Rebates, Increased Exemptions are Real Residential Tax Relief
By Senator Nick Collins Earlier this month, residents across Boston saw their property tax bills go up and, in some cases, skyrocket. There are several reasons for this, and all were avoidable. The first reason is that the City of Boston Assessing department unilaterally increased, in some cases dramatically, the assessed values of many homes across Boston. This was the data City officials refused to disclose when I sought this information last year during the Mayor’s push to change tax laws at the State House. That means homes that saw their assessed value go up, would have seen an increase in their tax bills, even if tax rates stayed the same. The second reason property taxes went up is because City officials were never going [...]