For the second year in a row, Worcester expanded the dual tax rate gap between what business property owners pay vs. what residential property owners pay, reversing a four-year trend of slowly moving back toward a single-tax rate for the first time since 1984. The average business property tax bill is expected to increase $360 in 2017, compared to $52 for residential. What will be the main impact of Worcester's split tax policies? Can't answer the question in your email? Click here to view as web page before commenting. |