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Re:Silicon Valley Is Flooding into a Reluctant Austin by lotsofpulp on Monday April 12, 2021 @11:58AM (#26780911)
> so as property values keep going up, your taxes go up as well.

Taxes go up because government spending per taxpayer goes up. I have some properties where the values go up and property tax rates to go down, resulting in declining property tax paid. But it’s rare, and doesn’t last for too long.

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