Areas in the U S Where Inflation is Causing Property Taxes to Increase the Most cpapracticeadvisor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cpapracticeadvisor.com Daily Mail and Mail on Sunday newspapers.
Some states are raising property tax rates to the maximum allowed by law. Is your state on the list? Some states have laws that allow inflation to dictate higher property taxes. That’s because revenue from property taxes is used to fund police and fire departments, maintain roads, and other initiatives that benefit the public. And when inflation is high, like it is right now, these initiatives require more money to operate. For example, the increased cost of living requires salary increases for