Sunday, August 16, 2009

TAX LIGHTNING STRUCK DOWN

Hurray for my good friend, Stephanie Dzur, who took on the Tax Assessor and won!! She protested the "tax lightning" regulation as unconstitutional. The judge agreed that bumping up the property taxes on properties when a purchase occurs is not fair. For other homeowners, taxes can only go up 3% a year, but for buyers the increase is unlimited. I listed a property yesterday where the taxes were $700 when he bought the home two years ago. The increase was $2200 per year a more than threefold increase which amounted to almost $250 per month. He's selling the house and moving out of State. Shame, as we say in Africa! For more information, check out this link: http://noproposition13innm.blogspot.com/

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