Colorado Gov. Bill Ritter (D) will block property tax decrease

[OutHouse]

WTF!! :|

Denver Post story

Gov. BIll Ritter scheduled an announcement on Public-school financing Tuesday amid reports he will abandon a proposal to use mineral taxes for education and instead favor getting the money from property taxes.

Ritter wants to freeze property tax rated statewide instead of allowing them to decline, as anticipated under measures designed to limit the tax burden on homeowners. The Denver Post and the Rocky Mountain News reported tuesady.

That would allow schools to collect as much as 63.6 million more next year than they would if property tax rates were allowed to decrease.

Ritters spokesman, Evan Dreyer declined to discuss details of the propsal.

 

[Genx87]

Come on, another democrat obviously helping out the middle class again while targetting the rich.

 

[dmcowen674]

No surprise here, nothing ever goes down.

 

[ayabe]

Your taxes should be pegged to your property value and if that's decreasing then so will your taxes, but they will be assessed at the same rate.

 

[ntdz]

Originally posted by: dmcowen674
No surprise here, nothing ever goes down.

Except federal income tax when Republicans are in power.

 

[slsmnaz]

nvm

 

[JD50]

Originally posted by: slsmnaz
nvm

HAH!

Well, it was pretty damn funny, but probably a good thing you changed it.

 

[Jaskalas]

Originally posted by: ntdz

Originally posted by: dmcowen674
No surprise here, nothing ever goes down.

Except federal income tax when Republicans are in power.

Cutting taxes and then increasing spending can only lead to one thing. Eventually the taxes will be raised. We save in the short term and pay more later.

 

[IronWing]

What does the spending side look like? Would cutting property taxes lead to deficits? Mineral taxes are erratic as prices and production go through boom and bust cycles, not a good way to fund ongoing expenses like schools.

 

[JD50]

Here is a novel idea, if your revenue goes down, you need to cut your expenses. Its something that ordinary Americans have to deal with every day, why can't the government do the same thing?

 

[slsmnaz]

Originally posted by: JD50

Originally posted by: slsmnaz
nvm

HAH!

Well, it was pretty damn funny, but probably a good thing you changed it.

 

[IronWing]

Originally posted by: JD50
Here is a novel idea, if your revenue goes down, you need to cut your expenses. Its something that ordinary Americans have to deal with every day, why can't the government do the same thing?

No one's voting for it. Every program has its supporters. Re-election takes money and the avoidance of real controversy.

 

[dmcowen674]

Originally posted by: ntdz

Originally posted by: dmcowen674
No surprise here, nothing ever goes down.

Except federal income tax for the rich when Republicans are in power.

Fixed for you

 

[JD50]

Originally posted by: dmcowen674

Originally posted by: ntdz

Originally posted by: dmcowen674
No surprise here, nothing ever goes down.

Except federal income tax for the rich when Republicans are in power.

Fixed for you

I'm not rich and I got a tax cut.

 

[johnnobts]

Except federal income tax for the rich when Republicans are in power.



Fixed for you

____________________

same here, a very unrich guy who got a nice tax cut. very big deal when you're a working man with 2 kids to feed. i'd also like to thank Walmart, who has saved me thousands of dollars each year.

 

[senseamp]

You didn't get anything. GOP simply raided your payroll taxes to use them to pay for your little tax cut, and huge tax cut for the rich, while leaving future SS liabilities unfunded.

 

[DealMonkey]

Time for a California/Prop 13 homeowner revolt against taxes then!

 

[BlancoNino]

This isn't new. The democrats in Washington State love nothing more than taxing property...yet for some reason we still have budget problems....sigh.

 

[conehead433]

My property taxes here in south Ga went up over 50% here this year. I am extremely po'd.

 

[ntdz]

Originally posted by: Jaskalas

Originally posted by: ntdz

Originally posted by: dmcowen674
No surprise here, nothing ever goes down.

Except federal income tax when Republicans are in power.

Cutting taxes and then increasing spending can only lead to one thing. Eventually the taxes will be raised. We save in the short term and pay more later.

Actually taxes won't have to be raised, our debt/gdp ratio is still currently healthy. We'll have a balanced budget in ~4-5 years without raising taxes.

 

[LcarsSystem]

Originally posted by: ntdz

Originally posted by: Jaskalas

Originally posted by: ntdz

Originally posted by: dmcowen674
No surprise here, nothing ever goes down.

Except federal income tax when Republicans are in power.

Cutting taxes and then increasing spending can only lead to one thing. Eventually the taxes will be raised. We save in the short term and pay more later.

Actually taxes won't have to be raised, our debt/gdp ratio is still currently healthy. We'll have a balanced budget in ~4-5 years without raising taxes.

Wow you're so wrong, I suggest you take a look at this link from last weeks, "60 Minute" story on what the nation's top accountant, David Walker of the U.S. thinks. I am more willing to believe him, than some wannabe know-it-all republican lackey on these boards. He even has a special line in there for people like you, watch the video and pay attention, you'll see what I'm talking about.

 

[DAPUNISHER]

Here in Fl., we are in the midst of deciding wether to eliminate PT and increase sales tax to 8.5 percent, or just reduce the property taxes to year 2000 levels. Florida Today article

Originally posted by: JD50
Here is a novel idea, if your revenue goes down, you need to cut your expenses. Its something that ordinary Americans have to deal with every day, why can't the government do the same thing?

Our House Speaker Marco Rubio agrees, and so do I.

"We should not be afraid to ask government to do what everyday people have to do," Rubio said, "which is balance budgets and establish priorities and decide what to buy and not to buy depending on their economic circumstances."

Originally posted by: conehead433
My property taxes here in south Ga went up over 50% here this year. I am extremely po'd.

Evidently, Ga. is considering the same thing we are here

He and others at the center have produced policy briefs on the added instability that comes with substituting sales taxes for property taxes as a growing number of states, including Georgia, consider the idea.

I'm for the PT elimination, as the 2.5 percent increase in sales tax would save me considerablely more money compared to what I pay in PT every year. The state having to adjust the budget depending on amount of revenue, strikes me as a good thing. I'm tired of them spending money like a trust fund brat with a steady allowance that just keeps growing, let them learn to adjust the states' funding priorities dependent upon wether or not, we the people, had money to spend that year too.

 

[PingSpike]

Our state legislature is avoiding the high property tax issue by spending all day passing pointless global warming bills that will do nothing at large since our state already hardly pollutes to begin with. At least the governor threw it in their faces.

 

[Moonbeam]

In California our property tax is based on an assessed value of the property which is so far below it's real value as to be ridiculous. I am happy not to have to pay on the real value of my real estate.

 

[Specop 007]

Originally posted by: senseamp
You didn't get anything. GOP simply raided your payroll taxes to use them to pay for your little tax cut, and huge tax cut for the rich, while leaving future SS liabilities unfunded.

Dont be a maroon.

Those social programs are
1) The biggest part of the budget
and
2) Continuing to grow and would have been underfunded regardless

To lay the blame on the GOP in the last 4 years is just childish.