Property tax rates in Nashville, Tenn., will be increasing by 34 percent in what Mayor John Cooper described as a “painful but necessary” move that will raise money for the city, which has taken a hit during the pandemic.
This November, Californians will vote on whether to strip decades-old protections from commercial and industrial properties.
This November, Californians will vote on whether to strip decades-old protections from commercial and industrial properties.
Local governments weigh major tax hikes to plug coronavirus-induced shortfalls
State and local governments scrambling to raise money during the economic crisis caused by the coronavirus pandemic are looking to increased property taxes -- as well as wealth taxes and more -- to fill budget holes.
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