Monday, September 1, 2008

It is not only the price of fuel hitting the pocket book

"A major piece of the puzzle is that the state rate buydown only affected school property taxes and the 47% of the property tax burden attributable to other local government entities has increased due in part to rate increases. Too many local governments grew excessively instead of tightening their belts, increasing their spending by 11 to 12% over this period, compared to 7 to 8% increases in the previous decade, which translated into higher property taxes."

and we thought we got a property tax cut................................the worst is yet to come

1 comment:

outsider said...

and all with a Republican controlled congress. So much for smaller government.