With government spending on “public education” ballooning, surging property tax rates to fund it in some states are forcing homeowners to cut back on living expenses or even to sell their homes — especially those on fixed incomes such as retirees. Vermont is ground zero but it is hardly alone.
Government “education” is by far the largest driver of increased property taxes each year. With the whole national system costing over $1 trillion per year, almost half of that in most states is coming from local property taxes. And as costs of government “education” skyrocket, so do property taxes.
Read Full Article: https://thewashingtonstandard.com/surging-education-spending-squeezing-homeowners-out/
