Comments for Tax Bill Appeals Take Rising Toll on Governments »
Posted By engineer 5 months, 3 weeks ago in NewsHomeowners across the country are challenging their property tax bills in droves as the value of their homes drop, threatening local governments with another big drain on their budgets.
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The requests are coming in record numbers, from owners of $10 million estates and one-bedroom bungalows, from residents of the high-tax enclaves surrounding New York City, and from taxpayers in the Rust Belt and states like Arizona, Florida and California, where whole towns have been devastated by the housing bust.
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Justice4All5 months, 3 weeks ago
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It's easy to raise taxes by telling people their homes have gone up in value. Most are just happy that their house is worth more.
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But government only knows how to expand, they don't know how to spend less.
The challenge government faces is is to cut programs that help the people the most so the people will be willing to pay more.
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