There is a property tax crisis! Rising property taxes are squeezing retirees who have lived in the same home for 20, 30 or 40 years. For many retires, it takes them two full months of their fixed income to pay their rising property taxes.
With seniors starting to receive their tax bills, the levies are crushing them. Assessments in some areas have climbed 9 to 10 percent for several years in a row as housing prices were rising. |