Wachenheim and Pforzheim: Property tax revolution causes excitement!

Wachenheim and Pforzheim: Property tax revolution causes excitement!

In the shadow of the current property tax reform, the Wachenheim city council has decided to increase the assessment rates for property taxes A and B. The committee is thus reacting to the threat of a decline in revenue due to the reform, which has already been classified as unconstitutional. According to the new law, the size and value of the properties will in future be decisive for the calculation of property tax. The new assessment rate in Wachenheim was set at 085 for A and 502 for B in order to compensate for the financial losses expected due to the reform, as rheinpfalz.de reported.

Some drastic tax changes in Pforzheim

In contrast, the city council of Pforzheim is taking a different approach: it has decided to reduce the property tax assessment rate to 348 percentage points. This decision came after a lively debate in the local council, where the CDU initiated the push for reductions. The motion received broad support with 21 votes in favor and 13 against. This radical reduction will particularly benefit homeowners, as they will have to pay significantly less property tax in the future swr.de emphasized. The decision also brings with it a dark cloud: a loss of 7.5 million euros in tax revenue is feared, which could lead to cuts in culture and social services in the city.

So the confusion about the property tax reform remains: While Wachenheim has opted for an increase, the people of Pforzheim are hoping for relief, but this will come at the expense of the municipal coffers. Both cities are examples of how different the political reactions to the same reform are and the financial consequences associated with it.