My tax assessment on the new house that I built has increased $165,000 since 2020. I also pay personal property tax on my 2005 Ford Truck, my 2008 horse trailer, and my 2020 Rav4, even though I paid for those vehicles and paid sales taxes. Because the tax rate has also increased, my real estate taxes have almost doubled. There should be a homestead cap on the increases, and the assessments should not increase annually. I at least have a good job. My retired neighbors are not so lucky.
My tax assessment on the new house that I built has increased $165,000 since 2020. I also pay personal property tax on my 2005 Ford Truck, my 2008 horse trailer, and my 2020 Rav4, even though I paid for those vehicles and paid sales taxes. Because the tax rate has also increased, my real estate taxes have almost doubled. There should be a homestead cap on the increases, and the assessments should not increase annually. I at least have a good job. My retired neighbors are not so lucky.