Let's Cap Our Property Taxes – And Save Our Homes
March 23, 2022
Our property taxes now increase by double digits every year. They are being driven in large part by wealthy out-of-state transplants with sacks of money from selling their Seattle and Silicon Valley homes. Montanans of all economic backgrounds are now considering selling their homes to forestall tax foreclosure. Without change, the number of Montanans facing the same dilemma will skyrocket in the coming years.
Property taxes should be based upon the value of your home when you buy it, not its value after years of out-of-staters bidding up home prices. Instead, you’re being taxed based upo...