makes me stop and think just how old I've gotten cuz I'll be honest with you in my twenties and thirties while I didn't own a home then I didn't care about property taxes. Those things were for old people not people like me fast-forward way too many years down the old people Nashville has a group of people that want to fight the property tax increase when a drop it to 2% That's a big huge drop already the city's threatening garbage services and Recycling and all those kinds of things. I'm following closely. I'm an old-timer. That's what we do offer.

Nashville Kevin Nation County Government
Property taxes doubled in Chicago-area county over the past 20 years

Wintrust Business Lunch with Steve Bertrand

00:27 sec | 2 months ago

Property taxes doubled in Chicago-area county over the past 20 years

"Cook County Treasurer Maria Pappas has released a new study about property taxes it just the county's tax bills basically doubled over the past 20 years Purposes. Office says that the doubling of tax bills is nearly triple the rise of the cost of living index. Total tax bills in the county increased 99% over the last two decades, while the cost of living rose just 36%. The study examined tax bills on the county's 1.7 million parcels of property.

Cook County Maria Pappas Treasurer
Chicago, Cook County Study: Property tax growing faster than inflation, incomes

WBBM Morning News

00:44 sec | 2 months ago

Chicago, Cook County Study: Property tax growing faster than inflation, incomes

"From the Cook County treasurer, says people who pay property taxes Have been taking a much bigger hit over the past two decades. W BB EMS ROB Heart With the the details. details. Report Report from from Cook Cook County County Treasurer Treasurer Maria Maria Path Path has has found found the the county's county's property property tax tax bills bills virtually virtually doubled doubled over over the the last last 20 20 years. years. Study Study says says that's that's triple triple the the increase increase in in the the cost cost of of living living during that time in Chicago. Taxes on residential properties increased 164% since 2000 in suburban Cook County. Total residential taxes jumped 116%. Pat. The study analyzed total property taxes build by Cook County's 135 villages, Cities and 2200 local government agencies. You can look at the tax history of your home at Cook County treasurer dot com.

Cook Cook County County Cook County Treasurer Maria Maria Rob Heart PAT Chicago
"property taxes" Discussed on Bay Curious

Bay Curious

05:15 min | 3 months ago

"property taxes" Discussed on Bay Curious

"First of all the way the law is written if you're properties worth less three million or less, it's not going to be affected at all but here's the caveat if you own, let's say you own four pieces of property that are worth two, million dollars each. That's eight million dollars, and so then those properties would be reassessed. They look at what is the total holding of the the person who owns it not just any single property but what's the total that they own and if it's above three million, then it would. It would, in fact, trigger a reassessment and what about agriculture? Agricultural Land is exempted from from the so just as residential property is a property is but you know this is opposed by the farm bureau and it's opposed by a lot of agroup S- because they feel that although the land itself may not be reassessed that things like apple trees or grapes or Haman trees. Improvements that they make to the property that that could trigger a reassessment so they don't quite believe. That in fact, farms and ranchers will be held harmless Scott I know one big question that people will have is, how will these changes impact homeowners? Well, that's a good question and the answer is it doesn't affect homeowners at all. Those rules for property taxes will be exactly the same as they are now. So that won't change at all. All right. Let's now get into who is supporting profit teen and why well, this measure was put on the ballot by unions organized labor in particular the Teacher's Union, they've put a lot of money into this and part of the reason is that. Prop thirteen back in again forty two years ago really reduce the amount of money that was going to schools because property tax money goes to school districts and so teachers unions feel that because of you know large class sizes inability to hire teachers because of the cost of living in California that all these things mean that that this infusion of money that would come from prop fifteen would really be good for for schools you know and it's it's also being. Endorsed by a long list of prominent Democrats including Governor Gavin newsom who endorser recently. Joe Biden. Kamala Harris Bernie Sanders has weighed in he supports it a number of local mayors like London breed and libby chef, and there's some sort of advocacy groups like the Sierra Club and the ACLU that also endorse prop fifteen who is opposing the perhaps so far well, not surprisingly it's It's business groups the Chamber of Commerce Black and Hispanic Chambers of Commerce sub the Republican. Party And of course, they're saying look we're in the middle of a recession. It's hard enough to do business in. California. Already with regulation and other kinds of taxes and now you WANNA raise taxes on businesses at at a time when. So many businesses are just struggling to keep the doors open So you know that that's an argument that they're making now because of the economic situation now, if it'd be interesting to know we will never know but you know what would their argument be if the pandemic hadn't happened and the economy was still roaring? But as it turns out, it's a pretty good argument for some voters given that you know the economy is in fact struggling. I don't think people will be surprised but because there is so much money on the line here that also means that this is shaping up to be one of the most expensive props that will be voting on this year. Tell us a little bit about the campaign finance and how that says shaken out so far. So as of late September early October, the Yes side has raised a little bit more money forty, million, roughly thirty million for the No side. So they're pretty evenly funded. The thing is it's hard to break through to voters in this climate where we've got so much focus on the presidential election, the pandemic, the Supreme Court wildfires, and so what we've seen actually in some recent polling is that there's an unusually high level of undecided voters because they they don't know much about these ballot measures because it it just don't. Time in the day really to learn about so many things especially when you're people you focused on and preoccupied with other things. Yeah. There's a lot to be focused way too much. Well, skullshaver. Thank you so much for stopping by really appreciate you walking us through this one. Yeah, always happy to talk to you. Vote Yes. On proposition fifteen says barring some exemptions you commercial and industrial properties taxed according to their current market value rather than their original purchase price. Novotna means things stay the same and properties should continue to be taxed based on their purchase price with annual increases equal to the rate of inflation or two percent whichever is lower. We'll be back on. Monday with our episode on proposition sixteen, which is about affirmative action in the state of curious fast is produced by Katrina. Schwarz wraps bait and me Olivia Allen Price with a big assist. From the whole cake you d newsroom you can find more of their in depth coverage at k. q. e. d. dot org, Slash Elections Bay curious made it member supported Eighty in San Francisco, if you're finding crops helpful, do us a solid and share it with a friend thanks so much..

California Governor Gavin newsom Joe Biden farm bureau Kamala Harris Bernie Sanders San Francisco Teacher's Union Scott apple Chamber of Commerce Katrina Schwarz Olivia Allen Sierra Club Hispanic Chambers of Commerce Supreme Court ACLU
"property taxes" Discussed on Trump, Inc.

Trump, Inc.

01:44 min | 11 months ago

"property taxes" Discussed on Trump, Inc.

"<Music> declined <Music> to comment <Music> <Music> <Music> <Speech_Music_Female> after nine eleven <Speech_Female> federal <Speech_Female> law enforcement agencies <Speech_Female> focused <Speech_Female> <Advertisement> on fighting terrorism <Speech_Female> <Advertisement> in <Speech_Female> <Advertisement> City Hall. <Speech_Female> There was real fear <Speech_Female> that businesses <Speech_Female> would abandon the city. <Speech_Female> Property <Speech_Female> owners got <Speech_Music_Female> <Advertisement> tax breaks <Speech_Music_Male> <Advertisement> <SpeakerChange> not <Speech_Music_Male> scrutiny <Speech_Music_Male> and then of course <Speech_Male> trump seize <Speech_Male> the moment <Speech_Male> to piss <Speech_Male> off both the city <Speech_Male> and the real <Speech_Male> <Advertisement> estate industry <Speech_Male> <Advertisement> by filing <Speech_Male> <Advertisement> a lawsuit that said <Speech_Music_Male> <Advertisement> well. <Speech_Music_Male> I <Speech_Male> had to pay higher <Speech_Male> taxes <Speech_Male> because <Speech_Male> <Advertisement> all these other <Speech_Male> <Advertisement> is cut some <Speech_Male> <Advertisement> kind of crooked <Speech_Male> deal <Silence> <Advertisement> to get <SpeakerChange> lower taxes <Speech_Female> <Advertisement> <Speech_Female> <Advertisement> in an interview with <Speech_Music_Female> <Advertisement> the New York Times Charlie. Bagley <Speech_Music_Female> <Advertisement> <Speech_Female> <Advertisement> trump called the scandal. <Speech_Female> <Advertisement> Perhaps <Speech_Female> <Advertisement> the greatest <Speech_Female> <Advertisement> bank robbery <Speech_Female> <Advertisement> in the history of America <Speech_Female> <Advertisement> <Speech_Music_Female> <Advertisement> trump said it <Speech_Female> is impossible <Speech_Female> for any one of <Speech_Female> those property owners <Speech_Female> <Advertisement> who used Schussler <Speech_Female> <Advertisement> not <Speech_Female> <Advertisement> to have known what was <Speech_Music_Female> <Advertisement> going on. <Speech_Music_Female> <Speech_Music_Female> He also said <Speech_Music_Female> I'm getting <Speech_Female> ready to bring a major <Speech_Female> lawsuit against <Speech_Female> all property <Speech_Music_Female> owners whose taxes I <Speech_Female> was funding because <Speech_Female> I was honest and <Speech_Female> used legal channels. <Speech_Female> The other <Speech_Female> people used illegal <Speech_Female> channels <SpeakerChange> <Speech_Female> and got better results. <Speech_Female> <Speech_Female> <SpeakerChange> <Speech_Female> Trump's companies did <Speech_Music_Female> file a lawsuit <Speech_Female> against the <Speech_Female> city. It said <Speech_Female> quote. <Speech_Female> The corrupt practices <Speech_Female> of these department <Speech_Female> of Finance employees. <Speech_Music_Female> <Speech_Female> Meant other property <Speech_Female> owners unfairly <Speech_Female> got <Speech_Female> better rates than him <Music>

"property taxes" Discussed on Trump, Inc.

Trump, Inc.

05:39 min | 11 months ago

"property taxes" Discussed on Trump, Inc.

"I'm back with Catherine Sullivan and PROPUBLICA. 's Heather Vogel. So here's what we know. Eighteen tax assessors were indicted in a scheme to take bribes to lower taxes. Frank Valvo who spoke with us on tape was one of them. Three men senior to Valvo in the scheme at Schussler. Joe Moreno and Tom mcardle have since died. No property owners were charged and the name trump did not surface in public legal documents. So Frank Valvo describes his vivid scene in the municipal building in New York City where his colleagues come in and they say we got trump but this was not something that Frank Valvo was directly involved with. So let's walk through it Catherine and Heather. What do we know about what actually happened? We talked to six people including Valvo. Who told us that? The trump organization benefited from the bribery scheme. Four of those people were other city employees who worked with Frank Valvo and two of those four employees had direct knowledge of trump. Org Buildings being involved they said they actually changed assessments for companies properties. You attempted to contact every living assessor. Who'd been convicted of the scheme? Some of them declined to comment but other ones. What just didn't respond to your requests right. Multiple requests so. Let's start with the first individual you spoke with and this is somebody actually that you spoke to very early on in your investigation. What did this person tell you? And how is he in a position to know it so this is a former city employee and I spoke to him anytime on the phone. met with him a few times and he had a very specific details about working on some trump organization properties including the forty. Wall Street building. So what would you say what happened? So he would meet. With a number of middlemen he called. Bagman one of those middlemen. Was Tom mcardle. Who We've heard about from Frank Valvo and he would meet with these middlemen at diners restaurants often for breakfast and they would give him an envelope of cash either under the table. Sometimes Lee on his chair never passing it to him over the table under the table. Which is like. It's like a metaphor right. It's actual money under the table right literally underneath the table so as not to draw attention and he said at one of these meetings with one of these middlemen. He opened the envelope and he asked for more money. And the middleman responded. Donald thinks. You should be doing this for free. And what did he understand that? Who's supposed to be doing with these envelopes of cash? Look what was his understanding of what these envelopes of cash or for he understood that he was taking the money to change assessments. Four Forty Wall Street in a favorable way for the trump organization. So that's number one heather. You spoke to another city employee whose job it was to set assessments for properties including trump work properties and he described similar scenes. He was someone who was also in charge of setting the assessment for Forty Wall Street though at a different time and he recalled meeting with Tom mcardle at restaurants diners and that during those meetings that he would be passed. Cash in an envelope discreetly and he also remembers being given a list of properties that were the ones he was supposed to fix and he specifically remembers Forty Wall Street being on that list at a time when the trump organization controlled it. So that's two people with direct first hand knowledge. What other corroboration do we have? So we spoke to other employees at the assessors office. Who said they also knew that trump organization properties were involved. One of them remembers hearing talk about the assessment for trump or property being lowered in exchange for bribes and I spoke with someone who said that yes. He remembered that. At least one of trump's properties was involved but he declined to provide any more specific information and he was somebody who other people had mentioned as being in a position to know one way or the other. So we have Frank Falvo. We have two people who said that they personally took bribes as they understood it to lower among others trump organization property tax assessments. Then we have two more people who worked in the office. At the time who said they had also heard of trump organization properties being involved in the scheme and then heather us spoke to someone who used to work at the trump organization. Right exactly so this would be somebody who would be aware of this from the other side and what he told me was that he remembers. Donald Trump setting up a meeting between mcardle who we discussed as one of these middlemen and an employee of the trump organization and in that meeting my source said Tom mcardle received a check from the trump organization and he also received some financial information on the Plaza Hotel which the trump organization owned at the time and that that information source called it quote bogus as in the numbers had been somehow tampered with and that that was information that was given to mcardle to be passed on to the assessors to help them. Lower the assessments so you were told. Donald trump personally meaning and therefore allegedly knew about it. Right we don't know what exactly Donald Trump about the meeting that the trump org employees described.

Donald Trump trump Frank Valvo Tom mcardle Valvo Catherine Sullivan Heather Vogel Frank Falvo Org Buildings Joe Moreno bribery New York City Plaza Hotel Lee
"property taxes" Discussed on Other Side of Texas

Other Side of Texas

03:57 min | 2 years ago

"property taxes" Discussed on Other Side of Texas

"And a lot of those districts through twenty eighteen should light up the caution life for significant number of candidates, mainly on the Republican side. But also on the democrat. Yeah, have women lined up those cautionary lights though. Well, you know, I mean, the the voters have a proclivity to you know, split the ballot. You know, we're going to have, you know, if you're in a district where the average statewide Republican one, you know, the Greg Abbott's one or the and Patrick's, you know, whoever those guys one, but where bets a work one or where Hillary Clinton one you're looking at a bunch of voters who are capable of building for Democrats and Republicans all at the same time, and that's not the same as being in a democratic district or a Republican district. So you already know that those voters are potentially on the fence, and you know, you either adjust to that or you, you know, you adapt to that. Or or somebody else comes in and adapted better. You know, I don't know how it's gonna come out. I just know that there's a a watch list now. And you know, when we. Closer to the election. You'll see who did the best preparation for for the little storm had did the worst. Yeah. Yeah. Ross Ramsey executive editor of the text being with us. I'm a little disappointed so far as somebody sits microphone and talks about what's going on day today in the legislature. It was much shall say sexier in eighty fifth legislature back in two thousand seventeen then it is now Ross that's just moan view the ideological divides were much sharper than they are now. And it doesn't seem like much is going on. It's like, what do you wanna talk about in Texas politics? Well, let's just talk about property tax reform, which is not nearly as good as talking about bathrooms back a session ago. But where control of the next Texas legislature will be decided where? Will it be decided were we see the issues in this legislature? That is watch it play out over the next four months. You know, I think a lot of legislators would stand up and clap at what you just said, you know, they don't wanna look like they're fooling around or that. They're doing something silly. And they're doing it just to get attention. They wanna look like they're actually doing something not a number of these folks have told me that one of the missions for them. This session is to look like the opposite of washing and not to look silly to look like they're doing serious work. They can get something done on property taxes on school finance on school safety on hurricane Harvey on things like that what they call meat and potatoes or bread and butter issues. I think they'll count that as a win. And I think the ones who were nervous about getting knocked off by voters who are tired of silly people in government are going to be you know, they can pull that off in the session. That's going to be a win for them. And the fact that you, and I are bored 'cause, you know, journalists by promoters, the fact that you, and I are bored doesn't really matter to them. But they look to the voters like they're doing a serious. Good job. You know, they're betting that the voters will reward them for that. And in my your calculation or they doing serious job right now. Ross ramsey. I think we're early, you know, the legislature always takes a long time to really get going into really get the debates going, and we're just at that point of the legislative committees are really just now firing up. We're starting to see real conversations about exactly what he wanted the property tax Bill. I think we'll see the school finance Bill next week. And I think we'll see a lot of debate..

Ross ramsey Texas Hillary Clinton Greg Abbott executive editor Patrick Harvey eighty fifth four months
"property taxes" Discussed on Other Side of Texas

Other Side of Texas

03:04 min | 2 years ago

"property taxes" Discussed on Other Side of Texas

"What's that about Ross in went? Can we expect coming up? What we do in November. You know, how the candidates did on the ballot? So you know in November that Greg Abbott beat Lupe Valdez in Texas by a good number of those. And you could even look at that on a county basis because that's how are are reported. But it takes a while for them to crunch the numbers to say, you know, what happened in the abbot. They'll does race in this Senate district and that Senate district or this house district in that house district. What was really happening and all the all the little different lyrical, micro climates around the state now, we have those numbers, and you can look at those. And you know, they they they say some things that you would expect you know, a lot of these races were closer than people expected. But when you get down to the district level, there are a lot of members of the legislature, for example, who are Republicans who were elected in districts where statewide Republicans won. By very small amounts where that's a work big Ted Cruz, and or wear Hillary Clinton beat Donald Trump a couple of years ago. And when you're making a when you're putting together a political strategy from whichever party from whatever you're doing. You wanna look at those numbers to see where the soft spots and the other person's in the other RT's armor are so you can go forward. Then it really, you know in those numbers became available. You know political nerd, and I love those spreadsheets and jump in there and see what you've got, you know, the easiest way to talk about this is there, you know, about a fifth of the seats in the Texas house are depending on the candidates and the climate in twenty twenty gonna be contestable where under the particular circumstances, either the Republicans or Democrats win. That's a big swing? Uh-huh. Yeah. So play out though, you do some forecasting here. You put on your Tim russert hat and bring. Out the board. Not yet. I want you know, I mean what you're watching right now is how the and I'll tell you why the Texas legislature is in session, and they're about to make a bunch of tough decisions on things like property taxes and school, finance and school safety, and this and that and the other thing, and they're going to be doing that with their own analyses of these kinds of numbers trying to figure out what the people that they represent are thinking, whether those people have changed their minds about things what twenty twenty might look like, and you know, in the best sense of it. They're trying to watch their voters and see what it is. They should be doing and correct their courses. And so you get to the end of the session, and you see how they've actually voted and done on these things and we've got a little bit more time under our wings with the new members of congress and some of the old members of congress. You don't really know what kind of shape they are going into those races. What you do know is that the climb..

Texas congress Senate Tim russert Ross Ted Cruz Lupe Valdez Hillary Clinton Greg Abbott Donald Trump twenty twenty
"property taxes" Discussed on The Property Podcast

The Property Podcast

02:02 min | 3 years ago

"property taxes" Discussed on The Property Podcast

"The reality is the cash in your pocket is going down because the prophets you're actually make use the same but you'll get it'd be disclosing higher profits on your tax return which will attract more tax so the thing is it's like having a low the costs and in h marcy said all you do that cost that you've always claiming your tech to get you can't do that anymore so that means that you'll profits are going up your tax is basically going up as well now you may think to yourself it's okay i'm no high right pay because i earn more or less than forty five thousand pounds well think again make sure you've got this right because you may earn less than forty five thousand pounds now puts if you take away the mortgage interest as i've seekonk came anymore just look at how much you earn so let me give you a quick example this opposing un forty thousand pounds every year but that's after you deduct ten thousand pound interest well now you've got to disregard a ten thousand pound interests and added back so effectively you now earnings fifty thousand pounds which means you are dragged in to the higher right threshold and that's going to be happening to a lot of people so the big dailies making sure that you know where you are all your high right pay or all your basic repair if you're a basic right pyre are you truly are discarded mortgage interest you definitely basic rate is nothing to worry about there's no changes you can deduct interest it's totally fine if your high right pair you conduct mortgage interest anymore it means you're profit is now up you cash is the same your taxes going up as well so we need to be looking at what we can do to mitigate this so what can you do to mitigate this one thing that a lot of people seem to be doing is moving into a limited company yes the question becomes what do you do on future property and what you do on you cover and property so all all of the first one first because it's easier if you'll still going to be buying by so let's there is a huge.

marcy forty five thousand pounds ten thousand pound fifty thousand pounds forty thousand pounds
"property taxes" Discussed on The Property Podcast

The Property Podcast

02:02 min | 3 years ago

"property taxes" Discussed on The Property Podcast

"It's such a big subjective fact accompli regardless bob without silicon about it but mortgage interest relief it's what everybody's getting confused over two everyone's really in a conundrum over of what to do with this change first of all can you explain what it is police but also can you start sagay people what really should they do what the first steps they should be taking yeah i mean if you are worried or thinking about this change the mortgage interest then you need survey because this is a massive as the is the biggest change in property tax forever and essentially the big things to cut through everything is essentially you will pay more tax that is the thing and if you do nothing you'll will pay more tax lies the situation now what is actually happening right mortgage interest mortgage interest on mortgages on your properties were up until now tax deductible and what that means was when you did your tax return you could put in your rental income and you could put down the cost of your mortgage interest now for some property investors if they had 100 percent interest only mortgages they could actually deduct the full cost of their interest against their income now essentially you can't now there's a few caveats that the first one is yukon if you're higher rate taxpayer thereby higher rate tax pyre i mean you're earning over forty five thousand pounds that's the high rate threshold of the moment a lot of people will be because property investors generally either have another income be employed or business income be self employed business ability company and they use their ix the cash to buy property so this is going to affect a lot of people now the chancellor says this would only affect one in five people it seems low to me because really if you're pops investor you tend to be higher right pays if you're high right pair that essentially means you cannot deduct mortgage interest from your costs anymore that means that your profits per your tax return are going up.

property tax chancellor self employed forty five thousand pounds 100 percent
"property taxes" Discussed on The Property Podcast

The Property Podcast

02:04 min | 3 years ago

"property taxes" Discussed on The Property Podcast

"Is essentially vat so if you've got professional fees in the runin of your rental income business you were said she pay vat on those as well and if you're a limited company rather than pay income tax on the profits you pay corporation tax so essentially it's the same sorts of principle your rental income minus your costs seques you profits that's what you pay corporation tax on tuesday ideas the income tax daily twist with limited companies is actually you end up paying corporation tax and the prophets but when you take money out of the limited company you could still pay income tax why call the dividend tax sotexo new dividends you do get four thousand pound free at the moment but ultimately you would pay more income tax so so far we've got income tax corporation tax capitalgains tax vat and the other big one missing out which everyone is in proximus will pay a stamp duty stamp duty land tax so essentially he pay that when you buy properties and as you probably know since the beginning of vapo 2017 stem chewed his gone up with an additional three percent on everything so generally it's very difficult to get round stand djibouti space if you buy something lower than forty thousand pounds there'll be no stem juicy but anything over that they'll be a minimum three percent and five percent over properties worth twenty four thousand ravea so there's the five taxis that you pay and russell if that wasn't enough and i thought his plenty of tax reform that wasn't enough than some people also have to take into consideration especially if the built and wealth inheritance tax are inheritance tax okay this is one that most people worry about but in reality only one percent of the population will actually pay and the reason for that is if you are married what we did not marriage you get three hundred twenty five thousand pound free of inheritance tax but if you're married you doubly up and you get six hundred fifty thousand pounds and that's actually.

income tax djibouti russell three percent three hundred twenty five thou six hundred fifty thousand pou forty thousand pounds four thousand pound five percent one percent
"property taxes" Discussed on The Property Podcast

The Property Podcast

02:02 min | 3 years ago

"property taxes" Discussed on The Property Podcast

"I won't be the last time russell smith the russell janke play much for joining us we know that you've got to pay tax on the money you make and property we kind of reconciled ourselves with that but it's worth just starting with the real basics like what types of tax are they need to pay lots of taxes income tax cooperation ties capital gains tax inheritance tax what the property investors have to pay and it was time to they kick in yes show say against the main property tax that you pay depends on whether you've got property in your own name or pops helium z company so i'll start with property in your own name if you go popped in your own name you're going to be paid income tax you'll pay on your profits from your rent okay so you could have rent rental income monitors your costs on that will equip a profit and that's what you pay tax on on that income tax that generally speaking you pay income tax as a proxy messed up on the 31st january however if your tax bill is over a thousand pounds you end up paying eight twice a year once on search vessel january at once on the search postage alive said kind of half each for the whole year absurd income tax the other big tax that you'd pay as an individual investors capitalgains tax their capital gains tax happens when you sell one of your properties so not you primary residence per se where he partner lets you pay capitalgains tax and essentially capital gains tax on the prophet all tech which them gain of the probe of the property so essentially is the cells proceeds of the property sale minus your original cost iguazu gain and the you basically pay capitalgains tax on that now you actually pay capital gains tax from the same time that you pay income tax so so essentially it's is kind of worth worth planning for but in terms of the actual level that you pile capital gains tax is actually 28 percent if you're high right pair an eighteen percent of your basic repair so that's capitalgains tax now the other texts that kicking.

property tax income tax partner russell smith capital gains eighteen percent thousand pounds 28 percent
"property taxes" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

01:37 min | 3 years ago

"property taxes" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"Tax that it can be a challenge to even find out how much is the property tax all imports that correct it well we've been we've been receiving emails every bonnie to jeff those things with coop board this week and from a practical perspective a coop board is is too if the 2017 monthly bills as you're pointing out are going to be fairly the same as 2018 and actually might be more might be easier to send checks in this case you're talking about a coop board coop where would have a treasur uh i homeowners unit holders until or it could could cut checks to that individual person is treasurer that actually might even more e scenario but but pain twelve months in advance uh could also be allowed because this is the stick the terminal liability it's under the agreement with the coop and the resident you know that's that's a bona fide death that's an obligation right and he in as it's known now you could pay that in december and have a tax deduction of us you and you're gonna be busy for the rest of the week if nox address of twenty eight to name it was just the week pam it would be fine cannot last long that indeed it is always taxes thanks very much a tim species partner in charge of personal wealth advisers group for eisneramper and of course you can follow them on twitter at eisneramper telling us about how to attempt to prepay you're 2018 property taxes for that deduction.

property tax bonnie treasurer partner twitter property taxes jeff twelve months
"property taxes" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

01:53 min | 3 years ago

"property taxes" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"Welcome to the bloomberg pno podcast i'm pimm fox along with my cohost lisa abramowicz each day we bring you the most important noteworthy and useful interviews for you and your money whether you're at the grocery store or the trading floor find the bloomberg pno podcast on apple podcast the soundcloud and bloombergcom two two looking to prepay those property taxes as a result of changes in the tax overhaul plan tim species partner in charge of eisneramper's personal wealth advisors group he joins us now tim thanks for much for being with us i guess you've got a lot of people waiting on hold calling you to ask how do you do this so go ahead tell everybody how do you do this well if we're in new york your are are many of the municipalities and counties has already been postino warrants and that's really the magic this is the trick here warned thing to be posted on websites for there to be posted a liability and that needs to happen in order for the tax payers to first pay taxes this month but then have it recognizes a bona fide payments and uh i have a short list of of county than what are they are with respect to this new york and west chester is an outline for the moment west chester is asserting they don't have time to do it but with the executive order last week that's exactly what the governor wants them to do uh the executive order state of emergency was intend to do have those misguided and county post those warrants now when you say post those warrants are those warrants general in nature or are they then somehow made specific to the individual taxpayer the latter the latter of pin mate raised there they're the.

pimm fox apple property taxes partner eisneramper new york west chester bloomberg executive
"property taxes" Discussed on WDRC

WDRC

01:59 min | 3 years ago

"property taxes" Discussed on WDRC

"The municipalities which means higher property taxes for us so i really is in limbo right now it really is as the governor is attempting to i guess shied the republicans and democrats to come up with the budget but i don't see how they are going to be able to come up with the budget nonetheless nancy wyman breaks the thai voted right now the governor has said he wouldn't approve the republican plan or the democrat plan the republican plan calls for no tax hikes but calls for major concessions on the part of the public employees unions which the democrats call unreal stick major concessions and doesn't extend the contract out another five years to 2017 that's the republicans plan the democrats plan is calling for some expansion i guess what will they really haven't come out with a plan but some expansion if they do of the sales tax to areas that are currently exempt from the sales tax and woodside onto the concessions deal reached between union leadership in the governor but the governor said there are parts of that democrat plan which still hasn't been really release they've sent of some triable owes but he couldn't agree with the democrats budget plan at least with what the democrats are talking about in the area of sales tax and remember one thing the governor wants to shift his plan one third of the cost of the hearst pension fund onto the municipalities the democrats are opposed to that the republicans are opposed to that so you tell me if you think they're going to come up with a budget agreement between now and friday because the deadline is is saturday july 1st you you tell me if you think they're going to come up with a new budget i don't think so i don't believe it i'll have to see it with my own eyes but we are in a crisis right now in the state of connecticut and no one wants to handle it because they know the.

property taxes nancy wyman sales tax connecticut hearst five years
"property taxes" Discussed on KSFO-AM

KSFO-AM

02:11 min | 3 years ago

"property taxes" Discussed on KSFO-AM

"Presidency that and say wait a minute we do that in december there's some things we continue sean and since nobody about the spending nobody really cares about what's going to go on there and it's in december when people are distracted with other things the holidays can we get away with having a bunch of stuff enough spending bill i we we asked that question then i think it makes more sense now as we see the evolution of the tax bill any while the senate bill does have uh the uh obamacare mandate uh remove all of which raves them now uh more money now i again i don't know what they plan on i i don't know what they plan undoing and whether they feel now they have the money to uh uh bring back and allow for example property taxes to be deducted right les ice to iceland stay latest seems like they are stained strong uh uh uh uh having no deductions for that property taxes may be limited i do believe will be in the final bill and i believe house you know the interest rate two with a cab uh and i don't know i i could see the house i could see the house in conference saint look child tax credits fine not up to a million bucks right yup the uh that does it appears that to that you fifty they go what 500 you know why does even need to go there that i don't think a does why doesn't need to go yeah i don't think i don't think it why not every argument away from them why not say it only goes up to one hundred they're not going to do it but why not say donors upped one hundred thousand saved the cash on that to middle class tax cuts and and lower the rate another percentage uh you know for for the middle class and be able to make note uh of that right politically that's what you're trying to do you know raising had income threshold that didn't make much sense but keep in mind that's that's uh you know marco rubio and and mike lee at work there two otherwise conservative i know a they will enable and a two thousand four the la that let's been what i.

property taxes the house tax credits sean senate obamacare iceland marco rubio mike lee
"property taxes" Discussed on KMOX News Radio 1120

KMOX News Radio 1120

01:56 min | 3 years ago

"property taxes" Discussed on KMOX News Radio 1120

"To deduct local property taxes bob costantini capitol hill it's eleven after the hour the us and russia are nearing an agreement on how they hope to resolve syria's civil war us officials had said donald trump and vladimir putin could have announced a deal while they are both in vietnam but it appears growingly unlikely the two presidents will meet sidebar at the apec summit john lawrence as that president trump is in vietnam for the asiapacific economic cooperation forum in denying we have been friends partners and allies in the indopacific for a long long time and we will be friends partners and allies for a long time to come but the burning question for many is whether or not mr trump will meet with president vladimir putin the kremlin initially said a sitdown would happen but later seemed less definitive after us officials said nothing formal was scheduled clarity the leaders are gonna be at the summit together wouldn't be at all unusual if they ended up with some kind of a poll aside the question is whether we've got sufficient substance critics say president trump hasn't come down hard enough on putin for russia's interference in the 2016 election trump really endorse putin trump really i think thinks that he wants to be puts if he could be an american putin that would be his dream come true some analysts say mr trump just once the scandal to go away i think that from trump standpoint he's doing everything possible to bury this story that their wise russian meddling uh want there to continue to be these accusations of collusion between his campaign and the russians earlier this week mr trump said that he'd like putin's help confronting north korea i'm john lawrence reporting twelve after the hour admission by the air force in that texas church shooting.

property taxes capitol hill us russia syria civil war vladimir putin vietnam john lawrence north korea apec president texas
"property taxes" Discussed on WJR 760

WJR 760

01:57 min | 3 years ago

"property taxes" Discussed on WJR 760

"To deduct local property taxes the senate republican version is expected to eliminate all deductions for state and local taxes a key difference that would have to be ironed out other deductions have been in play as the house ways and means committee to finalise its bill bob costantini capitol hill almost two months after hurricane maria devastated puerto rico progress remains slow going a few shelters are still housing around 2500 people on puerto rico and many more are living in homes that are badly damaged now the request of puerto rican leaders fema is enacting a program that will airlift people to either florida or new york on a voluntary basis fema will pay for the air fare and hotel accommodations provided the evacue we intend to return when conditions improve not so far away the coast guard is looking for the owners of more than 400 abandoned or derelict boats in the us virgin islands summer blocking navigable waterways and marinas others are on streets the owners have until december first name cast and bow forecasters saying the flipside of el nino is returning for a second straight winter government meteorologists say the weather phenomenon known as la nina has formed over the pacific and it's expected to stick around for several months making itself known with an impact on weather patterns worldwide in the us lending yet typically brings drier conditions to the south it's also likely to mean wetter weather for the pacific northwest the deputy director of no is climate prediction center mark alpert says this la nina should be on the weak side as it was last year although the 2016 version was also unusually brief i'm jan johnson and another set of toys is set for induction into the national toy hall of fame the alleged rape all make it in this year's my sources say no it's one of the finalists to not make it into rochester new york's national toy hall of fame this year others include the.

deputy director rochester puerto rican puerto rico the house senate new york rape jan johnson mark alpert property taxes la nina el nino coast guard florida fema hurricane maria capitol hill two months
"property taxes" Discussed on KYW Newsradio 1060

KYW Newsradio 1060

01:58 min | 3 years ago

"property taxes" Discussed on KYW Newsradio 1060

"The rising property taxes the cost of repairs f you donations took a toll we've been doing this for quite of use out of our pocket a couple that the high taxes and last month of property was sold the museum closed september fifteen we have been gentrified out of our building now they're objects are in storage and they look for a new home and we're hopeful that will find a place he says organizations if we stand out in their currently scouting new locations cherri gregg kyw newsradio philadelphia officials are launching an effort to cut energy usage and also to reduce the city's carbon footprint that story from kyw is mike denardo in 84 degrees sunshine in front of the art museum city officials told reporters about the new plan to reduce energy consumption council president darryl clark couldn't help but joke really by those who believe in global warming they need to come through this press conference mayor kenney says by buying wind and solar power in using it more efficiently the city plans to follow the paris climate accord even if the us has pulled out we've made a commitment to philadelphia will continue to work to meet the goals of the paris accord to reduce our carbon emissions by eighty percent by the year 2050 the that he is seeking proposals from wind solar and other renewable energy sources mike denardo kyw newsradio the college basketball corruption scandal has caused a twotime national championship coach's job university of louisville is put rick pitino on unpaid administrative leave the centrally firing him as their internal investigation continues the schools athletic directors' suffered the same fate george apostol is louisville's president is vital for this university to strictly adhere to nc aa rules and of course federal law dwayne and nothing would be a tacit endorse meant of unethical and criminal behaviour the move follows arrested several colleges all across the country after federal investigators allege that hundreds of thousands of dollars in bribes were made to influence star athletes.

renewable energy sources federal law nc louisville university of louisville paris energy consumption art museum president george apostol rick pitino property taxes carbon emissions philadelphia us solar power kenney global warming darryl clark mike denardo carbon footprint eighty percent 84 degrees
"property taxes" Discussed on WVON 1690 AM

WVON 1690 AM

01:43 min | 3 years ago

"property taxes" Discussed on WVON 1690 AM

"To move every year to the next level for the next great you have to superintenant last year gregory jackson made three hundred twenty five thousand dollars on salary you see we have to get engaged we but we as the people we have to get engaged and hold people accountable for result if they're polling this kind of brad yeah that they have to waste that's a waste of our taxpayers money in especially when you can splintered around in hire more people well in a in the uh for instance like god uh joyce carmine and she's a superintendent in the south suburbs and she of eight barneys time increasing her pay up to nearly four hundred thousand dollars a year over the course of the last ten to twelve years so you know these systems these pay systems and government if we the people don't watch them a rapidly go out of control and were were you know we're hold on the bill well let me ask you this what is your proposal looked stop these hakkinen were stopped so the fastest way is this slapping hard cap on property taxes and i know the property taxes in the city are just going up and up and then there are just out of control but if you have a hard cap on property taxes vande government we'll have to start living like we all live at home and that's basically last year's budget plus inflation uh so if you slap at cap and give it a little room for inflation you know they can't come in with budgets are pay hikes at higher than what they are last year plus a little bit for.

gregory jackson superintendent property taxes brad vande government three hundred twenty five thou four hundred thousand dollars twelve years