Quote:
Originally Posted by Roughneck
But what justifies the tax difference between a 2,000 square foot single-family home and an 1,800 square foot single family home next to it on equally sized lots? You upgrade your siding, do some landscaping, change your windows. Your assessment goes up and you get taxed more than somebody who did nothing. Why?
How many sprawling developments would be built if the lot was taxed the same from the time a road and utilities was built to it, as a house was built on it?
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I assumed it was just because it was an excuse for the city to generate more revenue. Like when I finish my basement, and they decide to charge me more tax for no particularly good reason.
They charge a lower property tax on that empty lot to the builder, but then say that whatever you have of value on that land we would like to have more revenue because of that.
I think that will always be the case, regardless of what the base rate for the serviced land will be.