Quote:
Originally Posted by tophcfa
We planed for our expenses to go up based on the CPI, not by 25%. Since a good portion of our income is tied to the CPI, seeing a 25% increase in property taxes takes a bite out of our discretionary spending budget. Is it not unreasonable to expect our government officials to be fiscally responsible, just like seniors on a fixed budget have no choice but to be?
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Talking percentages is like a blind man touching the tusk or an elephant and concluding it is made of ivory ;-)
Devil is in the complex details well documemted in this thread,
I had a similar reaction until I comprehended this is an increase in just the county tax portion of the tax bill. It is not a 25% increase in the total property tax. Net increase if I understand correctly is less than a dollar a day for 300K property.