HOW CHEAP CAN YOU GET? PRETTY DAMN CHEAP

Rich people HATE to pay taxes. They pinch pennies. The squeeze real hard.

 

 

If you don’t believe me, this information will convince you. Or nothing will.

 

Here are some of the richest people in Cleveland worried about paying taxes on $17 more of what they consider an unfair tax valuation of their property. Unbelievable. But so believable if you know them.

 

Now remember, this isn’t $17 more in taxes. It’s the property tax on $17. In other words, it’s pennies.

 

A “complaint against the valuation of real property” by the Tower City gang has requested of the County Board of Revision. The filing by a law firm for Tower City wants a decrease in the value of a parcel of vacant land at Tower City of $17.00.

 

Yes, that’s $17, not $17 million or $17 hundred or $17 thousand. Just $17 dollars.

 

Sam Miller and the Ratner family – owners of Tower City - want the reduction of the taxes on “commercial vacant land” now valued at $64 market value. The tax would be on 35 percent of that or a “current taxable value of $40,” the request reads.

 

They say that the County is valuing their property at too high a rate!

 

Tower City properties are split into numerous parcels on a number of levels because of where the Terminal Tower was built.

 

The complaint was made on March 21, 2009. No ruling has been issued.

 

“The requested change in value is justified for the following reasons: Recent sale(s) of comparable properties. Physical, economic, functional depreciation or obsolescence. Economic valuation based on gross or net income.” That’s what is claimed.

 

However, a portion of the document, according to a County official, that must be completed was left blank.

You can find the property’s records by going to the Cuyahoga County Auditor’s listings of property. The parcel number is 040-28-008. The search page can be found here: http://auditor.cuyahogacounty.us/repi/default.asp [1]

 

Don’t allow anyone to tell you that little things don’t matter. They do. Some people know that and play the game to the hilt.

 

Sam & the Ratners. Our 2009 “Cheapskates of Cuyahoga County”.

 

Don’t tell them that the County’s in financial trouble. It ain’t their problem. It’s yours.