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Old 11-22-2005, 05:53 PM   #45
ITD
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Woodsy,

I agree with most of what you said. The shot against the out of staters is not necessarily supported by who has posted in this thread, but I'll give that to you anyway. The point everyone seems to miss in the discussion of taxes is the misconception that the total amount of taxes collected has to increase with each revaluation. This just isn't true, that is why when values increase that tax rate changes. Ideally the value of all properties would increase proportionally and the tax rate would decrease proportionally to keep the total levy constant from year to year. Of course there are exceptions but on the most part that is how it should work.
Politicians take advantage of this misconception; they increase taxes and blame it appreciated real estate values. They sit back and spend, then blame the higher and higher taxes on the real estate market. The real villains are the slobs in YOUR legislature and local government wasting money. The way to send a message is to pay attention and vote the offenders out. Unfortunately most voters don’t pay attention while their wallets are being emptied and the politicians get more brazen.
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