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Sat Sep 22, 2012, 10:00 AM

Why did Mitt and Ann only pay $146 in personal property tax?

I was looking at their itemized deductions and noticed that. Doesn't Ann, herself, own two Cadillacs? With all of their personal property, how in the hell do they only pay $146 in tax on it?

Can someone explain?

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Reply Why did Mitt and Ann only pay $146 in personal property tax? (Original post)
rateyes Sep 2012 OP
LineNew Reply ?
rateyes Sep 2012 #1
cleanhippie Sep 2012 #2
begin_within Sep 2012 #3
DemsUnited Sep 2012 #4
former9thward Sep 2012 #5
DemsUnited Sep 2012 #7
buzzman Sep 2012 #6

Response to rateyes (Original post)

Sat Sep 22, 2012, 10:01 AM

1. ?

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Response to rateyes (Original post)

Sat Sep 22, 2012, 11:05 AM

2. Perhaps it is all owned by one of their corporate entitites, and not by them personally?

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Response to rateyes (Original post)

Sat Sep 22, 2012, 11:08 AM

3. They also had the property tax on their oceanfront La Jolla mansion reduced.

My answer would be: they have good lawyers.

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Response to rateyes (Original post)

Sat Sep 22, 2012, 11:13 AM

4. Wondered about that also

Like cleanhippie above, suspect anything like cars or planes are "owned" by another entity. Just another example of Rmoney using all loop holes available.

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Response to rateyes (Original post)

Sat Sep 22, 2012, 12:59 PM

5. In MA just about everything is exempt from the tax.

It goes city by city and I don't know where the Romney home is but most things are exempt and I doubt that most people pay anything. Cars are exempt. Anything in the household is exempt, etc. Maybe someone in MA can post to see if people pay this but I know that if I lived there I would not owe anything. http://www.cityofboston.gov/assessing/perproprty.asp

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Response to former9thward (Reply #5)

Sat Sep 22, 2012, 01:06 PM

7. Thanks for the info

That explains anything registered in MA and maybe the personal property at the other homes if they are located in similar tax exempt states.

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Response to rateyes (Original post)

Sat Sep 22, 2012, 01:02 PM

6. because they are moochers

they know how to suck money from america and not pay their fair share

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