The Hearth Property Tax

Welcome to Advantax. Im Regina Waldroup with your PropTax Minute. In 1662, England tried to make a correlation between hearths, which are precursors to furnaces, and property taxes. In an attempt to establish a cohesive and fair system for valuing every property, they introduced a new property tax known as the "Hearth Tax". Its sole factor was to establish value based on one aspect -- the number of hearths in each home. A small home might have only one hearth in the main

Read more ...