The Mrs. and I are reaching retirement age and we’re planning on living in our home that we designed for that purpose as its only got one floor.
The problem comes when the towns property tax comes due and of coarse the towns don’t want to cut spending.Don’t you know the kids have to have the very best to get an education.
Who do they hit up for the money?Property Owners.Eventually the towns tax collector can steal your property even when you have No Morgage.
There should be a statutory limit to what the government can require in property taxation.
There should be a statutory limit to what the government can require in property taxation.
Years ago my local school district decided on a tax rate increase despite public opposition.
A local CPA started a successful petition for a rollback election. The school district was livid and made the usual threats; "we'll have to cut football and extracurricular activities, blah blah", to no avail. The election was held and the tax increase was rolled back.