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If given a choice between sales tax and property tax, take property tax hikeTue, 08/05/2008 - 3:15pm
By: Letters to the ...
Do you want a millage increase on your property taxes or a penny sales tax increase? I am a homeowner, but here is why I would rather have a millage increase than a penny sales tax increase: 1. I can deduct what I pay in property taxes from my state and federal income tax return. I cannot deduct sales tax, so the sales tax will actually cost me more. 2. Fayette County businesses have an advantage that they will not have if there is a sales tax increase. Many businesses are struggling as it is. How will this affect them? 3. If Fayette County had a large tourism industry, this might make sense, but we don’t. So, we are the ones who will pay, one way or another. I would rather pay something that can reduce my state and federal income taxes. 4. A sales tax is a regressive tax. If it is an either/or question, I would rather have a millage increase in my property taxes than an increase in sales tax. Dr. Mary Kay Bacallao Brooks, Ga. [Dr. Bacallao was a candidate in the recent race for Board of Education Post 2, which was won by incumbent Terri Smith, the chairman of the board.] login to post comments |