"Hey Ref, that's five seconds!"

[#olderthanilook]

Originally Posted by Raymond

I'm kinda slow so I'm going to make sure I'm understanding all you smug tax experts correctly.

Over here we have a cul-de-sac (call it YourHood) which houses ten $1M homes and 20 public school students who attend the Bluebood school district. One mile away on the other side of the railroad tracks there is a run-down apartment building (MyHood) which has 20 units and 40 public school students who attend the Blue Collar school district. Soooo, the same amount of property taxes are being collected from MyHood as are being collected from YourHood? Really?

There are heckuva lot of people in this country that, indeed, say this is the way it works.