Property Taxes on the Grow


According to a new report from the Tax Foundation:

Property tax collections have exploded over the last four years….Adjusted for inflation, property taxes have increased by 12 percent…"It's about 27 percent in nominal terms since 2000." By comparison, property taxes increased by just 2 percent from 1994 to 2000.

……Soaring property taxes around the country have pushed lawmakers to seek reforms. In states such as New York and New Jersey, where property taxes are the highest, legislative sessions beginning next spring will attempt to address taxpayers concerns.

For those eager to listen to people talk about rising property taxes while jogging, study author Gerald Prante has a podcast on his findings .