Barbara, property taxes are a horrible way to fund schools. The idea of paying taxes on the size and value of your property made sense in times where properties generated income via crops, livestock, etc. More property made more money so it was roughly aligned with income. No more. The tax is tied to market value and keeps growing withou…
Barbara, property taxes are a horrible way to fund schools. The idea of paying taxes on the size and value of your property made sense in times where properties generated income via crops, livestock, etc. More property made more money so it was roughly aligned with income. No more. The tax is tied to market value and keeps growing without producing income. The tax keeps growing regardless of the owner’s income. People who retire, become disabled, or just can’t find work are taxed at higher and higher levels. I don’t have children but still vote for school levies, but as a retired person living alone my property taxes have increased to be 40% of my Social Security. I do understand why people vote against school levies!
Barbara, property taxes are a horrible way to fund schools. The idea of paying taxes on the size and value of your property made sense in times where properties generated income via crops, livestock, etc. More property made more money so it was roughly aligned with income. No more. The tax is tied to market value and keeps growing without producing income. The tax keeps growing regardless of the owner’s income. People who retire, become disabled, or just can’t find work are taxed at higher and higher levels. I don’t have children but still vote for school levies, but as a retired person living alone my property taxes have increased to be 40% of my Social Security. I do understand why people vote against school levies!