Liberty Planet Weblog

Pennsylvania considers eliminating school property taxes to make housing more affordable

Posted on: March 23, 2013

(NaturalNews) Legislators in Pennsylvania are considering a new proposal that would do away with the state’s property tax scheme that currently funds government-run public schools, and replace it with slight tax increases on both sales and state income. According to the bill’s advocates, property owners would benefit greatly from the change, while the two tax increases would represent a mere penny-or-so increase for every one dollar spent or earned, respectively.

Known as the Property Tax Independence Act, or House Bill 76, the bill was recently unveiled by a cohort of both Democrats and Republicans who say it is pertinent and in the best interests of Pennsylvanians to finally establish true home ownership throughout the state. After conducting a thorough analysis of the proposal during the previous legislative session, the Independent Fiscal Office determined that, financially speaking, the change would allow schools to still receive the same amount of funding, but would protect homeowners from the unfair, antiquated property tax.

“This legislation offers hope to Pennsylvania residents who aspire to truly own their homes,” says Representative Jim Cox (R-129), who together with state Senator David G. Argall (R-29) unveiled the bill in early March. “Homeowners simply cannot understand how the General Assembly could continue to allow people to lose their homes through no fault of their own and drive citizens and businesses out of Pennsylvania.”

Learn more: Natural News

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Enter your email address to follow this blog and receive notifications of new posts by email.

Blog Stats

  • 30,401 hits

Categories

Top Clicks

  • None
%d bloggers like this: