Property tax payments are like paying interest on a credit card based on the available credit line (appraised value) instead of your actual balance (what you originally paid for the house). In either case, it’s a scam.Property tax payments are like paying interest on a credit card based on the available credit line (appraised value) instead of your actual balance (what you originally paid for the house). In either case, it’s a scam.
Understanding Property Taxes: A Comparison to Credit Card Payments Property taxes can often feel burdensome and unfair to homeowners. One analogy that succinctly captures this sentiment is comparing property tax