And home values decrease. Also level of salaries is I am sure same as 15 years ago, compare to cost of living now and15 yrs ago while salaries are down how can anybody make it in this world. This govt wanted to tax last 2 years like is was going out of style.
While your property tax amount is relative to your house value the other determinant (the mill rate) is not. The mill rate is amount of tax that is assessed for each $1 of the property. So if your home value goes down and your property taxes go up that means your mill rate has increased. Who sets the mill rate? The taxing authority for that tax (city, county or other unit).
And home values decrease. Also level of salaries is I am sure same as 15 years ago, compare to cost of living now and15 yrs ago while salaries are down how can anybody make it in this world. This govt wanted to tax last 2 years like is was going out of style.
And home values decrease. Also level of salaries is I am sure same as 15 years ago, compare to cost of living now and15 yrs ago while salaries are down how can anybody make it in this world. This govt wanted to tax last 2 years like is was going out of style.
While your property tax amount is relative to your house value the other determinant (the mill rate) is not. The mill rate is amount of tax that is assessed for each $1 of the property. So if your home value goes down and your property taxes go up that means your mill rate has increased. Who sets the mill rate? The taxing authority for that tax (city, county or other unit).
And home values decrease. Also level of salaries is I am sure same as 15 years ago, compare to cost of living now and15 yrs ago while salaries are down how can anybody make it in this world. This govt wanted to tax last 2 years like is was going out of style.
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