Property prices are surging most everywhere. And when property values rise, taxes — charged based on a percentage of property values — rise right along with them. So, confronting property tax hikes has become a rallying cry in many states.
Montana is no exception. And now, a former Montana legislator has submitted a proposed ballot initiative to halt major tax increases for people who aren’t buying or selling, but just keeping their real estate.
Let’s take a look at how it’s going so far.Continue reading “Montana Property Tax Going Up? Not So Fast.”