Friday, June 6, 2008

Edmonton Property Taxes: A Higher Assessment Does Not Always Mean Higher Taxes

If you own property in Edmonton you should have received your city tax assessment in the mail recently. You probably noticed your tax assessment is much higher this year than last year. There is a BIG misconception out there, that if property values go up by say 50%, then property taxes go up 50%.That is completely false. If it were true, then if property values went down 50% so would tax[...]

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[Source: The Money Blogs]

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