2006-09-07 10:04:22 · 8 answers · asked by Chad M 1 in Business & Finance ➔ Taxes ➔ United States
Property taxes are usually charged by a county or other local entity, although a state can charge them as well.
A big chunk of it goes to schools/teachers with other going to emergency services. Some of it goes to social programs, road maintenance, and other government services.
If you want to know specifics, you should be able to find the information on your county or state website.
2006-09-07 10:07:39 · answer #1 · answered by Newlungs2004 4 · 1⤊ 0⤋
Everything that is paid for by your county is the benefit. Property taxes is the largest stream of income for counties. As such, these taxes pay for most of their expenses i.e. teacher salaries, police, roads, etc.
2006-09-07 18:01:29 · answer #2 · answered by AndrewTaxService 1 · 0⤊ 0⤋
Yes. All government employees benefit when tax revenues increase. My school district real estate tax rate is 5.4 time the rates paid to county government and township government. Besides that, school districts get funding from state governments and from the federal government.
Home schooling for everyone, I say!
2006-09-07 17:11:56 · answer #3 · answered by regerugged 7 · 0⤊ 0⤋
Politicians benefit most from increase in tax money because it allows them to buy more votes and stay in office longer.
2006-09-07 17:14:34 · answer #4 · answered by Zak 5 · 0⤊ 0⤋
The people that moved into the new houses in your area. The extra taxes don't begin to pay for the added burden to the local infrastructure.
2006-09-08 16:34:43 · answer #5 · answered by Scott K 7 · 0⤊ 0⤋
depends what state you live in. every state has a different policy on how to allocate property tax revenue.
2006-09-07 17:12:00 · answer #6 · answered by funwithfondu 2 · 0⤊ 0⤋
If you're interested in contesting them, this site has information on how you can go about doing that:
http://www.bargaineering.com/articles/contesting-real-estate-tax-assessments.html
2006-09-07 18:45:06 · answer #7 · answered by wangarific 4 · 0⤊ 0⤋
politicians get a raise on there salary
2006-09-07 17:06:48 · answer #8 · answered by reno_tony_casino 5 · 0⤊ 0⤋