u/Serious-Return2400

Losing $692 itoc property tax credit. Congratulations Moco. Most impacted are seniors and low value house owners. This is called progressive taxation. Taxing the poor and middle class. https://www.mymcmedia.org/council-votes-9-2-to-approve-7-9b-budget/

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u/Serious-Return2400 — 6 days ago
▲ 13 r/Rockville+1 crossposts

Montgomery county eliminates 692 itoc property tax credit impacting seniors and people with homes values less than 750k. Moco is for rich ppl

Montgomery county eliminates 692 itoc credit. The most impacted are people with home values less than 750 k. So hardworking ppl with less income and own homes are taxed more. Commercial and rental property owners can lobby and get incentives.This will impact all lower income and senior people disproportionately. https://bethesdamagazine.com/2026/05/15/county-council-budget-straw-approval/

u/Serious-Return2400 — 6 days ago