The governor of West Palm Beach Charlie Christ visites homeowners in three cities to sign a $16 billion reduction into law. Another vote is needed to decide whether the piece of the tax plan also becomes a bill. The vote in January will also cover a separate measure which allows residents a choice in their exemptions and assessment limits. People will be saving between $200 and $600 a year. Property taxes are very high and this could potetnialy help them to be lower.
In my opinion I believe that this tax law would be a good idea. Many homeowners will see annual cuts on an average of a little bit more then $100. I also think that this will help limit local government budgets.
Tuesday, July 3, 2007
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2 comments:
I belive that any tax reduction is good for the people because many of them can't afford to pay taxes every year. If the government is able to maintain their budget while we get a tax break, then that would be good for everyone. However it isn't common that government would give us a tax break because the cost of living always rises.
I think that anything having to do with tax cuts, especially when government maintains their budget, benefits the people greatly, but is it really likely that it would happen?
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