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Letters to the Editor

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By The Staff

To the editor:It is astonishing how this county works. Most of us working folks in the county get our property tax bill every fall, take a minute or two to look at it, then mail it off to our mortgage company to be paid out of our escrow account. We might wonder how the value is arrived at for a minute, but then we move on hoping our monthly payment doesn’t go up much more. Meanwhile, the rich developers in this county get their tax bills, call up some of their friends and appeal their assessments. Suddenly their tax bill gets reduced by 25 percent!We should ALL be outraged! I don’t know about you, but my taxes keep finding ways of going up and up and up. Secondly, I guess they have changed the name of the “Good Ole Boys Club” to the “Oldham County Board of Assessment Appeals.”For Tom Cox to say, “There is one reason that property will not sell and that is the price,” ignores the most obvious axiom in real estate — location, location, location. If this is the case, we are all due a reduction.The fact of the matter is that this does not add up. Walt Schumm is going to advertise his property for sale for $100,000 a lot, and turn around and tell this “impartial” group of his friends it is only worth $75,000, wink and smile while saving huge amounts on his tax bill.I had better stop here, because I guarantee if my tax assessment goes up by one penny next time around, I will be appealing, and I encourage EVERYONE in this county to do the same.I applaud Ron Winters for having the guts to stand up to these people. But his job just got much harder, because the board of appeals has completely removed any of his credibility. If he cannot use comparable sales to valuate empty lots, we should not let him use comparable sales to valuate our homes. We should all cry poor, cite slowing sales and demand a discount.The proof is in the pudding, I am off to write Walt an offer of 25 percent off his asking price on a lot. Don’t hold your breath until he accepts it.Steve Magsig, Crestwood