Wednesday, February 6, 2013

Am I That Dumb? The Elimination of the Car Tax

Let me see if I got this right.  Governor Malloy said in his speech today that car taxes would be eliminated...Hooray!  Oops, wait a second.  Let me think about that.  New Milford -- like every Town -- has a Budget of $X.  That $X is raised by taxing vehicles, real property and personal property.  If the tax on vehicles is taken out of that equation, OOPS! real property and personal property taxes have to go up to raise that $X.

Well, you say, I'm a renter and I don't pay real property tax.  No?  Well, your Landlord does and guess what's going to happen.  Yes, your rent is going up.

What a cute sound bite.          

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