Budget & Tax

| January 5, 2009

Oklahoma Considers Capping Property Taxes

"Support for property-tax rollbacks is building from Arizona to New York, fueled by angry homeowners in some locales who are seeing rising bills despite plunging home prices," The Wall Street Journal reports today ("Calls Grow to Cap Property Taxes"). "Legislatures in New York, Georgia, Oklahoma and Wyoming are considering taking up proposals to curb proerty taxes in their 2009 sessions."

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