Anonymous
02/15/2025 15:50
Subject: dc property tax large increase
Enjoying having the cheapest house ($1.4M) in a neighborhood full of mansions 🥂
Anonymous
02/15/2025 14:31
Subject: dc property tax large increase
Anonymous wrote:mansion tax
This week, the DC Council voted on the revised Fiscal Year 2025 Local Budget,[1] reversing some budget and program cuts proposed in Mayor Bowser’s budget proposal.[2] To make up for fiscal gaps, the Council is raising some taxes, including a real property tax increase for residential properties assessed at above $2.5 million. The so-called “mansion tax” would separate class 1 properties into classes 1a and 1b. Properties assessed above $2.5 million would be deemed class 1b and would be subject to a $1.00 tax per every $100 of assessed value above $2.5 million, compared to the current $0.85. The tax increase would generate an additional $5.7 million in revenue for fiscal year 2025 and $23.7 over the course of the financial plan
thieves
This really flew under the radar. Maybe they let all that crime happen just to distract people from stuff like this.
Anonymous
02/15/2025 09:10
Subject: dc property tax large increase
Anonymous wrote:mansion tax
This week, the DC Council voted on the revised Fiscal Year 2025 Local Budget,[1] reversing some budget and program cuts proposed in Mayor Bowser’s budget proposal.[2] To make up for fiscal gaps, the Council is raising some taxes, including a real property tax increase for residential properties assessed at above $2.5 million. The so-called “mansion tax” would separate class 1 properties into classes 1a and 1b. Properties assessed above $2.5 million would be deemed class 1b and would be subject to a $1.00 tax per every $100 of assessed value above $2.5 million, compared to the current $0.85. The tax increase would generate an additional $5.7 million in revenue for fiscal year 2025 and $23.7 over the course of the financial plan
thieves
Wow, huge jump there.
Anonymous
02/15/2025 08:54
Subject: dc property tax large increase
The new Commander's stadium isn't going to pay for itself.
Anonymous
02/15/2025 08:51
Subject: dc property tax large increase
mansion tax
This week, the DC Council voted on the revised Fiscal Year 2025 Local Budget,[1] reversing some budget and program cuts proposed in Mayor Bowser’s budget proposal.[2] To make up for fiscal gaps, the Council is raising some taxes, including a real property tax increase for residential properties assessed at above $2.5 million. The so-called “mansion tax” would separate class 1 properties into classes 1a and 1b. Properties assessed above $2.5 million would be deemed class 1b and would be subject to a $1.00 tax per every $100 of assessed value above $2.5 million, compared to the current $0.85. The tax increase would generate an additional $5.7 million in revenue for fiscal year 2025 and $23.7 over the course of the financial plan
thieves
This week, the DC Council voted on the revised Fiscal Year 2025 Local Budget,[1] reversing some budget and program cuts proposed in Mayor Bowser’s budget proposal.[2] To make up for fiscal gaps, the Council is raising some taxes, including a real property tax increase for residential properties assessed at above $2.5 million. The so-called “mansion tax” would separate class 1 properties into classes 1a and 1b. Properties assessed above $2.5 million would be deemed class 1b and would be subject to a $1.00 tax per every $100 of assessed value above $2.5 million, compared to the current $0.85. The tax increase would generate an additional $5.7 million in revenue for fiscal year 2025 and $23.7 over the course of the financial plan
thieves
Anonymous
02/15/2025 08:49
Subject: dc property tax large increase
Is anyone else seeing a large property tax increase for 2025?
Our assessment went up 3.7% but our taxes went up 14.8%.
did something change in the tax law?
thanks
Our assessment went up 3.7% but our taxes went up 14.8%.
did something change in the tax law?
thanks