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Old 11-18-2023, 07:43 PM   #81
John Mercier
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From tummyman's numbers... it came from no longer having excess funds lying around that you can buy down the tax rate with.

If I tax you $1M in excess one year, and then the next year return it to buy down the tax rate, you can guess that the third year is going to go up without the buy down.

That would mean the tax rate from 2021 and back would be higher than necessary... not specifically this one. As those would be the rates that created the surplus for the buy down to happen last year.
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