Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 4 · column 5 of 7 · from the scan, no model involved
12.5 percent of owner-occupied property while South Dakota provides a full exemption (100 percent) from state taxes and Michigan’s full exemption for homestead property applies to school levies.
Another approach is the “Circuit-breaker” relief program. It places limits on the proportion of an individual’s or household’s income that can be collected as property taxes and the excess taxes are waived, rebated, or credited against income tax obligations. If property taxes exceed a threshold percentage of income, the refund equals a percentage of the tax over the threshold, up to a maximum amount. As income increases, the threshold percentage increases; the portion of tax over the threshold that the taxpayer must pay increases; and the maximum refund decreases.
Five states—Maine, Maryland, Minnesota, Vermont, and Wisconsin—cur
94.8%