Posted 14 December 2016 - 07:58 PM
The average won't be 40%, probably closer to 25. Those people with 40% jumps will find their tax burden increasing. Personally I'm not going to bother paying taxes this year.
So if your tax bill goes up 15%, what does that mean? It's still not massive. Love it or hate it, this is the way we choose to pay property tax. Hard to blame BCA for just calling it like it is.
If Sparky is sitting on two properties valued in 2015 at just $750,000 each, and the real increase in value averages 44% (one at 42% and one at 46%), then his wealth just went up about $660,000.
If Sparky does not feel his personal wealth has increased by $660,000 in just this past year alone, there certainly are appeal processes.
<p><span style="font-size:12px;"><em><span style="color:rgb(40,40,40);font-family:helvetica, arial, sans-serif;">"I don’t need a middle person in my pizza slice transaction" <strong>- zoomer, April 17, 2018</strong></span></em></span>