Property taxes are an unavoidable fact of life for homeowners. However, not all property taxes are created equal. Rates vary widely across different states and cities. What you pay in property taxes has a profound impact on your overall cost of living. If you’re thinking of purchasing a home, here are the places with the worst property taxes in the country. Continue reading The Best and Worst Property Taxes In The Country
Cost of living news
When you purchase a home, you don’t just purchase the land or the building. You also enter into an agreement to pay property taxes. Rates vary around the country, however New Jersey property taxes are the highest in the country. Continue reading New Jersey Property Taxes Are The Highest In the Country
Economic weakness and burdensome tax policies (a major cost of living) suppress home values, and spurs those with mobility to leave the state. Continue reading Millennials Flee Illinois as Cost of Living Rises
Will Illinois taxes rise? It seems unlikely. However, the passage of a tax hike shows the importance of state tax law when comparing costs of living. Continue reading Will Illinois Taxes Rise? Democrats Pass 33% Hike
When one resident’s tax bill jumped 26 percent from $9,100 to more than $11,600 he took matter into his own hands. Sticking it to the treasurer’s office, Mr. McGrath decided to pay property taxes with $1 bills.