nostr:nprofile1qqsywt6ypu57lxtwj2scdwxnyrl3sry9typcstje65x7rw9a2e5nq8spz4mhxue69uhk2er9dchxummnw3ezumrpdejqz9rhwden5te0wfjkccte9ejxzmt4wvhxjmc5s45ym

My local government informed me that they assessed the value of my house increased by 61%.

My property taxes are increasing 61%.

This is a tax on unrealized gains.

My income has not increased. I have realized any gain in the value of my house.

It's the same in my area. Chris Story has drafted a bill that would lock in your taxable value at your purchase price. I don't know if it will go anywhere, but it's nice to see someone pushing solutions.

I am sure he would be willing to share the current version, if you want to pursue this in your area. Here is a link to his blog.

https://www.ilovehomerak.com/blog/the-problem-with-property-taxes-in-alaskaand-the-fair-fix-we-desperately-need

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