Every Louisiana real estate-related professional should reblog John W. Walters' post about the homestead exemption. Please click through his link below to sign the petition. And put a post about it on your own blog. If enough voices are heard, we can get it changed!
Via
John W Walters Slidell LA Homes for Sale Slidell Louisiana Homes (7824 Real Estate of Louisiana,LLC):
I don't know how many of my fellow citizens received or saw their 2008 property tax bill this year. I live in St. Tammany and I assure you mine went up 300% this year. Before hurricane Katrina I paid a little over $800. My new bill is now over $2200. In this economy where every nickel counts the greedy hand of government wants more of my hard earned dollars.
The homestead exemption for Louisiana is currently $75,000. If they had indexed this to inflation it would be around $150,000. So whats happening is an unfair burden is falling on the working people. My parents are over 65 and they pay only $200 a year. I also don't want to hear business are going to pay an unfair share. A business is just going to pass the cost on to us. At least this way it will get spread out more evenly. Here is a link to the online petition. Please go and sign your name today.
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Wow I hope it changes for the better.