trail90

Blue Ridge, GA

#1 Dec 31, 2013
Has anyone else noticed the tax rate comparison in todays Q & A. Makes you stop and think Wow our taxes are low, however what is not compared is that a 200k house in Union would only be valued at 150-165 k in the other counties or another way to express this a 200k house in the other counties would be much much larger and nicer than a 200k house in Union People wake up It is not the mill rate but the assessed value times the mill rate that counts. Cutting the mill rate does not cut your tax bill if assessments go up.
good one

Waynesville, NC

#2 Dec 31, 2013
trail90 wrote:
Has anyone else noticed the tax rate comparison in todays Q & A. Makes you stop and think Wow our taxes are low, however what is not compared is that a 200k house in Union would only be valued at 150-165 k in the other counties or another way to express this a 200k house in the other counties would be much much larger and nicer than a 200k house in Union People wake up It is not the mill rate but the assessed value times the mill rate that counts. Cutting the mill rate does not cut your tax bill if assessments go up.
If you read MV newsletter you would have found that out already. That is exactly what he was trying to show you in the value of the houses going up to make up the difference.
good one

Waynesville, NC

#3 Dec 31, 2013
trail90 wrote:
Has anyone else noticed the tax rate comparison in todays Q & A. Makes you stop and think Wow our taxes are low, however what is not compared is that a 200k house in Union would only be valued at 150-165 k in the other counties or another way to express this a 200k house in the other counties would be much much larger and nicer than a 200k house in Union People wake up It is not the mill rate but the assessed value times the mill rate that counts. Cutting the mill rate does not cut your tax bill if assessments go up.
Go to page 20 .......

If you missed the 24 page report here is a link in PDF format,:

http://tinyurl.com/ngphye4
And the 24 Page News Report at the above link is what he is reading.
Drawl

Blue Ridge, GA

#4 Dec 31, 2013
trail90 wrote:
Has anyone else noticed the tax rate comparison in todays Q & A. Makes you stop and think Wow our taxes are low, however what is not compared is that a 200k house in Union would only be valued at 150-165 k in the other counties or another way to express this a 200k house in the other counties would be much much larger and nicer than a 200k house in Union People wake up It is not the mill rate but the assessed value times the mill rate that counts. Cutting the mill rate does not cut your tax bill if assessments go up.
This has been pointed out many times.but still folks just don't seem to understand that we are being took to the cleaners on our personal taxes.Low millage rate times high assessment equals higher tax bill . GET IT.
trail90

Blue Ridge, GA

#5 Jan 1, 2014
Thanks for the link
Tea Bag

Canton, GA

#6 Jan 1, 2014
Atlanta Investigative Journalist working on story to show cronyism. Taking some people months to have judgments served on locals and posted in paper.
Will post link when it hits AJC and ATl Unfilte

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