.comment-link {margin-left:.6em;}

Monday, April 10, 2006

Property tax relief?

House Republicans are putting forward a "property tax relief" plan. It is completely contingent on the state not losing its case over the cigarette "fee", which is far from certain. But even if it is not ultimately a moot point, it's a pretty poor plan.

The plan is pretty simple: homesteaded property owners would get 10% of their property tax back. A flat 10%, regardless of the income of the payer. Thus, there is no guarantee that this relief would actually go towards the people who need it most, since the property tax is very uneven in terms of tax fairness.

The other big problem with this, which nobody seems to have commented on so far, is that it only applies to homesteads. That means all the renters out there are out of luck. Republicans sure care about those renters, don't they?

Since Republicans right now are screaming that the world is ending due to a lack of police in Minneapolis, wouldn't it make more sense to use this money, if we do get it, for LGA?

2 Comments:

At 8:02 AM, April 11, 2006, Anonymous Anonymous said...

Renters don't pay property taxes, because they don't own property.

 
At 12:27 PM, April 11, 2006, Anonymous Victoria said...

Um, property taxes figure into the rent that is charged on a given property.

So, yes, renters pay property taxes.

 

Post a Comment

Links to this post:

Create a Link

<< Home