Eric Burns: The escalating impact of property taxes on the middle class

The middle class is being squeezed out of Boulder. Growth in government spending, funded by rapid increases in property taxes, is a primary cause.  Increasing property valuations are fantastic for taxing entities, as they fund growth in government and government services.

As property taxes increase significantly faster than incomes, the tax burden on the middle class grows. Ultimately long time homeowners cannot afford the property taxes and must sell their homes, driving a migration of the middle class out of Boulder.

Full Story: Eric Burns: The escalating impact of property taxes on the middle class – Boulder Daily Camera