a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by kleinbl00
kleinbl00  ·  3117 days ago  ·  link  ·    ·  parent  ·  post: The secret shame of middle-class Americans

Hold my beer.

So that's Jerome Fisher's house. He graduated law school in 1948 and is retired. He bought the place in 1967. Whatever the mortgage was, he probably paid it off 2007 or before; he's still paying $57k a year in property taxes, though.

This is the sort of 'boomer that the OWS crowd loves to hate on. He's a big donor - not Koch brothers crazy but $4k to Bush in '04, $4500 to the RNC in '04, $4500 to Michele Bachmann in 2010. Going back to 1999 he's $186k in individual contributions, $9k in joint contributions.

His kids don't worry either. They're getting the house.





WanderingEng  ·  3117 days ago  ·  link  ·  

Well I'm impressed. Do you want your beer back?

That's pretty depressing, but I'm glad to see he's paying what to me would be a huge chunk of money each year in taxes. The kids will get the house, sell it and turn around and buy themselves super nice houses mortgage-free.

kleinbl00  ·  3117 days ago  ·  link  ·  

Assuming they haven't already.

See, "death taxes" are the worst thing in the world. Because when a man works his whole life, his grown children should be able to inherit his $4m house tax free.