3 ms·
That's valid, but 10% compounded yearly is going to quickly dominate any other taxes.
by rootusrootus 3y ago
That's valid, but 10% compounded yearly is going to quickly dominate any other taxes.
- seanmcdirmid 3y agoTheir tax bill is rising 10% a year, depending on their property tax (if it is budget based or not), this could just be that their property is appreciating 10% faster than everyone else’s property. That means their equity is shooting through the roof. If it isn’t on a budget system, that could mean that their property (and possibly everyone else’s) property is appreciating 10% a year, or maybe they are adding levies or increasing the rate to fund new spending.