Woodsy,
I should have said constant from year to year with adjustment for inflation. Raises for teachers, municipal workers are a sore subject because these are the first things to be considered to cut. Hit 'em where it hurts. People shouldn't have to beg for a cost of living increase. The problem is pork, entitlements, patronage and greed. Reasonable increases are one thing, but doubling and tripling taxes in a few years, then politicians blaming it on the real estate market? We're not all that stupid, but maybe they are.
I'm actually not complaining about paying taxes on my second home, I knew what I was getting into when I bought it, just like I know when I call someone to work on it I get charged more. Part of the deal. Its also been a better investment than the stock market.
Anyone who thinks their tax bill will go down if the bubble bursts is going to be in for a sorry suprise.
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