ST Alpha - "Okay, that's what I figured it was." (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 156

In response to "limits annual property tax increases to 2% of the original purchase price" by pigby

Okay, that's what I figured it was.

Posted by Will Hunting (aka JoeMetz) Jan 29 '09, 18:37

yeah, this is why you don't let the people institute tax policy.

Responses:

the hilarious part is all these cratering values means everyone who buys low is guaranteeing even more lost revenue for years to come -- nm - pigby Jan 29, 18:39 5
- Except doesn't the local gov come out and reassess property values every set number of years? -- nm - Stephen Jan 29, 18:43 4
  - In Illinois it's 3 years. And right now the current asseements are based on the realty bubble prices. - the liioulu with tiny planes Jan 29, 18:47
  - If your tax increase cap is on your original purchase price, that won't matter. -- nm - TFox Jan 29, 18:45 2
    - I'm not sure if that's the case -- nm - Stephen Jan 29, 18:56 1
      - I mean, it says exactly that 5 posts up. That's what I'm basing it on. -- nm - TFox Jan 29, 18:57

Post a message top

Replies are disabled on threads older than 7 days.