Property tax is a house of cards, we need a fair system in the long run
That envelope with the harp symbol, outlining the values of our homes and the additional tax the Revenue want from them. Up to this minute, most of us have been despairing that our houses were only worth a fraction of what they used to be. Now, we’re all terrified they will be worth too much.
I looked at the local property tax website this morning. It helps you to zoom in on your house, and up pops a figure. I’m in the deep orange, apparently, in property-value terms. That means it won’t be long before I’m back in the deep red, in financial terms.