Comments by "Jeffrey Deuitch" (@jeffreydeuitch2146) on "Economic COLLAPSE: What You Need to Know (Before It's Too Late)" video.

  1. Something to know about taxes is that they are NOT flexibly tied to value. They are tied to municipal budgets. If property values fall dramatically, the rate of taxation can increase so dollars are sufficient to cover these budgets. These are called "roll backs". Call your local tax collectors office to see how it works in your area. The value down=taxes down assumption is not valid. Budgets have to reduce to allow your taxes to reduce.
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