advertisement
Looking for something on the site? Search for it here! Also see Clark's Greatest Hits

Aug 26, 2004 -- State governments charging massive property taxes

Clark mentioned a while back that everyone focuses on what the Feds are doing with our taxes. But the states are actually taking more money out of your taxes, while the Feds are taking less. There have been state income taxes increases in several states and sales tax increases in almost every state that has them. But the real snake in the grass is the increase local and state governments have given to property taxes. As property values increase, these governments realize they can get more of your money. These governments are supposed to “roll back” taxes when values get higher and taxes get out of hand, but they have not been doing that. So, in some states, citizens have passed initiatives that will cap or restrict the amount of property tax elected officials can charge. Clark is very much in favor of that. But politicians don’t want to give up their power. So, in many states they have outlawed the chance for citizens to put these initiatives on the ballot. People need to realize that some of their very own elected officials are restricting their rights by doing this. You can change that if you get to know more about the politics in your area.

Unfortunately, Clark won't be able to answer any questions submitted via commenting. If you have a question, please try posting it to our message boards.

Avg. rating: N/A

What others are saying

There are no comments yet. Be the first to post one!

send to a friend  view as printer-friendly  RSS feeds
advertisement
advertisement
THIS WEEK'S POLL
advertisement