Quote:
Originally Posted by Jareb
We will be voting NO on this. I've been in my home for 17 years. I built it for 192K- its 300ft from the ocean in a gated community and has gone up in value to 600K. My taxes have ranged from $2900 to $3150 over this time period. Why would I vote for this. House has tripled-taxes have remained essentially unchanged. If you lose the SOH, the local governments will simply raise the millage rate at which they tax you. {Hypothetical}If your house is tax assessor valued at 100k with exemptions under SOH and they tax you at $1.00 per $1000 of value- you pay $100 in taxes. If you lose SOH and they value it with the new super exemption, the assessor will simply raise the millage to $2.00 per $1000 or $3.00 per thousand until they get back to $100 in taxes. The county governments are not going to accept tax revenue at 50,60,70 etc percent of what is is now. The government will raise your millage to get a neutral net revenue from the citizens.
I would vote for a sales tax{consumption} that would replace all property tax- this is the only way I see to make it fair for all. This was part of the discussion in the state legislature when super exemption became the proposal. It was voted down by our illustrious leaders. Make them go back to the table and present us with an abolishment of property tax replaced with sales tax-It would pass overwhelmingly IMHO
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if you vote no, you are saying to the politicians that you do not care about the property tax issue, and we do not want them to get that message. they need to be doing more, not less!