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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: fatty who wrote (12583)8/18/2003 9:44:26 AM
From: GraceZRead Replies (1) of 306849
 
Good grief, how much service could be available that could even begin to make the difference between 14k and 3k? I'd rather make my own decision about how that money gets spent.

You're assuming that higher taxes would give people better services, it's the typical trap of thinking that if something cost more it must be better. I think if you examine different taxing areas you'll find there is little correlation between the level of overall taxation and the quality of services received for those taxes. If you simply look at real estate tax and it's relationship to the quality of schools in an area you'll see the relationship can frequently be an inverse one, that the schools people feel the best about sending their children to are ones that are in areas where the real estate tax rate is low. Cities frequently have rates that are twice what the surrounding suburbs have, yet people continually move out of them when their children reach school age so they can send them to the better public schools.
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