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Measure takes aim at property-tax hikes

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Bob G | 5:48 a.m. Jan. 21, 2008
These tax increases come in more than one shape. Taxation and valutation must be considered as a unit instead of individual means of increasing taxes. Increaseing tax rates is put to the public but valutation is done by computer at inflationary rates. Thus we get double taxed by taxing entities and property values. These tax laws are outdated and are inflationary to the homeowner. They were written when values on homes did not jump by 50% and with a stable moderate rate of increased value. But with valuation having more of an impact on taxes the time has come to rewrite the taxing methods and laws. Grandfathering home property taxes to home purchase value, retroactivly, would make sense and be fair taxation. What a home can be worth if sold is nothing more than speculative taxation because there is no guarantee or proof what a home is worth until it is sold. A stable method of taxation would give cities and governments a more reliable means of determining their needs and what taxes are needed. Shot-gun taxation is what we are facing now and will get worse if not corrected. Don't force people in to foreclosure over excessive taxes.
Minor Machman | 8:25 a.m. Jan. 21, 2008
Right on! Bob G. Now if only our legislators have the guts to stand up for us and tell the Utah Realtor Association where to get off. They have killed what you propose many times in the past.
randy | 10:25 a.m. Jan. 21, 2008
truth in taxation in this state .. is a LIE !! there is NO truth about it at all ....i purchased my home for what i could afford ... now just because a million dollar mansion goes up next to me doesnt mean my property tax should ...
property can ONLY be on the original purchase price i could afford to buy .. not some theory thought up by a desk-jockey assessor looking at real estate number of buying and selling properties ...
our capitol hill gang hasnt got the guts to help us, the little property owners .. they are way too busy helping big businesses pay less taxes so we the little guys have to pay more property taxes ....
it wont be long before there wont be any middle class in this state ... then what ???

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