Quote:
Originally Posted by longislander
Tax Levy:IRS :
"A levy is a legal seizure of your property to satisfy a tax debt. Levies are different from liens. A lien is a legal claim against property to secure payment of the tax debt, while a levy actually takes the property to satisfy the tax debt."
tax rate X assessement = tax ... thank you! Keeps away the tax collector when paid.
When paying the town tax, most don't care about average tax bill. They care about their tax.
RE: Moultonborough, why not wait till the moultonborough taxes are sent out. Then see if tax went down. Then the conversations can begin on how "dumb" it was for the select board to return money back to the taxpayer, rather than spend on non-budgeted items.
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Levy means to impose, such as impose a tax on the town.
Part of the problem is that people don't want to understand this stuff. Those who want to spend more money love that. Letting people think that rising real estate prices are the reason taxes rise is deceptive. It needs to stop.
The government should not collect one penny more than it needs, having a surplus is a result of very poor planning IMO.
Side note: Is there a multi quote function in this forum?