Real Estate News & Current Events
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 16 years ago, 01/23/2009
Has the REAL economic slide started where you are??
Have been thinking alot,these last few days.(Dangerous I know) Tax enities have eagery spent more and more money,,,used ever increasing values of real estate to combat there increased costs.
Here that includes them ALL,,schools, cities, counties, colleges,,depend on the very real estate taxes we have ALL thought was going too high too fast
NOW with depressed prices and values,,,they SHOULD,,,actually they HAVE to rachet down those tax valuations to actual numbers,,,especially if protested.
They CANT double tax rates,,because of lids. they CANT cut back budgets without firing ALL there staffs and that wont work. If this chaos continues a 'couple ' more years,,,economic chaos is SURE to follow.
Blood in the streets will barely be a descriptive term,,,what will happen??,,who will fight fires?police the streets??teach our kids??
I am NOT a tax payer fan,I am not on the roles,,but for darn sure want it NOT to happen,,,only way would be to FREEZE valuations,which I dont think is possible.
I just think taxes here at least has gone up way to fast,,,last year saw the county take 25 to 40 % more just for there share,,,and they think their budget is so tight!! Ag land included in all this.
Whats going to happen?? IB--just don-