Governor Details His Property Tax Freeze Resolution

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ewv
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Governor Details His Property Tax Freeze Resolution

[quote="JIMV"][quote="Stavros Mendros"]The fact is that people are buying houses at high costs and upping the valuation for homeowners in nearby neighborhoods, especially in coastal communites. The Governor's idea had flaws, but it does address that problem.[/quote]

Agreed, the wealth of ones neighbor should not be the basis of ones tax.[/quote]
Neither should your [i]own[/i] "wealth" be the basis of higher taxes. If the value of houses in nearby neighborhoods rises but the spending remains the same, the tax also remains the same because the mil rate decreases.

The problem of discrimination occurs when some houses go up in value faster than the average, causing inequitable taxes. Your own "wealth" should not be the basis of imposing town costs. The value of your own property is completely irrelevant to the cost of town services and redistribution.

The Governor is not addressing the problem he claims to and would in fact make it worse through more unfair tax shifts.

Dan Billings
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Governor Details His Property Tax Freeze Resolution

[url=http://janus.state.me.us/legis/LawMakerWeb/summary.asp?ID=280022666]This bill has been killed by the Legislature.[/url]

Naran
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Governor Details His Property Tax Freeze Resolution

A swift, and well-deserved death, methinks.

Town Manager
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Governor Details His Property Tax Freeze Resolution

A-men. R.I.P.

J. McKane
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Governor Details His Property Tax Freeze Resolution

It's not property valuations that need to be frozen, it is property taxes. No matter what Town Manager thinks, government spending should not go up faster than your pay check.

Town Manager
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Governor Details His Property Tax Freeze Resolution

[quote="J. McKane"]It's not property valuations that need to be frozen, it is property taxes. No matter what Town Manager thinks, government spending should not go up faster than your pay check.[/quote]

I take it you have not read the LD 1 report. Local government is not the problem Rep. McKane. Fix the problem then we can talk.

Dan Billings
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Governor Details His Property Tax Freeze Resolution

So the schools are not local government?

JIMV
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Governor Details His Property Tax Freeze Resolution

[quote="ewv"][quote="JIMV"][quote="Stavros Mendros"]The fact is that people are buying houses at high costs and upping the valuation for homeowners in nearby neighborhoods, especially in coastal communites. The Governor's idea had flaws, but it does address that problem.[/quote]

Agreed, the wealth of ones neighbor should not be the basis of ones tax.[/quote]
Neither should your [i]own[/i] "wealth" be the basis of higher taxes. If the value of houses in nearby neighborhoods rises but the spending remains the same, the tax also remains the same because the mil rate decreases.

The problem of discrimination occurs when some houses go up in value faster than the average, causing inequitable taxes. Your own "wealth" should not be the basis of imposing town costs. The value of your own property is completely irrelevant to the cost of town services and redistribution.

The Governor is not addressing the problem he claims to and would in fact make it worse through more unfair tax shifts.[/quote]

Does the Mill rate ever really go down? I think that is an urban myth. This is maine...all that taxes do is go up, and up and up. So I went away (another story)

As to inequitable taxes, there is nothing equitable in basing ones taxes on unrealized potential wealth nor on ones neighbor's wealth. It is like 'fairness' One has to buy into a lot of nonsense to believe anything about taxation is either 'fair' or 'equitable'. Once you remove the fig leaf of fear from the plate, one sees that folk pay these exhorbitant taxes because one must, not because anyone really believes the extortion is ethical or moral.

We pay because we fear.

Naran
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Governor Details His Property Tax Freeze Resolution

Jim - believe it or not, mill rates have gone down in Kennebunkport. Because of LD1 destroying our longtime school expense sharing formula between the two towns (thank you, Gov. 38%), over the last three years, Kennebunk has taken a larger hit on school expenses every year, and the Port has gotten steady decreases in their own property tax bills.

Probably unique in all of Maine.

Bruce Libby
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Governor Details His Property Tax Freeze Resolution

I am glad that this has been killed. I am one of the many who never quite
understand all this tax stuff except for one thing.

If your taxes are to high to begin with , does it really matter if they don't go up :!:

Town Manager
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Governor Details His Property Tax Freeze Resolution

[quote="JIMV"]Does the Mill rate ever really go down? I think that is an urban myth. This is maine...all that taxes do is go up, and up and up.[/quote]

Not true:

Our town's mil rate for the last few years:

2005 - 19.35
2006 - 18.85
2007 - 18.60

I expect the mil rate to at least hold in 2008 or maybe even another decrease. And, I take NO CREDIT for this decrease in the mil rate. While new value has helped, the biggest reason for the decreases has been the increase in state revenue under LD 1 for schools.

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