Friday, July 15, 2005

The new real tax

MSN Money - Extra: Taxes soar along with home prices
They figured they found a good deal in a two-bedroom house in the peaceful, leafy Coconut Grove area near Miami for $440,000 in March 2004. But the shock came when their first property tax bill came a few months later -- more than $9,200 a year, nearly double what they paid on their old home