September 27, 2006

Tennesse Property Tax Relief?

An amendment to the Tennessee Constitution could freeze property taxes for senior citizens who probably need it the most.

What is urgently needed is a freeze on all state and municipal spending and keeping it at a fixed percentage of the taxed ratable. Limits need to be put in place for borrowing money, salaries, pension and health plans, county cars … etc. Outsourcing work needs looking into. Overstaffing of police and municipal workers needs to be addressed. Competing school choices for individual curriculums need to be provided. If the surrounding community work force has to work 45 years before receiving a pension, so should state and local workers.

In November, voters will decide whether local governments can lock in taxes for senior citizens.

If the measure passes in November, income limits will be decided by the legislature. Critics said the tax break would shift more of the tax burden to those who aren't elderly.

Along with age, seniors must meet other requirements to receive the tax break, including income requirements.

If it passes, it must be approved by the different county governments who wish to put the measure in effect. That will be the real challenge.

Filed under Blog, Tennessee by George Bolton

del.icio.us Digg Furl Reddit StumbleUpon Help
Permalink Print Comment

Leave a Comment

You must be logged in to post a comment.