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re: Some takeaways from Q&A with Eddie Rispone for Governor
Posted on 1/9/19 at 11:47 am to doubleb
Posted on 1/9/19 at 11:47 am to doubleb
quote:
There is ITEP ((Industyial Tax Exemption Program) and there's the Industrial Tax Equalization Program.
My apologies. Once again, we wouldn't need the Equalization Program if not for our insane inventory tax system. All the Equalization program does is make the combined state and local taxes here the same as they would be in the state the business was considering. I would like to take a deeper look at how these exemptions are gotten and how long they last for.
2
Posted on 1/9/19 at 11:55 am to kingbob
Thank you.
I do not disagree, I just think the process should be open.
And yes our corporate tax system stinks and needs reform.
Google Pelican Institute and read what they have to say and the reforms they recommend.
I do not disagree, I just think the process should be open.
And yes our corporate tax system stinks and needs reform.
Google Pelican Institute and read what they have to say and the reforms they recommend.
Posted on 1/9/19 at 12:23 pm to kingbob
We really should not tax inventory.
I support ending the homestead exemption, the industrial tax exemption and reforming the farmstead exemption while holding tax collections still allowing the millages to adjust much lower. This would add hundreds of billions of property to the tax rolls and dramatically lower millages making property tax bills for most taxpayers today lower.
I support ending the homestead exemption, the industrial tax exemption and reforming the farmstead exemption while holding tax collections still allowing the millages to adjust much lower. This would add hundreds of billions of property to the tax rolls and dramatically lower millages making property tax bills for most taxpayers today lower.
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