← Back to context Comment by __turbobrew__ 2 days ago Ok, but if real estate prices half the city can just double the tax from 0.5% to 1%? Correct? 3 comments __turbobrew__ Reply tomrod 1 day ago Yes, but every elected official will lose their job at that millage rate increase and you'll have riots. __turbobrew__ 1 day 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 1 day ago Because people don't enjoy paying taxes if they perceived they should go down.
tomrod 1 day ago Yes, but every elected official will lose their job at that millage rate increase and you'll have riots. __turbobrew__ 1 day 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 1 day ago Because people don't enjoy paying taxes if they perceived they should go down.
__turbobrew__ 1 day 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 1 day ago Because people don't enjoy paying taxes if they perceived they should go down.
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.