Jeffrey St. Clair @JSCCounterPunch
Not in Oregon. Property tax is paid on maximum assessed value, not the value at purchase. The MAV is now restricted to 3% increase per year,-- below the market rate in most towns. However, if the market collapses, the assessed value will continue to rise until it hits max value. — PolitiTweet.org
Race Traitor @ms_msmarshas
@JSCCounterPunch Certainly not in CA do people or CORPORATIONS pay a tax on the property value currently,you pay on… https://t.co/9DUo5957WW
