Grooms plan tabled, Senate will debate House plan
I voted in favor of the The Groom Broom yet it was tabled, therefore, we will now examine the House plan. The motion to table the house plan came to a tie and the Lt. Governor cast “no” to table. The Senate is now debating the House plan. This plan increases sales taxes to 7% and totally eliminates property taxes from owner occupied homes (primary residences) except for school bond indebtedness. This bill will remove a large majority of your property taxes on your home. Does this bill create problems? Absolutely, but we’ll do our best to resolve the problems. The benefits far outweigh the shortcomings. You will own your home, not rent from the government.
What’s good about the House plan:
-eliminates just about all of the taxes on owner occupied homes
-exempts accommodations tax increase and food tax increase
What’s bad about the House plan:
-business property tax remains
-car taxes remain
-distribution will have winners and losers
April 19th, 2006 at 1:50 pm
Sen. Bryant,
Correct me if I’m wrong on this, and I just might very well be, I have not been able to read all the ins and outs of this.
What I am seeing straight off the bat though, I see this will increase the sales tax to 7% (where is the sales tax at right now?), and you will totally eliminate property taxes.
What this is telling me, again, I might be wrong, I’m a 24 year old male who makes $30,000. I do not own a house. Only thing I own is a car and cell phone and that is all. So shall I assume that for people richer than me who make enough money to own a house or houses, this bill would reduce their taxes, but me….semi poor guy it will increase mine?
April 19th, 2006 at 5:50 pm
Sen. Bryant,
Correct me if I’m wrong on this, and I just might very well be, I have not been able to read all the ins and outs of this.
What I am seeing straight off the bat though, I see this will increase the sales tax to 7% (where is the sales tax at right now?), and you will totally eliminate property taxes.
What this is telling me, again, I might be wrong, I’m a 24 year old male who makes $30,000. I do not own a house. Only thing I own is a car and cell phone and that is all. So shall I assume that for people richer than me who make enough money to own a house or houses, this bill would reduce their taxes, but me….semi poor guy it will increase mine?
April 19th, 2006 at 5:58 pm
Michael, The Grooms plan slashes all property tax. So your car taxes would be reduced. The cut in commercial property taxes will indirectly help you also. The Grooms plan was tabled, so who knows what direction we’ll go.
One thing I’d like to mention is that you are a bright young man that will continue to work and make a living. One issue we have with property taxes are retired seniors on a fixed income that have ever increasing taxes on their home.
April 19th, 2006 at 5:58 pm
Michael, The Grooms plan slashes all property tax. So your car taxes would be reduced. The cut in commercial property taxes will indirectly help you also. The Grooms plan was tabled, so who knows what direction we’ll go.
One thing I’d like to mention is that you are a bright young man that will continue to work and make a living. One issue we have with property taxes are retired seniors on a fixed income that have ever increasing taxes on their home.
April 22nd, 2006 at 9:55 pm
thank you for the input and the information
April 23rd, 2006 at 12:45 am
thank you for the input and the information