4 States Where Homeowners Can Expect a Property Tax Increase
"Interestingly, 23.4% of properties saw their tax bill go up from 2023 to 2024 without their assessment value increasing, suggesting a tax rate hike independent of home valuation."
Governor-elect Phil Murphy and other Democratic governors expressed concerns over the GOP tax overhaul, labeling it a divisive measure that would harm high tax states by eliminating the State and Local Tax deduction.