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Posted: 8/15/2007 6:25:16 AM EDT
$1,135.90 in interst lost for 1 night? Wow, property taxes are out of control


Man Pays Big Tax Bill in Coins, $1 Bills

MUNCIE, Ind. (AP) -- A landlord said he wanted people to see the pain of his property tax bill when he hauled $12,656.07 in coins and $1 bills to the county treasurer's office.

Cary Malchow said the heavy load left him "out of breath" but it was worth watching three cashiers working overtime and guarded by sheriff's deputies on Monday to count every last cent of the semi-annual payment for his home, business and rental properties.

"I did it so people can physically see what $12,000 is," said Malchow, who has staged other recent protests to draw attention to Indiana's property tax increases.

It took 75 minutes to count out the cash, said Delaware County Treasurer Warren Beebe.

"They were fast, they were hustling. They're used to counting money, but of course that left other people standing in line. It was an awkward situation," Beebe said Tuesday.

Malchow's protest prevented the office from making its daily bank deposit, costing the county an estimated $1,135.90 in interest that would have otherwise accrued overnight, Beebe said.

http://hosted.ap.org/dynamic/stories/O/ODD_PAYMENT_PROTEST?SITE=PAPOE&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2007-08-14-22-59-49
Link Posted: 8/15/2007 6:27:32 AM EDT
good for him. f*** banks.
Link Posted: 8/15/2007 6:28:40 AM EDT
Money is money..be glad he didn't do it in pennies
Link Posted: 8/15/2007 6:29:57 AM EDT
[Last Edit: 8/15/2007 6:29:57 AM EDT by 82ndAbn]
http://www.ar15.com/forums/topic.html?b=1&f=5&t=608246
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