Do you root for Kyle Busch or Kasey Kane? Or are you more conservative and root for Jimmy Johnson or Jeff Gordon?<quoted text>
I'm not singling you out for my reply but you just happened to be the last post.
Will everybody quit complaining about a tax increase. NOBODY knows exactly what their tax bill will be with the new reassessment values. The exact amount of your taxes will only be known after:
(1) all appeals are completed.
(2) your local taxing authorities complete NEXT years budget and compute a millage rate for the taxes.
Just because your assessment went up doesn't directly lead to a tax increase. The fact that the assessed value went from 50% to 100% has absolutely no effect on the amount of your taxes, everyone's changed the same in that respect.
As an example, if EVERYONES assessments went up 100%, 200%, xxx%, etc., or down by any amount, no ones taxes would change. The relationship between the ASSESSED VALUE and YOUR TAXES is determined by the what percentage YOUR ASSESSED VALUE is of the TOTAL ASSESSED VALUES of all properties in your taxing jurisdiction. If your percentage went up in relation to some other properties, then your tax will be more than the other properties, or if it went down, then your taxes will be less. All properties with the same percentage, i.e. same assessed value, will be taxed the same.
Do you like a dirt track or paved track?
Do you prefer potato salad or macaroni salad?
What's your favorite color?
Do you have a lucky number?
Do you prefer living in the city or country?