http://www.policy-wonk.org/erika-rosenberg/discuss-the-property-tax-cap/ Let's talk about where we're headed... Wed, 18 Aug 2010 18:28:26 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.policy-wonk.org/erika-rosenberg/discuss-the-property-tax-cap/comment-page-1/#comment-117 Cindi Davis Mon, 22 Sep 2008 19:52:25 +0000 http://live.cgr.org/policy-wonk/?p=155#comment-117 The Tax Cap sounds good in theory but look at the actual increase in levies across the state and you will find that many, mine included don't increase 1% let alone 4% so the cap will do nothing to reduce the local tax burden. However when you apply the 2% reduction in state aide to local government, you have the recipe for a tax increase. And it looks like that reduction in aide will be even more significant in 2009-2010. From my perspective, it appears that the "Tax Cap" is nothing more than a smoke screen and I don't think that John Q public is dumb enough to buy it! The Tax Cap sounds good in theory but look at the actual increase in levies across the state and you will find that many, mine included don’t increase 1% let alone 4% so the cap will do nothing to reduce the local tax burden. However when you apply the 2% reduction in state aide to local government, you have the recipe for a tax increase. And it looks like that reduction in aide will be even more significant in 2009-2010. From my perspective, it appears that the “Tax Cap” is nothing more than a smoke screen and I don’t think that John Q public is dumb enough to buy it!

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