Bill Clinton Scandal - SANITY CHECK Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Bill Clinton Scandal - SANITY CHECK

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lizzie Tudor who wrote (4699)	9/22/1998 2:53:00 PM
From: MulhollandDrive	Read Replies (1) of 67261

In my state, property is re-assessed every 2 years (I believe) and our real estate taxes rise commensurate with the increase property value. We have a provision on the books for senior citizens on fixed incomes called "circuit breaker" law. That provision prevents low income seniors from paying the higher rates. But, it is means tested just like any other "welfare" program. So the wealthy elderly pay their fair share just like everybody else. I can see how your real estate tax law would cause a problem in the normal supply/demand dynamic. It seems to me like an across the board rate reduction might open up the logjam. Has real estate tax reduction been discussed as a potential solution? bp

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next