Quote:
Originally Posted by MX rider
Exactly!
I think this is one of those " be careful what you wish for" situations.
Don't get me wrong, I don't love paying property tax. But the counties, cities and schools depend on tax money. So it's going to have to come from somewhere.
I like our Governor but this idea seems half baked to me. It sounds good on the surface, but in reality it's going to hurt in the long run.
Maybe giving retirees and residents under a certain income level a break on property tax would be worth looking at, not eliminating it.
|
absolutely correct. . people want to eliminate successful programs just to be disruptors, instead of just being sensible, and making adjustments, such as the first 200,000 of valuation is zero, similar to the single married income tax deduction. . . .
but upsetting all kinds of planned budgets, both spending and raising money, has unknown unintended consequences. . lots of political idiocracy going around these days. .
its expensive to move somewhere, both business and citizens, and then have all the financial rules change, and risk those movers fleeing and having the large shortfalls show up, disrupting the plans both citizens and business made for coming here in the first place. .
citizens and business all want stability and predictability, especially retirees and businesses. . disrupting the reasons many moved here to political pandering, doesn't make alot of sense to me. . . when I can plan my spending to my income, knowing that i have a one time property tax payment, versus increased costs for who knows which activities or all activities. .
so for every $5,000 of property taxes, what will be increased? business taxes = restaurant prices, clothing prices, retail prices, alcohol prices, airline tickets, cruise prices, disney prices, rental car prices, gasoline prices, etc. . . there is no free lunch people, no taxes, no services. . property taxes are predictable for county budgets, switching to activity base income can be variable year to year, and very hard to plan and budget for services. . .