Season two just started, one of my favorite podcasts. He talks through issues/problems from a historical and economic POV.
http://revisionisthistory.com/
Season 2 kicks off with an interesting topic of the heavily tax-subsidized private golf courses in Southern CA. Through old tax laws, they are taxed at a rate of about 1% of their current value, again these are private CC's like Brentwood, LA CC...Courses that should be paying $80-$90 million a year in property taxes (based off their land value in Beverly Hills...), but instead pay closer to $200K.
Quote from: reinko on June 27, 2017, 06:49:37 AM
Season two just started, one of my favorite podcasts. He talks through issues/problems from a historical and economic POV.
http://revisionisthistory.com/
Season 2 kicks off with an interesting topic of the heavily tax-subsidized private golf courses in Southern CA. Through old tax laws, they are taxed at a rate of about 1% of their current value, again these are private CC's like Brentwood, LA CC...Courses that should be paying $80-$90 million a year in property taxes (based off their land value in Beverly Hills...), but instead pay closer to $200K.
When rich guys make all the rules, there is no expectation that they will be fair.
That's one reason why following rules is not now nor has ever been a priority of mine.