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Metropolitan DC Local Politics
Reply to "2024 property tax assesments"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Looks like DC figured out how to make up for lost commercial property tax and sales tax revenue without officially increasing tax rates. [/quote] Oh, do you have evidence of taxable assessments higher than market value? Mine is still about $100k+ below market value and I suspect a lot of others are lagging as well.[/quote] The point is whooshing above your head. Taxable assessments in DC have traditionally lagged market values for as long as I’ve lived here. The year I bought my house where a market value was established, my assessment was $200k below. They wouldn’t need to exceed market values to more aggressively increase taxable assessments. It’s just going to piss off a lot of people, particularly first time homebuyers who may have ability to accommodate increases in their monthly payments to cover escrow.[/quote] Yeah, I think we agree that I don't understand your point. It seems like you're saying what DC is doing is unreasonable, but I don't understand why. [/quote] Where did anyone say anything that you just wrote? It’s like you invented an entire debate in your head and then projected it. The problem is that no one is debating you. That’s why things are whooshing past you. [/quote]
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