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Move is on to ax property tax
Plan to expand sales tax to replace funding for schools could get to vote in legislature this fall
Sunday News
Jul 17, 2005 00:05 EST
By Helen Colwell Adams, Staff Writer

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PLEASE correct me if I'm wrong, but I thought I read that this package of bills would also eliminate property taxes for commecial property. If this is true, then it would shift a large amount of tax from businesses onto consumers.

However, I believe the CONCEPT is a good one: to eliminate RESIDENTIAL property taxes, and replace them with a consumption-based expanded sales tax.
Artie See
QUOTE(Artie See @ Jul 21 2005, 06:40 AM)
PLEASE correct me if I'm wrong, but I thought I read that this package of bills would also eliminate property taxes for commecial property.  If this is true, then it would shift a large amount of tax from businesses onto consumers.

However, I believe the CONCEPT is a good one: to eliminate RESIDENTIAL property taxes, and replace them with a consumption-based expanded sales tax.


Larger rentals are considered commercial and if property owners will be required to pay real estate taxes on them, the renter will be charged double. Only non-residential commercial should be taxed.
ann
Why shouldn't the government be allowed to tax all those cheap, non-spenders? Their homes are probably already paid for .... so their rich!
This makes no sense at all. Everybody spends, some cheaply, some frivolously. However, don't forget those seniors whose homes are paid for but are living on social security. That does not make them rich.
today's guest
QUOTE(ReaganRepublican)
Why shouldn't the government be allowed to tax all those cheap, non-spenders? Their homes are probably already paid for .... so they're rich!


QUOTE(today's guest)
This makes no sense at all. Everybody spends, some cheaply, some frivolously. However, don't forget those seniors whose homes are paid for but are living on social security. That does not make them rich.

Please excuse my sarcasm, I should have used a "Clickable Smilie".

In the opinion of many government health assistance organizations, the equity in the home eliminates these folks from receiving aid. They are too rich.

Sell the home, spend the money and then re-apply for aid. And of course, as they spend their money they can pay the appropriate sales taxes.
ReaganRepublican
OK I get it now!
today's guest
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