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Metropolitan DC Local Politics
Reply to "Elrich proposes MoCo property tax increase"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The tax increase would be from 0.032 to 0.033. That works out to be about $100 for every $100,000 you make. Not a big tax increase.[/quote] I don’t think I get a good value for 0.032 so I certainly don’t want to pay more. Make all developers pay their fair share before asking me for more. [/quote] They voted it down today. No tax increases.[/quote] Good news for this year. Next year not so much. They funded their spending by borrowing from a retiree benefit fund. They’re going to have to pay that back and find money for all the spending they added this year. And they’re going to have to do that while they continue to erode the property tax base with giveaways for developers. [/quote]
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