Speak Out: Should Property Tax Be Discontinued?
Tell us your thoughts on property tax in the comments below!
North Dakota voters will take to the polls today, Tuesday, June 12, to decide if the state property tax should be abolished.
According to USA Today, the tax generates approximately $800 million in annual revenue, which mostly goes toward funding local governments and schools. There is no secondary plan currently to replace funding if the measure passes Tuesday.
So, "speak out" and tell us what you think about property taxes. Would you like to see it abolished here? If so, from where should needed money come?
AJM
11:26 am on Saturday, July 7, 2012
As much as I hate property tax, it makes sense to have it. It just needs to be tamed.
In Atlanta/Fulton, we can see a big chunk goes to parks (good), and an ENORMOUS chuck goes to schools (about 55%). I have a problem with that. As someone without children, why do I have to pay such a huge subsidy for other people's kids?