Updates from Senators

Here is the latest concerning plans being looked at in the Senate. Neither of these plans will give us complete school property tax elimination.

The Senate has scheduled a hearing on January 4, 2006 to look at a proposal passed by the House of Representatvies. They want to provide a 50% homestead reduction by expanding the sales tax base to additional goods (not food or clothing) and increasing the state's PIT from 3.07% to 3.29%.

Also, the Senate passed a property tax bill to provide for an earned income tax to reduce property taxes. The gaming money would be driven in to further reduce the property tax with seniors receiving the priority.

Whatever reduction you would see by the proposal passed in the House will be quickly regained with increase in PIT and annual increases in school property taxes.

The plan concerning gaming monies would end up costing you MORE. The increase in EIT and the annual increases in school property tax would equal MORE than you would receive in relief from ACT 72 gambling funds.

Neither of these plans will give you school property tax elimination! Get on the phone.....get your e-mails out.....if we do not act now we are allowing them to once again "pull the wool" over our eyes.

nopropertytaxes@yahoo.com for e-mail lists of House and Senate members