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We do have a tax base. That statement confuses me too. Plus, the fact is, we already have pretty high taxes.

For example: I have a home that's just like this one http://www.zillow.com/homedetails/6-Belvedere-Dr-Bristol-RI-02809/65848516_zpid/. My "Zestimate" is $18K less and my appraised tax value is $56K less however my taxes are $1,000 higher and about to go up 7.6%.

As you can see, a comparable property (3br, 2,000 ft cape w/ 2 car garage sitting on a 10,000 s.f. lot ), has a market value of about 6% less in Warren but, my taxes are 25% more in Warren and heading higher very soon.

From: Warren gets state OK to exceed property tax cap

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