Showing posts with label tax cut. Show all posts
Showing posts with label tax cut. Show all posts

Friday, August 3, 2018

Property tax cut in Hall County

When a county rolls back a millage rate, some of that beneficial reduction leaves the county by lowering the rate to international corporations, national corporations, and other agencies based beyond the county lines.

To produce and capture a local benefit for strictly the resident homeowners who carry the major burden for property taxes, the county, in conjunction with local legislation, should increase exemptions, specifically the homestead exemption.

That will give a 'flat rate' tax reduction, spread across the county, targeted to those who live in the county and represent the wealth base.