Topic
property taxes
11 stories related to this topic, newest first.
upi.compolitics5 days ago
House Oversight Committee Opens Review of D.C. Tax-Lien Sales to Investors
The panel is examining whether the District’s practice of selling tax liens to third-party investors violates a 2023 Supreme Court ruling on foreclosure equity.
vox.comworld24 days ago
Florida Governor Calls for Special Session on Homestead Property Tax Exemption
Florida Gov. Ron DeSantis on May 27 called for a special legislative session starting June 1 to consider exempting homeowners from property taxes on their primary residence. The plan would require constitutional approval by voters in November if passed by the Republican-controlle…
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Substrate placeholder — needs reviewworld24 days ago
Reason.com Op-Ed Advocates Ending Senior Property Tax Breaks
An opinion piece published by reason.com argues that property tax exemptions for senior citizens shift costs to other taxpayers unless governments also cut spending on public services.
Usa Todaybusiness4 days ago
Record Share of Senior Households Spend Over 30 Percent of Income on Housing
U.S. Census data show 12.5 million households headed by people age 65 and older spent more than 30 percent of income on housing costs in 2024. Median housing expenses for mortgage-free seniors rose 35 percent since 2019 while incomes grew more slowly.
The Independentfinance35 days ago
UK Ranks Highest Among Major Economies for Property Tax Share of GDP
A report by tax firm Ryan found that the UK has the highest commercial property tax burden relative to GDP among major economies. Business rates receipts are projected to reach £37.1 billion in the 2026/27 financial year.
montrealgazette.compolitics39 days ago
NYC Mayor Removes Property Tax Increase From $124.7 Billion Budget
New York City Mayor Zohran Mamdani released an executive budget for fiscal year 2027 that closes a $5.4 billion gap without raising property taxes on most owners. The plan relies on $4 billion in state support, a new tax on expensive second homes, and agency savings. Officials sa…
The Sydney Morning Heraldpolitics39 days ago
NYC Mayor Mamdani Unveils Revised Budget With Tax on High-Value Non-Resident Second Homes
Brisbane Lord Mayor Adrian Schrinner criticized the federal government's decision to limit negative gearing and the capital gains tax discount, arguing the changes will reduce rental supply and fail to address the housing shortage. He announced council approval of zoning changes…
americanbanker.comworld46 days ago
Foreclosure Filings Rise to Pre-Pandemic Levels
Foreclosure filings in the United States reached a six-year high as rising property taxes, insurance costs and debt strain homeowners. The increase marks a reversal from pandemic-era lows in foreclosure activity. @WSJ reported the data and underlying pressures.
Denimadept / Wikimedia (CC BY-SA 3.0 us)business69 days ago
South Hadley Residents Vote on Property Tax Override Proposals to Address Budget Deficit
Residents of South Hadley, Massachusetts, are voting on two property tax override proposals to close a $3 million budget deficit. The proposals would raise $9 million or $11 million, increasing average annual property tax bills by about $1,400 or $1,700. The vote occurs on Tuesda…
Substrate placeholder — needs reviewworld72 days ago
US Property Taxes Increased in 40 States in 2025 Despite Home Price Decline
Property taxes on single-family homes rose 3.7 percent nationwide in 2025, reaching $396.8 billion across 89.6 million homes, according to ATTOM data. The effective tax rate increased to 0.9 percent, the highest since 2020, even as the average home value fell 1.7 percent to $494,…
Substrate placeholder — needs reviewworld73 days ago
Vancouver Mayor Ken Sim Outlines Tax Freeze and Community Centre Funding Plans for 2026 Election
Vancouver Mayor Ken Sim delivered his annual State of the City address to the Greater Vancouver Board of Trade, promising a property tax freeze in 2027 and a $400 million fund to rebuild five community centres if re-elected. The speech, attended by over 1,000 people, reviewed the…