Sponge Homer

Homer H. Hillis, Jr. sponges all kinds of information, business, political and trends. I've been seen on the Sally Jesse Rafeal show with noted trend spotter Faith Popcorn. My Blog will give you an over view of what I'm seeing and reflections on the same.

Friday, July 16, 2004

Clark Howard Show Notes Wednesday, July 14
Clark Howard has some of the most sensible advice I have ever heard, he's heard on AM radio across the country.
He's an adovate for saving money and spending right.
Notice this post:
Politicians boosting property taxes in many areas
Politicians are sticking it to us with rising property taxes. According to a recent analysis, property taxes are up just under 25 percent in the past four years. The Wall Street Journal shows that just in the past two years taxes are up more than 10 percent. School districts, special tax districts and local governments are all reaching into our pockets. The trouble is that people’s salaries are not increasing at the same rate. Many politicians are using rising assessments as a way of doing hidden tax increases. You may remember there was a property tax revolt known in 1979 as Proposition 13. We are going to see sons and daughters of this revolt doing the same thing this year. You will see it either at the ballot box or with initiatives that will change how property is assessed. The sad part is that the people really getting clobbered by these assessments are senior citizens. More and more seniors are carrying mortgages, and some are struggling to put food on the table. They may not know there is special property tax relief for seniors in their area. So, if you are concerned about your parents look around. And tell those politicians how you feel about increased property taxes by voting against them!

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