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Post by avordvet on Mar 24, 2011 4:34:36 GMT -5
Voters Punish Local Officials for Escalating Property TaxesWednesday, 23 Mar 2011 03:59 PM, By Luis F. Perez Voters riled about property taxes across the country are starting to take it out on their local government officials. Homeowners are steamed because they are paying more in property taxes than before the recession, Bloomberg Businessweek reported Wednesday. The Tax Foundation, a Washington D.C.-based research group that advocates lower taxes, estimates that 3.5 percent of household income went to property taxes in 2009. That number in 2005 was 2.9 percent. Read more: www.newsmax.com/US/propertytaxes-voters-local-officials/2011/03/23/id/390525
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