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Don’t miss breaking news! Vermont Daily Water Cooler is a roundup of important headlines from around the state.

Publication Headline Published
Rutland Herald Castleton says “no” to retail cannabis, again 4/14/2022 10:41 AM
NBC 5 ‘It’s just a whole new world’: Homeschooling surge continues despite schools reopening 4/14/2022 3:35 PM
NBC 5 Rescue Inc. and Brattleboro to cut ties amidst contract disputes 4/14/2022 5:36 PM
WCAX US Forest Service to buy 2,100-acre Bennington County parcels 4/14/2022 5:40 PM
WCAX Nolan lags behind Welch in Senate campaign cash 4/14/2022 5:50 PM
Rutland Herald Brandon to research electric police cruisers 4/14/2022 1:45 PM
WCAX Morristown murder suspect pleads not guilty 4/14/2022 6:22 PM
WCAX Analysis: The words we use when discussing trans people 4/14/2022 6:29 PM
VT Digger Vermont Law School names new president 4/14/2022 6:40 PM
NBC 5 US home prices are rising so fast, property taxes can’t keep up 4/14/2022 7:26 PM
NBC 5 Vermont’s largest financial crime in history begins sentencing 4/14/2022 7:21 PM
VT Digger Senate eyeing reduced child tax credit 4/14/2022 7:59 PM
Seven Days

Wilder Man Charged After Pipe Bombs, ‘White Power’ Rifle Discovered

 4/14/2022 7:29 PM
VT Digger Final Reading: Contested ballots 4/14/2022 8:45 PM
VT Digger Sanders pushes for better health care for Vermont veterans during VA secretary’s visit 4/14/2022 9:15 PM
Seven Days

Resident Physicians at the UVM Medical Center Vote to Form Union

 4/14/2022 9:45 PM
Seven Days

Friends Mourn Transgender Woman Murdered in Morristown

 4/15/2022 12:02 AM
VT Digger Mark Redmond: Vermont’s ideology prevents humane mental health care 4/15/2022 7:10 AM

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  1. Re: “US home prices are rising so fast, property taxes can’t keep up”

    This is ‘fake news’ by a CNN Business reporter who doesn’t have a clue as to how property taxation works. Unfortunately, I suspect, few readers know better either.

    “With home prices skyrocketing by double-digit percentages over the last year, it would be no surprise if property taxes jumped too.”

    Property taxes don’t increase because home valuations rise. Taxes increase when government spending increases. Period!

    Suppose your house is worth $100,000, and you pay $1000 in property taxes. Just because the value of your house doubles doesn’t mean you’ll pay $2000 in property taxes – UNLESS your town and school district double their spending. After all, if your house declined in value, to $50,000, do you think your property taxes would be cut to $500. Of course not. Your town and school district aren’t going to cut their spending in half just because your home valuation goes down.

    I can only hope readers pay attention to this persistent ‘fake news’, no matter what the topic or who is publishing it. This article was ostensibly based on a report from ATTOM, a real estate data company and its executive VP of market intelligence. Go figure. It’s pure propaganda, hiding the fact that government spending is increasing and trying to blame it on consumers.

    What’s truly disappointing to me is that the average person has no idea how our government works and, therefore, no idea how to fix it, or elect those who know how to make it more efficient.

    Franklin was wrong when he said our Constitutional Republic “… can only end in Despotism, as other forms have done before it, when the people shall become so corrupted as to need despotic Government, being incapable of any other.”

    What he should have said was: our Constitutional Republic “… can only end… when ‘the people’ become so lazy and foolish as to have no idea what’s going on around them.

    Reply

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