Friday, October 24, 2008
City keeps property tax rollback for one more year
Councilmember Chris Monzel led the drive to prevent Cincinnati City Council from raising the property tax for 2009. Originally enacted by the initiative of Phil Heimlich, the property tax rollback has now survived for eight straight years. Cincinnati property owners are already facing an overall 14% tax increase later this year as a result of a massive increase in taxes for Cincinnati Public Schools. Council members Chris Bortz and Roxanne Qualls led efforts to hike Cincinnati property taxes. Thank you Chris Monzel.
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If I remember correctly, the preservation of this tax rollback saved the average homeowner about enough money to buy them a value meal at McDonald's. Collectively though, it cost the City of Cincinnati hundreds of thousands of dollars. Money that could have potentially gone towards police officers, fire fighters, or medical clinics.
ReplyDeleteWhose money is it again?!?
ReplyDeleteIt costs THE TAXPAYERS millions collectively.
That is true, but last time I checked there isn't an ATM where I can go and draw money out of a collective taxpayer account.
ReplyDeleteCongress/Statehouse/City Council is the "ATM".
ReplyDeletePaid Lobbyists are the "card".
Campaign contributions are the "PIN Code".
That doesn't make sense given the context of our discussion even though I understand the point you're trying to make.
ReplyDeleteYour previous statement implied that when this rollback was preserved that there was a collective savings of millions for taxpayers - this is true. This savings though is split up amongst the thousands and thousands of individual property owners, whereas the the money would have been a collective amount for the City to use.
You may disagree with taxes altogether, but you can't argue that $4 split up thousands of ways is more productive than millions (as you state) in one single pot.