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March 10, 2006

Comparison Of Property Tax Cut Plans

Housing price increases are forcing Howard County to look at how property taxes are assessed.

I’ll add one more wrinkle into the mix. If housing prices level off and the annual rise in value dips below 4%, whose plan would be more beneficial to everyone? Obviously you would have to say Robey’s. If the assessed value isn’t increasing by at least 4%, there is no benefit to Feaga’s tax cut plan whatsoever whereas Robey’s plan would at least provide a concrete lowering in the amount of taxes owed, regardless of the value of the home.

 

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HoCo: Comparison Of Property Tax Cut Plans

Posted on March 10, 2006 05:50 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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