Why not? I am already paying enough in taxes. Might as well give soemthing back to the taxpayer instead of welfare. At my current internet bill of $50/month, I would save $600 a year. Sounds good to me.

 

During his "State of the City" address earlier this year, the Mayor of Leominster set a goal of providing free, city wide wireless access. He didn't put a time frame on it, but he's always followed through with his goals in the past.

 

you've got two little "deductions" try 4.5k in property taxes and 75 in excise and god knows how much income tax but hey it's the least i can do to help those less fortunate

 

You pay 4.5K in property taxes??? I think we've got a bargain!

 

Lainey when was the last time you were appraised? We just went through re-evaluation last fall. I don't know what the tax hit will be yet. Whats the formula again for mill rate then appraisal value = tax hit?

 

You mean assesed by the town? It's been a while. I'd say the value by the town is probably off by 30-35K in my favor, if we are truly talking selling price = assessed value.

 

ok wiki'd it - http://en.wikipedia.org/wiki/Property_tax

To calculate the property tax, the authority will multiply the assessed value of the property by the mill rate and then divide by 1,000. For example, a property with an assessed value of US$ 50,000 located in a municipality with a mill rate of 20 mills would have a property tax bill of US$ 1,000.00 per year.

So my case give or take a few numbers is -
Assessed value $267,810
Alleged new mil rate 24
would have a tax bill of $6427

HOLY SHIET!!!! Ben pass the raman noodles.

 

I was around $3800 last year.

 

Jim and I will have to start a collection for ourselves soon. Jim did you run the numbers yet?

 

4.5K, god I wish