Crescent-News.com

tax reduction?

June 12, 2009

1st quarter wiped out $1.3 trillion for Americans
By JEANNINE AVERSA, AP Economics Writer Jeannine Aversa, Ap Economics Writer
Thu Jun 11, 6:03 pm ET

WASHINGTON " The brute force of the recession earlier this year turned back the clock on Americans' personal wealth to 2004 and wiped out a staggering $1.3 trillion as home values shrank and investments withered.

Tell me Defiance - does this mean our property taxes will be going down...?