The reassessment, he added, is helpful because it has brought taxes "down to normal levels," making the property more attractive.
The association plans to sue the state to stop revision because any changes will inevitably "bring new taxes in and throw God out."
Business leaders also fear that a mayor with close ties to labor could bring more regulations and higher taxes.
And as we've begun to rein in Federal spending, we've been able to bring taxes down and subdue the monster of inflation.
Localities accepted nuclear plants because they brought taxes, employment and special payments from the central Government and utilities.
It is a victim of evaporating profits as new neighbors, with more needs, bring higher taxes.
And it will bring higher taxes, because it trades stocks more often.
Thus, bringing taxes more into line is unacceptable.
As soon as we bring social conditions, taxes and duties into the harmonisation context, things go badly wrong.
In addition, you may face state and local tax that can bring taxes up to 40 percent.