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| Hoosier property tax plan more like ripoff than relief |
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Have you ever bought the bigger box of cereal thinking it was a better deal and then you, “do the math,” and it turns out the smaller box is actually cheaper. Well it’s time to do the math on the governor’s property tax relief plan.<br>
At first glance, a 1 percent cap on houses and 3 percent cap on farmland or businesses sounds like a good deal. When you do the math, most of us are paying less than 1 percent and 3 percent now. So add on the 1 percent increase in sales tax and it doesn’t take long to see this plan isn’t a relief, it’s a ripoff. When the governor and legislature are finished “fixing” the property tax problem, it will still be broken and the taxpayer will be the “broker.”<br>
I ask again that our state government do away completely with all property tax and go with a simples sales tax, along with a cap on school and government spending. They should stop this same old horse and pony show and give us taxpayers some real honest relief.<br>
You do the math. |
| 2/13/2008 |
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