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Property Tax Cap: Does Your State Have One?
[Kiplinger] A property tax cap could help keep your property tax bill from increasing too much. That’s because these caps limit how much property taxes can increase from one period to the next. However, not all states have a property tax cap, and not all cap types are created equal. There is more than one type of property tax limit, and other factors play a role in tax bill amounts. Here’s what you need to know.[Median property tax bills, home values, and effective tax rates are based on data provided by the US Census Bureau and presented by PropertyShark. The types of property tax limitations each state imposes are based on information from the Tax Foundation.] Posted by: Besoeker 2023-09-20 |
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