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A little 888‑square‑foot starter home in Elizabethton just got treated like a mini McMansion by Tennessee’s new CAMA/IMPACT tax software. In this D‑Minus Diaries, I walk through how a $120,000 house becomes a $180,000 “asset” on a screen, why that means a 50% jump in your property tax bill, and how city and county budgets quietly ride those numbers. More importantly, I show you how to appeal your own assessment, what questions to ask about the software, and what reforms we should be demanding before rising valuations tax us right out of our homes.
By Jim Jones WritesA little 888‑square‑foot starter home in Elizabethton just got treated like a mini McMansion by Tennessee’s new CAMA/IMPACT tax software. In this D‑Minus Diaries, I walk through how a $120,000 house becomes a $180,000 “asset” on a screen, why that means a 50% jump in your property tax bill, and how city and county budgets quietly ride those numbers. More importantly, I show you how to appeal your own assessment, what questions to ask about the software, and what reforms we should be demanding before rising valuations tax us right out of our homes.