Even when values down, taxes always up
All through the 1990s, when property values were rising, we were told your property is more valuable, thus your real estate taxes are going to rise. In the mid-2000s, when property values peaked and flattened out, we were told they factor them over three years, thus your taxes are rising.
Now when the values have clearly declined for years they say that it’s the taxing bodies that need more money. Shouldn’t be able to have all ways, Either we’re taxed on the increase in values or were not. This wishy washy look here, look there nonsense should stop. Whoever OK’d any increases for these taxing bodies should be sent packing, but it seems whether you’re a Republican or Democrat the bull just flows freely with the lies.
Martin J. Uttich
Carol Stream