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To: The Philosopher who wrote (14356)6/6/2002 7:15:41 PM
From: TimF  Read Replies (1) | Respond to of 21057
 
Yes if the value of your house goes up more you pay more taxes, but if you have a loss or a gain on the house the taxes are determined by the current assessed value not the loss or gain. Also if you lost thousands of dollars investing in dot coms while your house went up in value your wealth may be the same or less but your tax bill still goes up.

Tim