Monthly Archives: September 2024

Why Real Estate Property Tax Assessments Have Over a 50% Inaccuracy Rate and Why They Need Review

Property taxes are a critical source of revenue for local governments, funding essential services like schools, public safety, and infrastructure. However, a staggering 50% or more of real estate property tax assessments are reportedly inaccurate, raising questions about fairness, transparency, and the methods used to determine these taxes. These inaccuracies unfairly burden homeowners, distort housing […]