April 12, 2005

Property Owners Burden Rising

Peter Whoriskey:
"What is all the money going for?" the 60-year-old translator wondered last week. "I'm not seeing it in better services. Homeowners are becoming cash cows."

The spectacular boom in Washington area real estate prices over the last five years has been accompanied by staggering increases in home tax bills as many local governments have spurned significant tax cuts in favor of reaping billions more from homeowners.
Judging by the number of "Madison Property Taxes" inbound searches recently, this is a topic on many local homeowner's minds. Posted by James Zellmer at April 12, 2005 8:34 AM | Subscribe to this site via RSS:
Posted to Taxes