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PROPELLER · 12-13-2004, 03:54 PM

I do not think a sales tax or income tax is the answer. If there was a sales tax or income tax a municipality is not going to lower your assessment because the value of your home is not reduced magically because the state is now collecting an additional tax. Even if a municipality lowered the per thousand rate, what would it be maybe $2 per thousand? On a $600,000 home (what many lake front houses go for) thats $1200. So in Gilford where the rate is approximately $17 per thousand it would be reduced from $10,200 to $9,000. Is that going to make the difference whether someone stays or goes? I doubt it. $9,000 is still a large tax bill. And thats if a municipality decided to lower the rate. I doubt they would because when given money they will find another way to spend it.

What guarantee is there that the new tax whether it be sales or income tax is going to be distributed among the towns. A sales or income tax is collected by the state. No, I would not be so naive to believe that a sales or income tax will elleviate this problem. TAXES NEVER GO DOWN. And just remember once they get a sales or income tax, now you will be paying high property taxes & an additional tax or taxes (sales or income)

12-13-2004, 03:54 PM	#38
PROPELLER Senior Member Join Date: Jul 2004 Posts: 340 Thanks: 0 Thanked 0 Times in 0 Posts	sales tax I do not think a sales tax or income tax is the answer. If there was a sales tax or income tax a municipality is not going to lower your assessment because the value of your home is not reduced magically because the state is now collecting an additional tax. Even if a municipality lowered the per thousand rate, what would it be maybe $2 per thousand? On a $600,000 home (what many lake front houses go for) thats $1200. So in Gilford where the rate is approximately $17 per thousand it would be reduced from $10,200 to $9,000. Is that going to make the difference whether someone stays or goes? I doubt it. $9,000 is still a large tax bill. And thats if a municipality decided to lower the rate. I doubt they would because when given money they will find another way to spend it. What guarantee is there that the new tax whether it be sales or income tax is going to be distributed among the towns. A sales or income tax is collected by the state. No, I would not be so naive to believe that a sales or income tax will elleviate this problem. TAXES NEVER GO DOWN. And just remember once they get a sales or income tax, now you will be paying high property taxes & an additional tax or taxes (sales or income)