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Tue, 04/19/2022 - 20:20
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Property owners are coming to realize that their ad valorem taxes are continuing to go up basically every year. In many cases, they increase at or near the state’s legal 5% cap. So every 10 years they go up by 50% and every 20 years they will double. Since ad valorem taxes generate about 20% of the state’s total tax intake, it’s easy to see that money flowing into our state’s government will…

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