Redford saw property values fall by more than half between 2008 and 2016, taking an enormous chunk from tax revenues. Since you don’t own the system, it can’t be included in assessments of your own home’s worth. Many years ago, when federal revenue tax charges were very high, there was a most charge on earned revenue. When that provision (section 1348) was repealed, it was because the common rates had been diminished and the utmost rate limitation was no longer required.
In fact, having the evaluation is simply a part of the picture, as a result of the amount of tax for which the property owner will be liable depends upon the rate and on the supply of exemptions. Nonetheless, you need to do your analysis properly, as some areas of the market do expertise oversupply which is able to drive the value of property and costs down. I prefer that strategy to the choice of claiming that the tax increase isn’t a tax enhance as a result of it is one thing else.