ST Alpha - "The only thing keeping me in my house is the fact the government has limits to the amount my taxes can increase." (Reading a Post)

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In response to "Small problem in comparison to the massive budget issues that arisse from the legal-defined limitations." by Will Hunting

The only thing keeping me in my house is the fact the government has limits to the amount my taxes can increase.

Posted by Redmond has a particular set of skills (aka REDMOND) Jan 29 '09, 18:40

The people voted these in when the Government started raping them.

Responses:

And right now, the state has very little ability to raise funds necessary to provide for the common good at large - Will Hunting Jan 29, 18:43 4
- Jacking up taxes on people already struggling to pay their mortgage doesn't sound smart in these "times of true need". - Dr.Vermin Jan 29, 18:55 1
  - If the value of the home is jumping 15% a year (not uncommon the last 5), but you have a cap of 2%....you've just destroyed your IM of taxing value. -- nm - Will Hunting Jan 29, 18:57
- I used to live in California. They have ever possible tax you can imagine. They can raise sales tax rates, Income tax rates, only property is capped -- nm - Redmond has a particular set of skills Jan 29, 18:45 1
  - Usually if the tax is capped in one area, it gets raised in another. -- nm - the liioulu with tiny planes Jan 29, 18:47

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