Comment by __turbobrew__ 6 months ago Ok, but if real estate prices half the city can just double the tax from 0.5% to 1%? Correct? 5 comments __turbobrew__ Reply tomrod 6 months ago Yes, but every elected official will lose their job at that millage rate increase and you'll have riots. __turbobrew__ 6 months ago Why? If the real estate prices half and the municipality doubles the tax rate, everyone pays the same amount of tax in dollars per year? tomrod 6 months ago Because people don't enjoy paying taxes if they perceived they should go down. 2 replies →
tomrod 6 months ago Yes, but every elected official will lose their job at that millage rate increase and you'll have riots. __turbobrew__ 6 months ago Why? If the real estate prices half and the municipality doubles the tax rate, everyone pays the same amount of tax in dollars per year? tomrod 6 months ago Because people don't enjoy paying taxes if they perceived they should go down. 2 replies →
__turbobrew__ 6 months ago Why? If the real estate prices half and the municipality doubles the tax rate, everyone pays the same amount of tax in dollars per year? tomrod 6 months ago Because people don't enjoy paying taxes if they perceived they should go down. 2 replies →
tomrod 6 months ago Because people don't enjoy paying taxes if they perceived they should go down. 2 replies →
Yes, but every elected official will lose their job at that millage rate increase and you'll have riots.
Why? If the real estate prices half and the municipality doubles the tax rate, everyone pays the same amount of tax in dollars per year?
Because people don't enjoy paying taxes if they perceived they should go down.
2 replies →