|
|
Article: Ways to skin the property tax cat.(property tax reforms)
- Article from:
- State Legislatures
- Article date:
- September 1, 1996
- Author:
CopyrightCOPYRIGHT 1996 National Conference of State Legislatures. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Michigan's dramatic property tax reduction in 1994 sparked predictions that other states -- particularly those with high property taxes -- would follow suit with major reforms of their own. After all, Michigan lawmakers proved that you could roll back property taxes, raise state sales and cigarette taxes to replace the revenue, and still survive at the polls.
Proposals emerged a half dozen states, including the high property tax states of Vermont and Wisconsin, to repeal the property tax as a school funding source. Some of these proposals were on the fast track. Yet when the dust settled, no states adopted a Michigan-style "overnight" property tax fix.
...