The controller's finding appears to confirm longstanding complaints from Bell property owners that they were being overtaxed. The Times reported last month that Bell officials collected huge paychecks, that the city had cut police and other services and that its property owners were paying higher tax rates than all but one city in Los Angeles County.
The owner of a home in Bell with an assessed value of $400,000 will save about $360 a year because of the cut, an official with the Los Angeles County auditor-controller's office said Friday.
But Bell residents won't be getting a tax refund. According to state law, the nearly $3-million overpayment cannot be refunded to taxpayers and must instead go to schools in the city, Roper said.
California teacher's union evidently rigged the game so they get any money stolen by local officials but recovered by law enforcement. Sort of like a double safety net for government funded burglary.
California is a banana republic with a state legislature on strike. The Gubinator cannot run the government except through trial judges mediating between unions and the executive branch. Increasing talk in this state is about default as being the least painful option. What we really need is a tax revolt to kick the default option into gear.
State Controller John Chiang, the guy sorting out the mess, is himself the chief mobster in the union crime ring.
HT to Pension Tsunami
No comments:
Post a Comment