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Homeowners, commercial property owners, need to know future tax obligations

Reducing taxes is attractive for those who pay and the GOP plan is good for business, bad for homeowners. Conceptually, it is very simple however: property tax revenue results from assessed valuations multiplied by tax rates.

The problem is the government spends money and then expects taxpayers to pay, similar to a spendthrift college student with a parent’s credit card.

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Capitol Quotes, Dec. 17, 2010

“We can’t just give the Legislature the finger and ignore them. They raised some legitimate concerns, although antagonistically.” — Mick Rusing, a member of the Commission on Appellate Court Appointments, on having to convene again after Republican legislative leaders complained about the slate of nominees sent to them.

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