Keyword: propertytaxes
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BREAKING: President Trump says he wants no more property taxes across the United States.
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A Long Island suburb voted to wallop homeowners with a 87% property tax hike— with local officials saying the insane increase was necessary because of a years-long administrative goof. Atlantic Beach’s village board of trustees told residents the big number was needed because of how taxes were assessed by the county in recent decades but officials refused to give The Post further information or answer any questions. The Nassau County assessor said it was the village government that was improperly billing commercial properties. ... Though village officials blamed assessment quirks, some residents said part of the hike is to cover...
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He wants lawmakers to issue $1,000 for each of about 5.1 million homesteaded properties in the state. The rebates would be issued in December, covering state-mandated school property taxes, which he says would prevent a loss in funding for districts. “We need to focus on our Florida residents and to focus on in this case, Florida homeowners, particularly our homesteaded homeowners and we need to focus our relief there.” The second-term Republican governor and former presidential candidate said he wants a ballot initiative aimed at lower property taxes on the 2026 ballot that he says will provide “robust protections” for...
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As Tax Day nears, fiscally conservative leaders in several states are pushing to abolish property taxes, with one Pennsylvania lawmaker arguing that homeowners shouldn’t have to "pay rent" to the government. That lawmaker, state Rep. Russ Diamond, R-Lebanon, spoke to Fox News Digital on Thursday ahead of his latest effort to end the collection of such taxes in the Keystone State. Diamond will put forward a resolution — titled HB 900 — which Fox News Digital learned exclusively will be filed imminently. The document is a draft constitutional amendment he hopes will go to the voters on Election Day, and...
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Mitch Vexler files criminal complaint with the DOJ claiming homes are falsely appraised to create higher tax revenue for the school districts. What this could mean for home owners and real estate investors.
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New York Gov. Kathy Hochul and Senator Kirsten Gillibrand warned that the possible Department of Education eradication President Trump has alluded to will cause property taxes to spike across the state. The Democratic duo gathered for a press meeting on the state of public education on Sunday morning days after Democratic members of Congress were denied access into the Department of Education building. The pair expressed concern over reports that Trump is considering gutting the department through an executive order and then pushing for legislation to abolish it altogether. As many try to wrap their heads around what exactly the...
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Wagoner County residents will be voting February 11th on a sales tax that would pay off a $13.5 million settlement in a wrongful death lawsuit involving the jail. That, according to a growing number of concerned residents and business owners, is only one of the more visible symptoms of systemic mismanagement and possible corruption in county government. [Hear the KRMG In Depth Report on a possible conflict of interest in Wagoner County HERE] Recently, business owner Rebecca Olson announced plans to build a new business complex in downtown Wagoner (related story here). As part of that process, she asked the...
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A Nebraska man is getting title to his home back, years after losing it over a $588 tax debt .... Kevin Fair of Scottsbluff has been involved in a legal dispute since 2018, when he lost title to the home he had owned for nearly three decades for failing to pay $588 in overdue property taxes. Scotts Bluff County sold the lien to a private investor, as allowed by Nebraska law at the time. When Fair couldn't repay the money along with interest and fees, the title went to the investor, though Fair was allowed to stay in the home...
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Robin McElroy, a Morgan Park resident, has cherished her Chicago home since purchasing it in 2012. But now, she’s facing panic and frustration over a mix-up involving unpaid property taxes. Despite proof of consistent payments since 2012, McElory recently received a letter from the Cook County Circuit Court stating her home was sold for delinquent taxes, and she may owe three years of back rent to the buyer. According to McElroy, she's never been late on her taxes. She even showed CBS News Chicago reporters proof of her tax payments. It’s been a long-standing issue for McElroy — one she...
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BISMARCK, N.D. (North Dakota Monitor) – Rick Becker, the driver of the statewide measure to essentially abolish property taxes, said he sees the fundraising efforts of the “vote yes” and “vote no” camps as a classic David-and-Goliath matchup. Supporters of Measure 4 have raised just over $105,000 for a group called End The Unfair Property Tax. The coalition opposed to Measure 4, Keep It Local, has raised more than $1.8 million, according to campaign finance reports available as of early Friday afternoon. Becker described the donors supporting Measure 4 as “regular North Dakota folks.” [snip] Education-related groups have made the...
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Voters in North Dakota have a chance to put an end to property taxes. A ballot measure in North Dakota will give voters a choice to end property taxes in the Peace Garden State. Steve Moen, one of the many voices calling for property taxes to be abolished, shared, “The way our taxes are going, if this doesn’t pass, there’s going to be a lot of elderly citizens losing their homes.” Rick Becker, the chair of the organization, that helped put the measure on North Dakota’s state ballot, shared, “property taxes are the most egregious and least moral of all...
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If you’ve owned a home in the U.S. for at least a few years, its value has likely risen — maybe significantly. This is generally a good thing, since it can help raise your net worth, which can in turn lead to greater financial security. But there’s also a dark side: A rise in your home’s value can also mean a rise in your property taxes, which can strain your finances. Home values influence property taxes First, it helps to know how property taxes are calculated. Your property taxes are calculated by multiplying the “mill rate” by your property’s assessed...
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A senior from Montana has delivered a viral speech about the sorry state of property taxes in the Treasure State. “I’m on Social Security, I’m 68-years-old and working just to pay my taxes,” says Kurt, in a clip shared on TikTok by Ryan Busse, who is running to be the next governor of Montana. Kurt claims that over the last couple of years, his annual property taxes have soared from $895 to almost $8,000 — an increase of around 790% — which he says is like paying almost “$700 a month rent to the state to live in our own...
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Black residents of Chicago should receive reparations in the form of no property taxes, a local activist group says. The group wants city leaders and Cook County to stop imposing the taxes on those residents who are allegedly being displaced from their homes, Fox 32 reported Monday. Reconstruction Era Reparation Act Now (ReRaN) Founder Howard Ray said, “People lost their homes because of property taxes. Because everybody’s been overcharged.” “So what we want to do especially for the Black community because we’re very fragile, we want to keep them and preserve them here and by doing that, we can hold...
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The latest Census Bureau data on population changes in America should have been a wake-up call to lawmakers in blue states and cities. The Census data provide even further evidence that “soak the rich” tax policies have incited a blue-state meltdown. California, New York, and Illinois all lost the most population last year. These states have nearly lost a combined 5 million people over the past decade. California and New York could both lose another three congressional seats by the end of the decade, and Illinois another two. Did I mention that these are the three states with the highest...
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Soaring home insurance premiums in Florida are putting residents under unbearable financial pressure, with many telling Newsweek that they are considering leaving the state or moving somewhere cheaper within Florida. The state has currently the most expensive home insurance premiums in the country, according to a recent report by the Insurance Information Institute. Residents are currently paying on average more than $4,200 per year compared to the national average of $1,700, according to data from Triple I. While this is due in part to the increased risk of devastating weather events like hurricanes, other factors—including an excess of litigation and...
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A typo resulting in a multimillion dollar property value assessment error is expected to affect multiple taxing districts in Kootenai County and delay the distribution of property tax notices. County elected officials convened Thursday for a special meeting to address an overvalued lakefront property in the Rockford Bay Area. An assessor valuation amendment signed Oct. 24 by commissioners and Chief Deputy Assessor Ben Crotinger indicates the front footage of the parcel, was mistakenly entered by an appraiser as 6,966 feet instead of 69.66 feet. The error caused the property’s valuation to jump from $1.4 million in 2022 to $54.3 million...
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In addition to the off-year elections to be decided this November in Virginia, Kentucky, Louisiana, and Mississippi, a number of ballot initiatives will be voted on in other states. Perhaps the most consequential measure appearing on the November 2023 ballot, at least when it comes to fiscal policy, is found in Colorado, where voters will be asked whether they want to weaken the nation’s strongest tax and expenditure limit in exchange for property tax relief. Proposition HH, which was referred to the November ballot by Colorado lawmakers with the support of Governor Jared Polis (D), would weaken the state’s Taxpayer’s...
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Legislative Democrats have been scheming to kill Colorado’s Taxpayer’s Bill of Rights, or TABOR, since before it was added to the state Constitution in 1992. Hardly a year goes by without a bill, proposal, “listening tour,” or lawsuit hatched to enable state legislators to spend money TABOR denies them. Now, they’re at it again. This time, they’ve proposed a Rube-Goldberg ballot initiative called Proposition HH. Some of its superficial details might seem novel — like lipstick on the proverbial pig — but it’s only the latest gambit in a political long-con that has gotten very, very old. That’s why the...
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In the modern rental market, some apartments and other types of homes for rent have requirements from their owners dictating the level of a tenant's income. Typically, these require tenants to make three times their monthly rent in income to qualify, with some requiring up to four times the rent to ensure tenants will pay each month. Over the past few years, rental rates have increased dramatically across the U.S., with a 16% increase observed nationally from 2021 to 2022, according to NerdWallet. While that growth has reportedly slowed, rents remain higher than they have historically. A TikToker questioned the...
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