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In Nebraska, a new property tax plan is inching forward like a turtle on a mission. While it's a 'first little baby step,' it's definitely a step! Who knew tax reform could be so thrilling? Check out the full scoop here: https://okt.to/58rAJq

Georgia should focus on policies that restrict the overall growth of property taxes, not policies that functionally freeze property taxes for current owners by shifting costs onto new owners and into the sales tax. Read more: https://hubs.ly/Q02Sbq7g0

Georgia should focus on policies that restrict the overall growth of property taxes, not policies that functionally freeze property taxes for current owners by shifting costs onto new owners and into the sales tax. Read more: https://hubs.ly/Q02Sbl6H0

Kansas has been in the spotlight recently after legislators passed a set of tax cuts, which included a contentious property tax break designed to benefit specific businesses. This move has sparked debates about the implications for the state's economy and public services. As we navigate these changes, it's essential to engage with political decisions that impact our communities. To learn more about this significant development, read our detailed analysis here: https://okt.to/Ud7WlZ.

According to the Tax Foundation’s Facts & Figures 2024, Wyoming ranks second for the lowest tax burden at 7.5% and 37th for lowest property taxes paid as a percentage of owner-occupied housing value at 0.55%. This coincides with Wyoming Taxpayers Association’s most recent report, The Cowboy Family, which aims to deliver transparency regarding what individual benefits the Wyoming tax structure provides. Wyoming citizens are fortunate to live in a place where the average family of four pays $4,429.08 in taxes and receives $61,263.44 in state and local services, the association said in a news release. Wyoming residents only pay a fraction of the cost of services received thanks to Wyoming’s mineral industries and investments, which contribute a substantial amount toward the remaining portion of the cost of government services. To learn more about either of these reports, visit wyotax.org and click on the top right, The Cowboy Family, or taxfoundation.org and click under their latest work, "Facts & Figures 2024: How Does Your State Compare?" https://lnkd.in/gfUnmAQN

Why are Texas property taxes so high? Texas property taxes are calculated by multiplying your property’s county-appraised value by the tax rates set by local entities. Your property taxes fund essential local services such as public schools, infrastructure maintenance, and public safety initiatives. Texas’ growing population and lack of income tax drive up property taxes as the need for more infrastructure grows. Potential errors in property value assessments also contribute to higher property taxes by overvaluing properties. Read more at https://lnkd.in/g4BKmcnv #texas #propertytaxes #propertytaxprotest #taxexpert

Nebraska is currently at the forefront of a crucial legislative session addressing one of its most pressing issues: soaring property tax bills. With over 100 proposals introduced by lawmakers aimed at easing the tax burden on residents, this session promises significant discussions and potential changes. Understanding the background and implications of these proposals is essential for all Nebraskans. Dive into the details here: https://okt.to/WxCkv0

Important updates for Georgetown County! Voters are about to decide on two penny sales tax referendums that seek to offer property tax relief and support essential enhancements. Your participation is key! Find out more here: https://okt.to/DNLQrE

Another reason why we will see growth in Palm Beach County is the limited changes in the SALT tax deduction. According to recent reports, the increase in the deduction will only be a doubling to $20,000 (and maybe just for married couples). With realized capital gains taxed at ordinary rates, and state income tax rates as high as 13%, “Wall Street South” Will continue to expand exponentially.

If you are thinking about retiring in Florida, it’s important to know how to budget when it comes to paying taxes. Understanding what you owe in total can be confusing, but don’t worry, as here’s a guide to make it simple for you. Florida may not have a state income tax but what does that mean for the other Florida state tax rates? Read more below https://lnkd.in/esP_MEH6 #floridaincometax #incometaxreturn #accounting