Specifically, cease property taxation for all businesses three or more years in continuous operation and/or production. Immediately cease all homeowner property taxation for seniors living in their homes more than ten years with fixed incomes less than $40,000 annually. Limit all other homeowner taxation to Value at Purchase X 6% (recognized state tax).
Why is this important?
Deceptive property and business taxation has been a traditional burden against business development and job creation for years. Homeowner taxation is grossly manipulated and especially unfair for seniors living in their homes until death. Homeowners and business can no longer support every blank-check community need for eternity. Other more logical sources must be creatively determined.
