Even ‘Revenue Neutral’ Hits Lower-Income Homeowners the Hardest
When Guilford County rolls out its new property tax rate in June, there will be plenty of talk about a “revenue-neutral” rate – the idea that the county would collect roughly the same total tax revenue as before the 2026 revaluation.
But even if the Guilford County Board of Commissioners adopted a perfectly revenue-neutral rate – which it won’t – the people who can least afford it would still get hit the hardest.
And the county’s data shows exactly why….
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