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Use sale prices

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Sunday, March 24, 2013, 9:00 p.m.
 

Use sale prices

I see there are more problems with reassessments. If they are going to tax people's homes, it should be simple: Your assessed value should be what you pay for a home; then, when you sell it, that should be the new assessed value.

Enough homes change owners each year that it would make up for the problems of reassessments. The current system is so screwed up and has so many problems; that would be the simple way to do it, and would not have some judge overruling a council on this matter.

Just because someone pays, say, $20,000 more for a home now is no reason that a like home's assessed value should be increased to match, unless that like home is sold.

I guess that system is too easy for politicians to work with.

Dan Stepnick

Hampton

 

 
 


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