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Metropolitan DC Local Politics
Reply to "explain to me the logic of Baltimore. why have property taxes never been cut?"
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[quote=Anonymous]It's so obvious Baltimore's outrageous property taxes are one of the single biggest reasons that strangle the city's improvement. It has been this way for years. I just do not understand how and why the problem of insanely high property taxes have ever been addressed. Baltimore has an excellent location, but nothing can improve until they reduce property taxes by as much as half. It's insane someone owning a $550k home in Baltimore is paying the same or even more than a millionaire home owner in Bethesda in terms of property taxes. Boston had this same problem decades ago and significantly cut their property taxes. The city dramatically improved because people did the financial math and it made sense to buy and live in Boston. I just do not understand why Baltimore doesn't fix such an obvious problem. What gives? [/quote]
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