The AJC reports that Gwinnett County has adjusted the assessed value of tens of thousands of residential properties downward: The vast majority of the 120,000 residential property notices issued in the first batch will show an average value decrease of 17 percent or $35,000 of market value, Pruitt said. The sum of all decreases for [...]
Archive for the ‘Millage Rates & Taxes’ Category
Lower Property Value, But Maybe No Lower Tax Bill
Posted by BobG on April 9th, 2010
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More Budget Shenanigans in Gwinnett
Posted by BobG on January 5th, 2010
The budget that the County Commission is poised to approve on Tuesday is not the same budget about which the county held public hearings last year. It also appears that Chairman Charles Bannister plans to exact a little political payback on a fellow Commissioner, but it will be the residents of Commission District 3 who [...]
Sounds Like Gwinnett: California Built Its House on the Sand
Posted by BobG on December 11th, 2009
Joseph Henchman of the Tax Foundation is criticizing a report on the money woes of ten states by the Pew Center. His assessment of California’s problems could apply, in principle, to Gwinnett’s situation: A big cause of California’s budget crisis was spending commitments derived from overreliance on volatile revenue sources, particularly taxes on high-income earners, [...]
Regarding Government and Taxes
Posted by BobG on December 8th, 2009
Regarding taxes, government should operate according to the following principles: Government should be limited to only those services that the people cannot provide for themselves, either individually or through the private sector; Government should provide those services in the most efficient and economical way possible; Government should take advantage of every opportunity to fund those [...]
