Washingtonpost.com links



Interesting links this morning from washingtonpost.com.
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Assessments through the roof in Northern Virginia
Rising price of the American Dream
Good question and response at the live discussion going on right now -
Q: Is there any statutory limit in Virginia on how much a tax appraisal can rise per year? Here in Texas the limit is 10 percent, and there is a popular movement growing to lower that to 3-5 percent. But the cities and counties that rely on property taxes have a hard time giving up their automatic annual revenue increases.

Answer: Virginia has no restrictions, although some state candidates proposed such a limit in the last round of elections.

Ah, a limitation on property tax increases ... what will they think of next? Assessments are up everywhere!

Posted: Tue - February 1, 2005 at 11:31 AM         |


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