Not really on topic, but I want to know when they will index property taxes to inflation? They are outrageous!
RE: Not really on topic, but I want to know when they will index property taxes to inflation? They are outrageous!
For states that do not have income taxes like Texas, I guess they have no choice but to raise property taxes *IF* the state government INCREASES welfare and other services.
For states like New Jersey or New York that have BOTH income and property taxes, I believe they have no choice but to not only index for merely inflation BUT MORE because of the increasing PENSION OBLIGATIONS being incurred for state and local employees whose pensions they have to pay for.