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	<title>Comments on: Were Suze Orman + Kathy Travis Scamming Their Way Into Home Tax Exemptions?</title>
	<atom:link href="http://www.queerty.com/were-suze-orman-kathy-travis-scamming-their-way-into-home-tax-exemptions-20091201/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.queerty.com/were-suze-orman-kathy-travis-scamming-their-way-into-home-tax-exemptions-20091201/</link>
	<description>Free of an agenda. Except that gay one.</description>
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		<title>By: Swarm</title>
		<link>http://www.queerty.com/were-suze-orman-kathy-travis-scamming-their-way-into-home-tax-exemptions-20091201/#comment-242194</link>
		<dc:creator>Swarm</dc:creator>
		<pubDate>Wed, 02 Dec 2009 13:07:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.queerty.com/?p=76035#comment-242194</guid>
		<description>#1 is correct. It&#039;s nothing. Queerty,taxes? 

Focus on Obama&#039;s healthcare and the House &amp; Senate bills. There are so many hidden taxes you head spins. Obama will kill business and the costs will be passed onto the consumer. 

&quot;Medical device number&quot; taxes include toothbrushes, dental floss, toothpicks, thermometers of all types, diabetic blood monitors, urine test strips, crutches, walkers, canes, sleep apnea devices, eye patches, bandages of all types, hearing aids, glasses, contact lenses, orthotics . . . oh, and don&#039;t forget the tampons. Watch out for the sure to come condom tax.</description>
		<content:encoded><![CDATA[<p>#1 is correct. It&#8217;s nothing. Queerty,taxes? </p>
<p>Focus on Obama&#8217;s healthcare and the House &amp; Senate bills. There are so many hidden taxes you head spins. Obama will kill business and the costs will be passed onto the consumer. </p>
<p>&#8220;Medical device number&#8221; taxes include toothbrushes, dental floss, toothpicks, thermometers of all types, diabetic blood monitors, urine test strips, crutches, walkers, canes, sleep apnea devices, eye patches, bandages of all types, hearing aids, glasses, contact lenses, orthotics . . . oh, and don&#8217;t forget the tampons. Watch out for the sure to come condom tax.</p>
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		<title>By: JoeB</title>
		<link>http://www.queerty.com/were-suze-orman-kathy-travis-scamming-their-way-into-home-tax-exemptions-20091201/#comment-242107</link>
		<dc:creator>JoeB</dc:creator>
		<pubDate>Wed, 02 Dec 2009 02:58:47 +0000</pubDate>
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		<description>Big deal.  The CA homeowner&#039;s exemption is a $7000 credit on the assessed value of the home  (not on property taxes).  Essentially you take a deduction on the assessed value property tax.  So if your home is worth $979K(at purchase + moderate inflation) you are assessed as if you live in a home worth $972K.

With a tax rate of somewhere between 1% and 1.25% on the assessed home value, this essentially means is that Orman and Travis &#039;scammed&#039; somewhere between $70-80 per year from their CA real estate taxes.  The house was purchased in 1996, probably occupied by Travis prior to her relationship began with Orman (in 2000 acc. to wikipedia).  BFD.  This looks to me more like an accounting oversight and the amount we&#039;re talking about is miniscule ($70 x 8 yrs where it MAY not have been her primary residence).</description>
		<content:encoded><![CDATA[<p>Big deal.  The CA homeowner&#8217;s exemption is a $7000 credit on the assessed value of the home  (not on property taxes).  Essentially you take a deduction on the assessed value property tax.  So if your home is worth $979K(at purchase + moderate inflation) you are assessed as if you live in a home worth $972K.</p>
<p>With a tax rate of somewhere between 1% and 1.25% on the assessed home value, this essentially means is that Orman and Travis &#8216;scammed&#8217; somewhere between $70-80 per year from their CA real estate taxes.  The house was purchased in 1996, probably occupied by Travis prior to her relationship began with Orman (in 2000 acc. to wikipedia).  BFD.  This looks to me more like an accounting oversight and the amount we&#8217;re talking about is miniscule ($70 x 8 yrs where it MAY not have been her primary residence).</p>
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