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States try to ease property-tax rise
Faced with revolts by homeowners, legislatures from Maine to Nevada are coming up with possible fixes.
During the day, Tracy Price pilots Boeing 737s through the skies. But when he’s not in the cockpit, one of his real passions is trying to get the property taxes lowered on his colonial in Fairfax Station, Va.
"The increase in my property taxes over the past seven years is enough money to pay for college for both my sons," says Mr. Price, who is a member of VOTORS, a grass-roots group pushing for a property-tax cap.
Across the country, homeowners are waging revolts as property taxes post massive gains. Faced with these protests, legislatures are considering ways to provide relief:
By Ron Scherer | Staff writer of The Christian Science Monitor
Full Story: http://www.csmonitor.com/2005/0607/p01s01-usec.html?s=hns
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