better yet, can someone tell me why we are/were reducing the rates for upper
value homes and shifting the tax burden to lower and middle value
residential property? aren't they the least able to pay a higher percentage
of their income.....?
beth solle
ward 10
>
> The class rate reductions put in place over the last several years have been
> basically for all property types except middle and lower value homes.
> Higher values homes, commercial, and rental properties have all had
> reductions in their property taxes (if you hold constant for value). Once
> again, the debate at the legislature is how to cut taxes even more for
> higher value homes, commercial and rental. The result of this is to shift
more of the
> tax burden to lower and middle value residential property.
> Carol Becker
> Longfellow
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