Rhode Island Gets Honorable Taxation                        
Property Tax reform that works for everyone                                                                                    HOME    CONTACT
 
                     

For Homeowners

For most Americans a home is their greatest asset and is so much more than walls and floors.

When we buy a home we buy what we can afford, we become part of a community, we pay our fair share for community services, and we should be allowed to stay until we decide to leave.

Instead, after revaluation it is common for some owners' taxes to rise so high they are forced to leave. And the tragedy is that most of their tax increase is used to offset the reductions that thousands of other owners receive. It is grossly unfair and it is unnecessary.

We accept this unjust result because we are used to the idea that taxing market values is the fairest and best way for everyone to pay for services.  IT IS NOT.

Under the R.I.G.H.T. plan all existing owners share equally in a tax increase by getting the same percentage increase, much as we do in every non-revaluation year. New owners will pay their initial tax bills exactly as currently, on the value of their purchase, their choice, and going forward, will enjoy the same fair treatment as all existing owners.

Tax bills will never increase more than the cap on the tax levy.  If it's fair to limit the growth in the tax levy it's fair to limit the growth in our tax bills as well.

 

 

See the benefits of an Owner's Tax for:
  Managers & Mayors   Lawmakers  Businesses  Unions  Homeowners  Realtors  FAQ