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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jim McMannis who wrote (141316)8/15/2008 2:11:18 PM
From: deenoRead Replies (2) of 306849
 
"Your neighbor could be paying twice the property tax you are on the same house. That's fair?"

OR pay half of what I pay.

Is it fair? YES. We all knew the deal when we bought property. 1% and 2% increase. If the property drops the new neibor pays less. OK with me. Let the state know exactly what they can spend. Sounds like a good idea.
Is it fair to expect that some people are paying 2 or 3 or more times the property tax in other states for no other reason that the state wants more money? From a cash flow standpoint property tax is just outragous anyway. My house doubles. Does my income? my spending? my use of goverment facilities? "tax 'em till they have to leave" I guess thats your motto.
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