Economics

California Town Slaps Back Taxes on Homeowners After Finding Error

Taxpaying homeowners in Folsom now owing thousands

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Slammed with thousands of dollars in back tax bills, a group of Folsom homeowners called Kurtis Ming after learning their homes weren't taxed properly for the past three years.

They paid their property tax bills every year.  But now, they're on the hook for $4,000 or $5,000.  Sacramento County admits it undertaxed them for years.