Amends existing law to repeal the property tax and to increase the sales tax.
TAXES -- Amends existing law to repeal the property tax and to increase the sales tax.
STATEMENT OF PURPOSE
Arguably, property taxes are a leftover vestige of a feudal system of governing from the Middle Ages wherein lords of manors were required to pay tribute to a king or queen or they risked losing their lands. It is not unreasonable to suggest that we still live under that same system in that if you refuse to pay property taxes, you risk losing your property. The Fifth Amendment of the United States Constitution protects the right of its citizens to own property. In order to truly own property, one must be free from having to make payments to the government just to keep your own in the form of property taxes. This legislation will eliminate all property taxesinthestateandsimultaneouslyreplacethelostrevenuefromsaidpropertytaxeswithincreasedcollections of sales taxes. The sales tax rate will be increased from 6% to 11%. In order to ensure that property taxes are not raised in the future, a Joint Resolution would need to follow that would amend the constitution to prohibit property taxes from being collected.
LATEST ACTION
Reported Printed and Referred to Ways & Means