Reply to Elrich property tax increase

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It ends up being a vicious cycle.

Revenue is down (or- Elrich can't control spending).  So what do we do?  Raise taxes.

[b]People with means vote with their feet to neighboring counties, and VA.  [/b]

Revenue is down again- and schools are a little worse, and crime is up.   So what do we do- raise taxes.

Rinse, repeat.  [/quote]

People with means would pay tens of thousands of dollars to avoid a property tax increase of a few hundred dollars per year? I mean, maybe, but it's not a rational response.[/quote]

For high earners with high value houses, the increase is substantial, especially when added every year. We got a tax assessment notice INCREASING the value of our property by $1 million dollars. The assessment is not accurate because the market has cooled down from last summer. When you add in the tax rate increase, we will be paying $12,000 MORE a year in property taxes. We will likely go from $19,000 a year in taxes to $31,000 a year. That equates to almost $2,600 in property taxes each month. I don’t expect anyone to feel sorry for us having a high value home but my point is that we are not talking about a few hundred dollars. [/quote]

OK, so, for people with very high assessed property values, it would be more than a few hundred dollars a year. Would you sell and move if your property taxes went up like that?[/quote]

Not the PP and I know our increase would be much less than theirs, but I do feel like the universe has been trying to tell us something the last couple weeks.  DH commutes to NoVA daily and [b]there apparently is now no plan for traffic relief on the beltway/270.[/b]  I used to work in MoCo, now DC (by metro) but with a lot more telework flexibility than I used to have.   There are a lot of things I like about MD and MoCo and moving would be a PITA, but I just don’t know that it makes sense to stay long term.[/quote]

There was never any plan for "traffic relief" on the Beltway/270, just for toll lanes plus continued congestion in the non-toll lanes (because otherwise nobody would pay to drive in the toll lanes).[/quote]

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