To: Sonora
I think the property tax amount is adjusted only when the property is sold. So a house that grandma has lived in since the 60s is still being taxed at 1% of its 1965 value.
61 posted on
12/28/2007 12:13:12 PM PST by
TenthAmendmentChampion
(Global warming is to Revelations as the theory of evolution is to Genesis.)
To: TenthAmendmentChampion
You could be right, except ‘other’ types of tax is added over the years to bring it well over 1%.
64 posted on
12/28/2007 2:45:32 PM PST by
Sonora
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