Common sense suggests that as home prices decline, the property taxes based on their valuations ought to as well. But property taxes nationally are clicking higher. Why is this occurring? Several factors are at work — and they…
A recent Fed working paper happily points out that even as other sources of municipal tax revenue have plummeted, property taxes have held fairly steady, and the authors expect that to continue. Unfortunately, their optimistic …
A recent Fed working paper happily points out that even as other sources of municipal tax revenue have plummeted, property taxes have held fairly steady, and the authors expect that to continue. Unfortunately, their optimistic …
The recent tremors in global equity markets may have deep and disturbing roots. As investors are becoming aware, there is growing evidence that the economy is slowing down in Europe, Asia and the U.S. Here’s a look at some of t…