Dear City of Poway,
Since I’ve customized my home to my own personal needs and added many features other people might not enjoy, I think my home is just as functionally obsolete as Larry Ellison’s. Please reduce my property taxes immediately!
Thanks,
Donna
Good grief, what a tard this man is.
$3 million tax cut on Larry Ellison’s estate
Larry Ellison, ranked 12th on the Forbes 500 list with a net worth of $25 billion, has bagged a $3 million tax break after arguing that his flamboyant Japanese-style estate in Woodside is functionally obsolete.
The chief executive officer of software giant Oracle Corp. will be paid from San Mateo County property taxes collected this year, which otherwise would have gone to schools, the county general fund and cities, among other things, Deputy Controller Kanchan Charan said. The hit to schools alone will be nearly $1.4 million.
Ellison’s Octopus Holdings LP acquired the 23-acre site in May 1995 for $12 million and spent nine years constructing the lavish property, modeled on a Japanese emperor’s 16th century country residence, according to the San Mateo assessment appeals board.
It consists of a nearly 8,000-square-foot main house with two wings, a guest home, three cottages and a gymnasium as well as a 5-acre man-made lake, two waterfalls and two bridges. Hundreds of mature cherry, maple and other trees were planted among nearly 1,000 redwoods, pines and oaks.
10 Responses
Not a tard, just a greedy asshole.
TIA has been good for Oracle, no doubt.
Oops, turns out TIA is a product that Oracle makes for the insurance industry. I meant the government contracts.
My other option for a post title:
One more reason to hate Oracle.
As if we needed any more reasons….
I’ve hated Ellison ever since Oracle bought up every good relational database company and replaced them with the obscenity that is Oracle. The fact that this jerk has gotten to be a multi billionaire for it just adds to my disgust.
Free and open source is the only way out of this mess.
Maybe he could contribute a couple of bucks to the East African Dairy Farmers.
lol, gerry!
Yeah, I think he owes someone some llamas.
you made this up? just when i thought new york city had highest gross-out measure for disgusting rich people in the news! no place to avoid them, it seems.
Nope, not made up at all. Silicon Valley is full of such people, along with some really really nice ones.
The real fun is living in a place where I am surrounded by Republicans, though.