[unable to retrieve full-text content]Mistake in Administering Property Taxes Results in a 1200 Percent Increase? This reads like something in a tabloid. However, it is occurring in an Illinois county. Montgomery County Assessor Kendra Niehaus discovered the assessment was being calculated incorrectly. A tract of woodland should have a tax rate applied to 33.33% of its fair market value. […] The post Misapplied Property Tax Economics appeared first on Angry Bear.
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Bill Haskell considers the following as important: Taxes, Taxes/regulation, US EConomics
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Mistake in Administering Property Taxes Results in a 1200 Percent Increase? This reads like something in a tabloid. However, it is occurring in an Illinois county. Montgomery County Assessor Kendra Niehaus discovered the assessment was being calculated incorrectly. A tract of woodland should have a tax rate applied to 33.33% of its fair market value. […]
The post Misapplied Property Tax Economics appeared first on Angry Bear.