You Should Start A Blogsite
I think somebody should start a new blogsite in which you make quick daily lists of all the lousy, crummy things that are served up to us by our elected officials.
There's ample info just in the pages of the daily newspaper. For example, just look at July 11th's St. Petersburg Times and you will find a couple of real crummy things that your government is about to do to you that are probably coming as a big surprise.
1. Insurance Rates Appear To Be Going Up. Remember how excited we all were recently when, after much cheering in Tallahassee and pats on the back from elected officials, it was made known that property insurance rates were going down thanks to our super-duper elected officials? You remember that, don't you? Well in today's paper on page 1 Section D you can read how that is not really very likely. In fact, Florida Farm Bureau Insurance policyholders can most likely look forward to a 30% jump in rates. Other insurance companies will probably follow suit. The reason? Those pesky reinsurance rates that the state of Florida was supposed to take care of. Apparently, they didn't take such good care of them.
2. Property Values Drop But Taxes Keep Going Up. If property values go down like they are now, how come taxes go up? Fair question. The story is on page 1 of Section A in the paper for July 11th as well. Seems like it's the fine print in that Save Our Homes tax law that allows for something called The Recapture Rule. It's going to impact about 100,000 homes in Pinellas County. I'm not sure I really understand it totally, but it allows the state to continue to reap scads of tax money despite a lessening of your property value. Didn't know about that little sidebar in the law? The legislature did, and they're going to use it to make sure you keep paying high taxes.
I wish somebody out there would start a blog like that with quick little factoids about how our elected guys do things like this to us. You'd have a lot of readers.
For more info on what's going on in Tampa Bay real estate, just visit my website at http://www.thestpeterealestatesite.com/.
There's ample info just in the pages of the daily newspaper. For example, just look at July 11th's St. Petersburg Times and you will find a couple of real crummy things that your government is about to do to you that are probably coming as a big surprise.
1. Insurance Rates Appear To Be Going Up. Remember how excited we all were recently when, after much cheering in Tallahassee and pats on the back from elected officials, it was made known that property insurance rates were going down thanks to our super-duper elected officials? You remember that, don't you? Well in today's paper on page 1 Section D you can read how that is not really very likely. In fact, Florida Farm Bureau Insurance policyholders can most likely look forward to a 30% jump in rates. Other insurance companies will probably follow suit. The reason? Those pesky reinsurance rates that the state of Florida was supposed to take care of. Apparently, they didn't take such good care of them.
2. Property Values Drop But Taxes Keep Going Up. If property values go down like they are now, how come taxes go up? Fair question. The story is on page 1 of Section A in the paper for July 11th as well. Seems like it's the fine print in that Save Our Homes tax law that allows for something called The Recapture Rule. It's going to impact about 100,000 homes in Pinellas County. I'm not sure I really understand it totally, but it allows the state to continue to reap scads of tax money despite a lessening of your property value. Didn't know about that little sidebar in the law? The legislature did, and they're going to use it to make sure you keep paying high taxes.
I wish somebody out there would start a blog like that with quick little factoids about how our elected guys do things like this to us. You'd have a lot of readers.
For more info on what's going on in Tampa Bay real estate, just visit my website at http://www.thestpeterealestatesite.com/.
-30-
posted by Terry Ward at 7:18 AM
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