In the movie his grandmother didn't pay her property taxes for 10 years and owes $270, 000 in back property taxes. $270,000 ÷ 10 years = $27,000 per year ÷ 12 months = $2250 per month. Who the hell pays that much in property taxes? Was she living in Beverly Hills or some place like that?
shareIf you're going to nitpick this movie you'll be here all day. They don't really care about being realistic with tax laws, the rules of golf, or even the laws of physics. It's a comedy film, if you're calculating property taxes you're doing it wrong.
See you guys at the 10 year prison reunion - Ben Richards
Probably around 1/10th of that in actual taxes, the others are penalties and interest.
shareWould have been foreclosed on long before it got to a quarter million dollars. And she definitely would have sold her house before that occurred. She could have used the money from the sale of her house to cover affordable housing for seniors. The main point is that amount in property taxes interest/penalties included or not is ridiculous.
shareAs others have said most of that would have been interest and penalties. Plus she may have been behind on her regular taxes as well.
It is true though that realistically this would have came back to bite her after only a few years at the most rather than over a decade, but it's just a movie and if you want to nitpick there are plenty of other things that aren't completely accurate to real life.
Oh but what you just said about her selling the house to afford senior housing: true she could have, but many seniors have trouble saying goodbye to their homes if they've lived there for decades. Sure sometimes you just have to, but I can sympathize with how they would want to just live the rest of their days where they've already been.
If you don't want to be spoiled, you shouldn't be here in the first place.
Kyler, you seem like a really un-fun person to be around. Good luck with your 2016 friend goals.
shareyeah but sometimes we nitpick when we have just observed something wrong in a film.
shareWasn't it "back taxes" she owed?
I don't recall, but I don't think it was back property taxes exclusively.
As someone else said, it's not the taxes but the penalties and interest that really nail ya.
shareAgain, I believe all that Triumph the Insult comic IRS guy said is that she owed "back taxes".
This could also mean income taxes. Add that to the property tax owed and it wouldn't be unrealistic at all to owe $275,000 over a 10 year period.
And yes, the IRS can take your house for unpaid income taxes.