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Home / IN: Surprise – Taxes To Dominate LegislatureIN: Surprise – Taxes To Dominate Legislature
Last Updated on Friday, 4 January 2008 01:16 Written by rslcpol Friday, 4 January 2008 12:34
Property tax bills expected to rise an average of 24% – is that right? If it is, watch for a spike in foreclosures in Indiana above and beyond the national average as result of the ongoing mortgage crisis.
INDIANAPOLIS (AP) — The most vexing issue facing many Indiana residents will take center stage when lawmakers convene the 2008 legislative session Tuesday in search of property tax reform.The pressure to find a solution is immense.
Homeowners’ bills are projected to rise an average 24 percent statewide this year. Some have seen much higher bills, sparking protests in which homeowners dunked their bills in rivers and lakes to mimic the Boston Tea Party.