How to reduce property taxes
An Americans for Tax Reform study on property tax reform in New Jersey and Massachusetts. While New Jersey attempted to reduce property taxes by creating an income tax with revenue used for property tax relief (similar to what many Pennsylvania lawmakers are proposing), Massachusetts created spending limits with voter refendum protection. Which state was more successful at property tax reduction? Massachusetts, by an overwhelming difference.
The moral of the story - the way to reduce property taxes is to limit spending.
3 comments:
I would think that the way to address property tax would be through education reform - school choice, merit pay, citizen votes on school budget increases and ending teacher strikes; for starters.
http://educationpa.blogspot.com .
SCHOOL CHOICE is the single best reform that can be enacted.
SCHOOL CHOICE is the single best reform that can be enacted.
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