Firms may use price hikes to offset expected increases:
I have been saying this for a year now that you will see prices go up with buninesses property taxes almost doubling for 2007. We all will recieve a bill next month if I understand it right.
http://www.indystar.com/apps/pbcs.dll/article?AID=/20080518/BUSINESS/805180417
Marion County's reassessment shifted tens of millions of dollars of the property tax burden away from homeowners and onto businesses, but those businesses might shift some of the cost right back to residents with higher prices for everything from a cup of coffee to apartment rents to recoup the expense.
5/18/2008
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