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LSDefine

Simple English definitions for legal terms

equalization board

Read a random definition: tax-benefit rule

A quick definition of equalization board:

An equalization board is a group of people who work for the government and make sure that taxes are distributed fairly. They make sure that people in different areas pay the right amount of taxes based on how much money they make and the value of their property. This helps to make sure that everyone pays their fair share and that the tax burden is spread out evenly.

A more thorough explanation:

An equalization board is a group of people who work for the local government. Their job is to make sure that taxes are distributed fairly among different areas. They do this by adjusting the tax rates in different districts. This helps to make sure that everyone pays their fair share of taxes.

For example, let's say that there are two districts in a town. District A has a lot of expensive homes, while District B has mostly small apartments. Without an equalization board, the people in District A might end up paying much less in taxes than the people in District B. This would not be fair. The equalization board would adjust the tax rates so that everyone pays a fair amount.

Another example could be a city with different neighborhoods. Some neighborhoods might have more businesses than others, which could affect the amount of taxes they pay. The equalization board would make sure that the tax burden is distributed fairly among all neighborhoods.

equalization | equalization of taxes

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got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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