Bidenflation hits home -- my home
Here in Minnesota, property taxes are due on May 15 and October 15 each year unless these dates land on a weekend. I went to the county website where I live to check on how much I owe this year. According to the online statement, my property's value increased 22% last year. I didn't change the house structurally or cosmetically. Despite that information, my property taxes increased by 29% from the previous year.
A loyal reader of this blog experienced a similar situation last year. This friend took his case to the St. Cloud City Council. The City Council insisted that my friend hadn't experienced a property tax increase despite the larger property tax payment. The Council's explanation was that they hadn't increased the mill rate. (Instead, they increased the property's estimated value.)
This is what Bidenflation is doing to families' quality of life. I already talked about record-high home prices. New and used car prices are going up, too. Gas prices have been going up for over a year. This is the definition of Bidenflation. Jen Psaki needs to get mercilessly ridiculed for talking about the Putin Price Hike. Check this out:
Bidenflation is the direct result of Joe Biden's policies, starting with Biden launching his war against fossil fuels. Once Biden messed up the energy policy, inflation was the inevitable result.The other thing that's predictable is that pumping tons of Fed funny money into an already-recovering economy would create inflation throughout the economy. Sky-high demand, low interest rates and tons of loose money equals record home prices. In St. Cloud, that also includes sky-high property taxes. For people like me living on fixed incomes, property tax increases are the harshest tax.
Predictably, Joe Biden won't accept responsibility for Bidenflation. He's too pig-headed to admit he'd made a mistake to do that. Still, there's no disputing Biden's role in ruining Americans' quality of life.
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