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Legislators eyeing property-tax reform ideas
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California waited for the politicians to get their hands out of their pockets and took action on their own. My taxes in CA remained at $700 dollars instead of jumping to $2700, with a 2% increase each year.
Perhaps Utahns will have to take it into their own hands and put it on the ballot. The state needs to live within its means, just as a do.
My taxes jumped $1300 this year alone. I too am retired and on a fixed income. What will it be next year? You can say my home is worth $X but if I sell it for $Y will they give me back my taxes because I sold it for less than what they thought it was worth. I don't think so.
British Petroleum claims it doesn't cost any more to refine oil but it's rise in price is a supply and demand. That means to me the oil industry is getting more for nothing.
Taxes should be a percentage. If Utah was receiving 12 cents on a dollar, they should receive 12% of whatever the price goes to. That would be our windfall along with theirs.
It might control gluttony.
That's all, Paul
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