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The Supreme Court has simply required the small governments to come up with a long list of exorbitant fees that will now be assessed on all tax forfeitures. +1
by RayVR 3y ago
The Supreme Court has simply required the small governments to come up with a long list of exorbitant fees that will now be assessed on all tax forfeitures.
+15k tax due, plus penalties
+5k in administrative fees related to the seizure
+5k in administrative fees related to the sale
+5k in accounting and administrative fees for the processing of the return of excess value
+10k service fee
+10k convenience fee
Now she still owes them 10k…
- saxonww 3y agoThe article did mention a concurring opinion that suggests how this would be viewed: “Economic penalties imposed to deter willful noncompliance with the law are fines by any other name,” he wrote. “And the Constitution has something to say about them: They cannot be excessive.”
- pdonis 3y agoThe amounts in this case were already excessive. As the Court's opinion notes, Taylor only owed about $2300 in unpaid taxes, but $13,000 in interest and penalties. Excuse me? When the interest and penalties are more than five times the base amount, something is amiss.
- bombcar 3y agoInterest makes some sort of weird sense, but since the government is (effectively) perpetual and unending, it can just wait. Charge interest on the unpaid tax equivalent to the prevailing bonds it is issuing, and upon death, seize the estate or a portion thereof.