Quote:
Originally Posted by Ajd
First of all, I dont think this should be legal in any way shape or form... are they going to assess based on today's figures because we are in the middle of a huge real estate value bubble that will undoubtedly pop and inflation is killing us. More taxes more taxes more taxes
|
If you had a basic understanding of how your tax bill is calculated, you would not be alarmed.
If everyone's assessment went up by, say the same 20%, no final tax bill would change as ITD noted.
The amount raised by taxes it determined my Town and School district votes, not by the total valuation of properties in town.
Alan