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The Pennsylvania Progressive
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Thu Oct 04, 2012 at 12:02:12 PM EDT
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( - promoted by John Morgan)
There have been many bills over the years trying to rid this state of its property tax. None to date have been passed into law. I believe that is a great thing. NO not because I was a school board member that levied property taxes but because there is more behind it than the property tax you and I pay on our houses.
Let's look at this from two view points. The first is a way to eliminate the property tax and be FAIR to everyone! Make every parent pay the cost of education of their child(ren) as they go. That is at the state average of $10,000.00 per year per child. Hold on a minute! We can't do that the state constitution says that the state must provide that education. But let's go into this just a little. As the system is right now we have a 13 year education system, K-12. If it costs that $10,000 per year that's $130,000 for each child that we get as an interest FREE loan. That's right, interest free. If you have 2 children and the average is 2.4 currently that $260,000 to educate your children. At your current property tax rate (because both the cost and the tax rate will continue to rise over time) how long will it take you to pay off that "loan".
The second side of this is with the current system the old adage it takes a village to raise a child, really does come into play. Right now the businesses in your school district also pay property taxes and this is the only tax they cannot get out of in some form. They can pay executives more money to get out of paying hire income or profits based taxes, but not the property tax. So guess what happens if these bills get passed? That's right the businesses get a windfall as they would no longer pay their property taxes and would NOT, by any of the bills introduced so far, be forced to give the lost tax expense back to the public! Yea they are at it again. Businesses pay lower taxes on the backs of everyone else! Businesses would not pay the personal income tax we would. Businesses do not pay the sales tax we do!
I'm sorry I don't want to go to a system of individuals paying for the school system alone! Let's let the village help to raise the children. Who benefits through all this but the businesses when the students graduate and are able to be employed in those very businesses!
Let's force the STATE to pay their fair share on an on going basis and then our property taxes will not be out of site! In the last two years the state has reduced funding back to the 2006-2007 school year if I am correct.
HOW WOULD YOUR FINANCES BE IF A LARGE PERCENTAGE OF YOUR INCOME WAS TAKEN BACK THAT FAR? |
| Don_Raifsnider :: Property Tax Issues |
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