Thursday June 28, 2007

I don’t get it: over a number of years, property values have shot through the roof, and property taxes have followed. The current tax reforms are intended to roll back some (not all) of the disproportionate increases. So why is everyone in such a crisis mode?

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  1. Chris    Thu Jun 28, 09:46 AM #  

    That is the one thing I do not understand. Have these government offices gotten used to these inflated budgets in just a couple of years? Are they worse off than before this real estate boom that fattened their accounts? Probably not.

  2. Xavier    Thu Jun 28, 10:41 AM #  

    It’s a catch 22. You get the property tax cuts but potentially take away resources from an already floundering education system. I like the idea of cutting the superintendent’s fat salary just for spite’s sake.