Major local property tax hike would be toxic

When the local property tax was introduced in the midst of a deep fiscal crisis in 2013, the valuation of properties on which the tax was based was fixed until 2016.

Major local property tax hike would be toxic

When the local property tax was introduced in the midst of a deep fiscal crisis in 2013, the valuation of properties on which the tax was based was fixed until 2016.

In 2016, in an act of political cowardice or perhaps political pragmatism, a decision was taken to defer any changes to those valuations until November 2019.

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