Government

Show Only ...
Maps - Photos - Videos

America’s highest court needs term limits

America’s highest court needs term limits

"A more workable change would be to appoint justices for single 18-year terms—staggered, so that each president gets two appointments per term—rather than for life. Each presidential term would thus leave an equal mark on the court, and no single justice would remain on the bench for 30 or 40 years. New blood would make the court more vital and dynamic. A poll taken in July showed widespread bipartisan support for term limits. So long as former justices were prevented from standing for office, becoming lobbyists or lawyers after stepping down from the court, this would be an improvement."

Ruth Bader Ginsburg’s health and the case for Supreme Court term limits

Ruth Bader Ginsburg’s health and the case for Supreme Court term limits

"The core problem here is the stakes of Supreme Court nominations: They’re too damn high. Candidates serve for life — which, given modern longevity and youthful nominees, can now mean 40 years of decisions — and no one knows when the next seat will open. President Jimmy Carter served four years and saw no open seats. President George H.W. Bush served four years and filled two. Barack Obama served two terms and confirmed two justices. Donald Trump isn’t even two years into his presidency and, thanks to McConnell’s assist with Merrick Garland, he’s already filled the same number of vacancies as Obama did in eight. The result isn’t merely an undemocratic branch of government but a randomly undemocratic branch of government. And that randomness, and the stakes of seeing it play out in your side’s favor, turn Supreme Court nominations into bloodsport."

To Cut Taxes, Big-Box Stores Use ‘Dark Store Theory’

To Cut Taxes, Big-Box Stores Use ‘Dark Store Theory’

"Big-box defenders argue that the “sales approach” (what someone recently paid for a similar property) is the best way to determine a building’s value. And in many states, including Wisconsin, sales are supposed to be the first variable in the valuation equation, whenever possible. Therefore, retailers’ lawyers say, a Sam’s Club valued at $11 million is overvalued, because its neighbors are selling for a third of that amount. In a real estate market that’s oversaturated with retail closures, bankruptcies, and vacancies galore, they insist, no one wants a big box store anymore. If you just look at the sales prices, they are often not wrong."

"But assessors say that this misses what gives a functional property its value. Location is everything in real estate—there may be a good reasons why some of those stores went dark. Besides, the market for big boxes is too small to rely solely on sales; construction costs and property incomes also have to be taken into account. And many of these vacant and depreciated properties would need major repairs to achieve a state of “highest and best use,” which would be a more appropriate comparison for an open and fully updated store."

"Besides, there’s something plainly illogical about the argument. “Do you want me to value your house as if it’s closed and boarded up?” said Krause. So, case closed? Not quite. The vast majority of dark store appeals brought by big boxes—many of which ask for write-downs of 50 percent—are being settled for a lower valuation, probably in the ballpark of 85 percent, Thomas Hamilton, a professor of real estate at Roosevelt University, told me. Many assessors strive to be conservative in their estimates, so they usually try to find a happy medium when taxpayers protest. Plus, it’s costly to litigate."