Property Taxes6 min read
The Hidden Cost of Property Tax Relief: How Your County's Local Income Tax Might Rise to Replace SB 1 Cuts
SB 1's $1.3B in property tax savings has to come from somewhere. Counties got new authority to impose a replacement LIT from July 1, 2025; municipalities get their own LIT authority starting 2028, capped at 2.9% combined. The relief on your property bill may appear as a deduction from your paycheck. Who wins, who loses.