WORMS: The impending increase in property tax is massive!

WORMS: The impending increase in property tax is massive!

The city of Worms prepares its citizens for dramatic changes in the property tax system! From January 1, 2025, taxation will be based on a new value, which is based on January 1, 2022. But the prospect of tax increases is in the room, and these could soon become a reality if the country does not act quickly.

The new reform provides for a massive adjustment of the property tax rates, which could lead to considerable financial burdens for many residents. While the city tries to distribute the tax burden fairly, everything indicates that it will be increasingly at the expense of the residential plots. The forecast is frightening: the property tax rate could increase from 633 to an incredible 820 percent! This no longer means money for the city, but simply that the citizens have to dig deep into their pockets in order to keep the city finances stable.

stress shift and the more expensive rent

The reform has been announced as fair, but reality looks different! The new calculation method means that residential plots are more stressed, while business owners are increasingly relieved. An unpredictable fact that could drive rents and living costs up in Worms. The city cannot simply keep the income at the previous level, because that would leave massive financial holes. A deficit of approx. 39 million euros is already in the books!

The city administration has tried to increase the pressure on the country so that concrete acts are carried out - but the state government's insight has so far been missing. Despite the clear warning notices, it was not taken care of a fair solution, and the risk of bankruptcy hovers over the citizens of Worms. A state law adaptation could help alleviate the stress for people, but so far the country does not seem to be willing to become active. The shock about the impending tax increases remains, and the citizens of Worms have to adapt to far -reaching financial upheavals!