Archive for July, 2010
Live at the 2010 NAIOP Golf Event
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Noon: It is a gray day at The Wilds – not much wind, no rain for the moment.
Just How Unbearable Are Minnesota Homeowner Property Taxes?
An article from the 7-15-10 issue of Finance and Commerce and arranged by NAIOP.
By Mark Haveman, Executive Director, Minnesota Taxpayers Association
A recent report by the League of Minnesota Cities painted a picture of severe fiscal stress compounded by property tax levels that are becoming intolerable. While there is no doubt that city governments are facing tremendous budget challenges, it’s much more difficult to assess whether residential property tax burdens really are exceeding thresholds of affordability. Until recently, information that linked property taxes paid to actual homeowner income was not available. But thanks to a report released by the Minnesota Department of Revenue earlier this year, information is now available providing important perspective on how significant the ability-to-pay problem really is.
Gubernatorial Candidate Tom Emmer’s ‘Listening Tour’ gets an earful from 30 NAIOP members
Tom Emmer, endorsed Republican candidate for governor, is a blunt-speaking lawyer with lots of opinions on what’s gone wrong with Minnesota state government. But he may not have been fully prepared for more than 30 equally blunt-speaking members who were invited to join him at one of his “listening tour” whistle stops, held at NAIOP’s headquarters.
Emmer didn’t pussyfoot around when assessing what has brought the state to its budgetary brink, and the fast-approaching legislative session faced with the daunting task of solving a deficit of historic proportions. (more…)
