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Old 04-24-2009, 11:26 AM
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SOREHOOF SOREHOOF is offline
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Join Date: Mar 2007
Location: Peoples Republic of the United Socialist States of Chinese America
Posts: 1,501
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The more houses that are unoccupied and not paying taxes, the more the taxes will rise to make up for it, especially school taxes. I am afraid that if this energy bill goes through it will be a double whammy. Schools use electricity too. School taxes jumped big time where I live due to oil costs and will probably skyrocket with another increase in energy costs. That coupled with a decreased tax base could be murder for me. Sucks when you're careful to buy within your limits and still have enough $ left to enjoy life then oil prices, gas prices, and taxes threaten to take it all away. I believe home assessments were inflated so localities could get more in property taxes while everything was going great guns. That may keep them inflated for a while.
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