Mystery Syndrome Hits Children
Nashville Mulls 32% Property Tax Hike
As municipalities start weighing how to make up for sales tax revenue loss during the quarantine, I’m afraid property tax hikes will be the option many cities choose. Factor in how many haven't been working, already behind on their bills, the fiscal depression has yet to begin.
Once our Senators and Congressmen return to Washington DC (May 11, 2020), word is they will begin working on another stimulus package. I’ve heard four mentioned, the two front runners:
A) pay everyone’s rent & mortgage for a year, possibly two.
B) adults making less than $125k who filed taxes last year would receive $2k a month for a year, possibly two years. A married couple would receive $4k per month and $500 for each child under 18 that you claimed on your taxes.
This may sound nice in the short run, but it will probably have dire consequences down the road.