Stop out of control property tax increases in King County
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Dear friends and neighbors:
You have probably just received your new property assessment cards from King County and are still reeling from the shock. My property value assessment just sky rocketed up by $102K IN ONE YEAR! This will translate into nearly a 20% increase in my property taxes for a modest home that has not undergone any significant physical upgrades since I moved in in 2009. This is a double whammy because not only are our property tax rates one of the highest in the nation, but the county is tacking on the cost of the housing bubble onto long time residents. You can't eat a bubble. A bubble doesn't clothe your kids or put food on the table. These gains are only realizable when you sell you home - but what about those of us that aren't selling? This tax increase is completely unaffordable for working families and is patently unfair.
Thus, I am gathering signatures from my friends and neighbors in the hope that we can fight this huge, arbitrary tax increase and try and restore some sanity to our property taxes.
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