Among them, a relatively impregnable cap on property taxes.
For further property tax debate, look no further than House Bill 1001, which passed last year. It put caps on homeowner tax bills at 1 percent of assessed value; 2 percent for rental property; and 3 percent for business property.
Daniels wants those caps put into the constitution so that a future legislature can’t easily remove them.
Sound fair enough? Helps out all those homeowners who've been struggling?
The catch:
Local Democrats are against the idea.
“I think it would be premature to do it right now; no one knows what’s going to happen,” [Rep. Dennie Oxley, D-Taswell] said.
Turns out it's really a redistribution issue, cloaked in property and education labels.
The phased-in caps are projected to save taxpayers an estimated $229 million in 2009 and $524 million in 2010. But that is money school districts and local governments won’t collect, although lawmakers steered an extra $120 million to schools over the next two years to soften the blow.
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