By: Scott D

Scott D — Sat, 29 Mar 2008 16:20:07 +0000

Bill Gates went through exactly the same thing with King County regarding his home on Lake Washington. The law says that homes should be taxed at “market value”—i.e. the price someone would be willling to pay, not the cost of construction. He also could have won his case, but the Yahoos (pun intended) in Seattle created so much fuss that he decided to drop it and pay the tax.
Afterall it is the moral obligation of people like Gates and Ellison to fund activities in excess of what the rest of the taxpayers are willing to pay.

By: Larry Ellison Gets His Tax Assessment Reduced

Larry Ellison Gets His Tax Assessment Reduced — Sat, 29 Mar 2008 13:26:44 +0000

[...] Elijahfell wrote an interesting post today onHere’s a quick excerptThe landscaping includes a 5-acre man-made lake, two waterfalls, two bridges and hundreds of cherry and maple trees, redwoods, pines and oaks. [...]

Comments on: Larry Ellison Gets His Tax Assessment Reduced

By: Scott D

By: Larry Ellison Gets His Tax Assessment Reduced