Why The Overvaluation Of Black-owned Property Taxes Haunts Us Today

In the wake of the pandemic, cities across the country have offered temporary tax breaks for those who were financially impacted. As a result, officials are finally starting to scrutinize the inflated property taxes that Black homeowners have to deal with. For decades local officials have been overvaluing Black homes, in turn leading to Black homeowners paying property taxes that are ridiculously high in relation to the value of their property. A report from the Washington Center for Equitable Growth noted that Black and Hispanic residents pay 10% to 13% more in property taxes compared to white residents.