This is crazy!
They oughtta just raise property taxes on....
on......
....on all the bulldozed neighborhoods of Detroit.
Whoops.
“This is crazy!
They oughtta just raise property taxes on....
on......
....on all the bulldozed neighborhoods of Detroit.”
Considering that you can buy houses in Detroit for $5000, at current valuation, how many houses does it take to get enough property taxes to pay the salary of even one teacher? If you throw in a homestead deduction from the valuation, I’d bet the taxing district would have to pay homeowners.
Geeze, assumming they taxed a home at 100% of valuation, and disallowed homestead exemptions, it would still take a dozen or more.