5 December 2004
The squeeze is on
<sound of jaw striking parquet floor>
To run up a tax bill of that size in my neighborhood, she'd have to have a house worth $985,816.
She says elsewhere that the tax on the mythical average house in Madison, Wisconsin, worth $205,359, is $4,458.
This suggests a rate of 21.71 per thousand, which implies that her house is valued at about $549,400.
For comparison purposes, a home valued at $549,400 in my particular taxing district would be taxed $6,598. Not that there are any such; City-Data.com reports that as of 2000, there were only 11 homes in this entire ZIP code worth as much as half a million bucks, and Realtor.com says that the average home around here sells for a modest $93,541, which I calculate would run up taxes of $1031.Posted at 11:17 AM to Dyssynergy