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Old 09-15-2007, 04:49 PM   #27
Claeren
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Join Date: Jul 2003
Location: Section 218
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And i am guessing they are speaking in absolute terms, which means when you factor in our extremely high average household income it is an even smaller amount comparatively.


Also note that you are complaining about '8 straight years of tax hikes' but that is not true. Property tax, unlike income tax, does not adjust with inflation. So if inflatin is 5%/year income taxes went up 5% last year (assuming your salary is keeping up with inflation) while your property taxes ONLY stayed flat if they were 'raised' by 5%. If the property taxes did not go up then the city is actually CUTTING taxes, not just leaving them flat.

We have not had a property tax increase i know of that greatly outpaced inflation.

Of further concern is that the city itself has a different 'basket of good and services' than the average consumer and has actually faced year over year inflation increases of 2%-5% higher that inflation. The fact that increases have been a fraction of that is a credit to City Hall IMHO.



Claeren.

Last edited by Claeren; 09-15-2007 at 05:03 PM.
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