Why Does Your Devalued Home Have Such a High Tax Rate?See, that's why you don't vote for even the slightest little percentage of tax increase. A quarter percent here, an eight percent there, they all add up. And government just don't let taxes fall after an increase is voted in or mandated. They don't try to budget more. They have more money - our money - to play with so they just spend more.
Are your property taxes rising while the value of your house falls? Join the multitudes of Americans in the same predicament.
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It's a racket.
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2 comments:
Property values up here have fallen , but the county hasn't gone back and lowered the property tax on anyone. So much for "of the people, by the people."
That's what happened here too.
Taxes doubled when housing prices went up. Now that they're in the toilet, taxes are still doubled.
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