This Old [millionaires] House
Kurt Ullman wrote:
In article ,
Red Green wrote:
(---MIKE---) wrote in
:
The real question is regarding the "Extreme Makeover" show. They
completely dismantle a wreck and put up a mansion. This is usually
for a destitute family. How can they afford the taxes on their new
mansion?
---MIKE---
In the White Mountains of New Hampshire
(44° 15' N - Elevation 1580')
Why do you think they are all bawling their eyes out? Before they had a
place they could afford. Now they are short timers in the place before
they get evicted.
And of course they have to pay income taxes on the value of the new
stuff.
No.
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