Aavis backs Prop­erty fn­de­pen­dence Act

The Advance of Bucks County - - BRISTOL AREA -

be­cause we re­main rooted to an un­fair sys­tem of tax­a­tion that should have gone the way of the buggy whipK”

To elim­i­nate school prop­erty tax­esI the Prop­erty Tax In­de­pen­dence Act wouldW

G jain­tain tax rev­enue neu­tral­i­tyI rais­ing no more than is al­ready col­lected by the school prop­erty taxes that would be elim­i­nat­edK

G oe­placeI dol­lar-for-dol­larI all lo­cal school prop­erty taxes that are elim­i­nat­edK

G joder­ately broaden the sales tax base to in­clude more ser­vices and prod­ucts at a T per­cent rateK

G In­crease the state Per­sonal In­come Tax to 4KP4 per­cent from PKMT per­centK

G Im­pose no new man­dates of any kind on Penn­syl­va­nia school dis­trictsK

“A de­tailed anal­y­sis by Penn­syl­va­nia’s In­de­pen­dent cis­cal Of­fice shows that the Prop­erty Tax In­de­pen­dence Act would be a boon for Penn­syl­va­nia’s schoolsI busi­ness cli­mateI job growth and econ­omy in gen­er­alI” aavis saidK “This leg­is­la­tion is the real deal for ci­ti­zens tired and dis­cour­aged by prop­erty tax­esK”

Ac­cord­ing to the cis­cal Of­fice anal­y­sisI the ben­e­fits of HKBK TS in­cludeW

G Sig­nif­i­cant tax re­duc­tions for re­tired home­own­ersI eas­ily off­set­ting the higher sales taxK

G jore than ANKN bil­lion in sav­ings from an­tic­i­pated in­creases in prop­erty taxes an­nu­ally af­ter five yearsK

G In­creased dis­pos­able in­come for prop­erty tax­pay­ers and higher pre-tax prof­its for busi­nesses paying prop­erty tax­esK

G Tax cuts for work­ing fam­i­lies paying prop­erty tax­esK

G In­creased home val­uesI on av­er­age greater than NM per­cent statewideK

jir­ror leg­is­la­tion – SKBK NTTS – has been in­tro­duced in the state Se­nateK

“It’s way past time to do some­thing about home-steal­ingI wal­let-drain­ingI busi­ness-killing and spirit-sap­ping prop­erty tax­esI” aavis saidK “The Prop­erty Tax In­de­pen­dence Act is the ve­hi­cle and it has my full sup­portK”

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