Vacuum Cleaners Discussions

Early news reports in the USA are saying the London financial markets nosed dived today in the worse downturn ever.  This comes on the heels of a 4 percent drop in the Dow Jones Industrials last week alone.  Since today is a Federal Holiday in the US in observance of Dr. Martin Luther King the financial markets are closed.  Not sure what impact the London market fall will have on the US markets--have to wait to see.

What and how long will it take jaydee to realize that he needs to enter the low to middle price range vacuum market to stay competitive in the USA in the big box stores' venue?

Any news yet on the 2007 dyson sales? 

Carmine D.

HARDSELL wrote:

HARDSELL:

If you think your house and land are worth the tax assessed value then by all means pay the amount.  If you think it is not [because the housing and land values have declined precipitously due to the huge number of unsold houses for sale], then I suggest you contest it with your local tax authorities.  You will be told to get a revised assessment on the value of your house/land.  With proof in hand, then you can argue that you should pay the lower tax amount! 

The tax man never lowers the taxed amount voluntarily, unless you challenge it.    A HARDSELL like you should know that already without my telling you.

Carmine D.

CarmineD wrote:

Just because you say it does not mean it will happen.  I do know that.

The drop in property values has hapened in the last few months.  Should I go to the tax office every 30 days t see if I should file for reduction?

Point is Carmine, property is assessed only every few years and housing slowdowns and price reductions have no impact on getting taxes reduced for current home owners.

Your response to Lucky was an attempt to show your superior knowledga and you shot yourself in the foot.  As often as you self inflict wounds I hope you have steel toed boots.

PS HARDSELL:  All those foreclosed homes have unpaid property taxes.  Result: Shortfall in tax revenue.

Carmine D.

HARDSELL wrote:

HARDSELL:

I disagree with the highlighted portion of your statement.  Is the reason you are so irritated with me because you think I'm wrong?  Or do you fear I'm right? 

Carmine D.

CarmineD wrote:

Sorry if I seem irritated with you.  I do not fear that you are completely right or wrong.  Sometimes it is possible to get a property tax reduction and sometimes not.  I do not believe that you would be successful at getting a reduction simply due to a slow down or price reduction on new construction or listed homes regardless of age.  If prices are down for a year or two then maybe, yes.  I personally believe that housing prices are just being adjusted to reflect a more real value. 

Funny thing is most people like to brag about their homes value.  When they receive their tax assessment they want to argue that the home is over valued.

HARDSELL wrote:

HARDSELL:

Your statement is contradictory [I highlighted the parts].  If your home is overvalued for tax purposes [for whatever reasons], you are paying too high property taxes.  If you don't mind, by all means pay the higher amount.  If you believe the assessed value is high, then contact your local taxing authorities and discuss.  Of course, they will disagree that's why you got the higher assessed value.  If you take their word, pay the higher amount.  If not, it's not hard to determine what your home is worth and the propertt tax due.  All the information is at your fingertips.  But the homeowner has to take the initiative.  It's their money not the taxing authorities.

On another note, I see where the Gov of Kentucky [Beasher?] lost in a bid to get casinos approved in the state.  Apparently horseracing is okay but not gaming.  What's the revenue shortfall in the state?  $900 Million.  I understand all city, county, and state entities nationwide are experiencing revenue shortfalls.  And will for the future.

Gov said he will try again.

Carmine D.

CarmineD wrote:

I went back to verify this.  I understated the truth.  This is a 3 year high for WM stock.  It has gained 12 percent this year alone.  The best stock gain in the Dow.  The pros even have a name for this: The Wal*Mart effect.  Apparently as the economy nose dives, consumers flock to WM stores to get the most bang for their buck.

Carmine D.

CarmineD wrote:

I do not think that you are comprehending.

Property taxes in my area of NY at least, are tied to an Index. This allows your evaluation to rise and/or fall but when multiplied by the index # they can get the amount of money they want to extort...err... assess from you. It's a no win situation for the Homeowner. Lower house value... higher Index to multiply by.

The only way to cut taxes is to have the powerful Civil/Police/Firefighter and Teacher Unions accept lower wages and benefits like most other Americans are experiencing....THAT'S NOT GOING TO HAPPEN!

YOU work for the Government now...they do not work for you. Their sense of entitlement is brazen.

In North Jersey the Governor wants small towns to group together and share overlapping services to save the Taxpayers money. They outright refuse. One town supervisor was quoted as saying "You can't do that...We would have to lay people off". GEEEZ ...What is every other Business in the US doing to help cut costs? There are Town Clerks here making $85-$125 Thou and Police making The same and Chiefs making more. These are sleepy bedroom communities.

Lucky1 wrote:

Did I hear/read that the good Gov Corzine wants the firefighters to do the street cleaning and trash pick up in their down time? 

Customarily, all local, county and state revenue streams increased year over year.  Revenues never went down.  Always up.  In large part because the booming housing market enriched the coffers with property taxes and sales taxes [doesn't Jerzey have one of the highest?].   With foreclosures up and housing sales down, these local, county and state revenue streams are all drying up.  What are the politicians to do?

As I mentioned, the good Gov in Kentucky wants to add gaming and casinos so he can tax the proceeds to make up for the $900 Million state budget shortfall.  Didn't fly.  The state legislature voted against it.  He says he'll revisit the matter.  I believe him.  Tho, gaming tax revenue is not a cure all.  In Nevada, the state coffers [as well as the water supplies] are drying up fast. 

It's not looking promising. 

Carmine D.