Taxation and the middle class

[ijmorlan]

Okay it's a tax hike...regardless if inflation went up by 2 or 20%...home owners will be paying more next year, on the heels of the worst economically performing year in ages. I understand the argument that everything else is going up in price (including services the city pays for that the general public, or segments within, benefit from) so the taxes are "keeping up"...

Does anyone have the breakdown of spending and savings incurred by the City for year to date, which takes into account covid implications?

Actually even the bolded part isn’t necessarily true. If the total number of homes went up by 1.1%, then the amount paid per home would actually stay the same. While the points about inflation are valid, the core of what I’m pointing out is that property tax “increases” if the total receipts increase, whereas other taxes only “increase” if the taxation rate increases.