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Preventing an Overload: How Property Tax Circuit Breakers Promote Housing Affordability

Circuit breaker credits are the most effective tool available to promote property tax affordability. These policies prevent a property tax “overload” by crediting back property taxes that go beyond a certain share of income. Circuit breakers intervene to ensure that property taxes do not swallow up an unreasonable portion of qualifying households’ budgets.
United States South Carolina Washington Center Salt Lake County District Of Columbia West Virginia
Source: itep.org

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