Tuesday, September 05, 2006

AOL - "States Attack Property Taxes" (8-25-06)

"At least 10 states have cut property taxes this year or are preparing to do so, part of a tax mini-rebellion that has been brewing alongside higher home prices."

"The attack on property taxes hasn't happened everywhere. California has had strict property tax limits since voters passed Proposition 13 in 1978, and some states haven't experienced soaring real estate values. The trend also could be tempered by recent declines in home sales and prices."

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