Friday, August 14, 2009

Legislators Pass Property Tax Increase

The headline isn't that far off. While they didn't directly pass a
tax increase, the fact they failed to pass a bill repealing the soon
to be reinstated property tax, it will go into effect on Monday. So
if your house is worth $176,200, you just got a $58 a year tax
increase. Businesses? Forget about it! 40 cents per $100 of
assessed value. Isn't this what these Legislators have been fighting
for all of these months?

Republic Version Here
Tribune Version Here

UPDATE: Evidently, Burns and Adams plan to kill the tax one way or another.

1 comment:

Thane Eichenauer said...

I am (not) sure that the taxpayers of Arizona will feel that an additional $58 per year (each and every year) is worth it to keep the people like Marcia Powell off the streets and imprisoned.