Atlanta Property Taxes: Values Fall Faster Than Tax Bills
(AJC) — In 2009, an exclusive, in-depth investigation by the AJC found that amid the historic real estate collapse, many of us paid more in property taxes than we should have. Today marks the beginning of an eight-part series revealing continued flaws in the property tax systems in Clayton, Cobb, DeKalb, Fulton, and Gwinnett counties. We found you still may be paying too much in taxes. Tax appraisers in five metro Atlanta counties cut home valuations by $17.8 billion this year as they tried to catch up with the tumbling real estate market and respond to pressure from taxpayers and lawmakers.
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