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TAXES: Millionaires Do Not Deserve Relief
by Dave Larsen

Published in Coeur d'Alene Press
June 15, 2006

Yes, I am in favor of property tax relief, but it should be relief for a targeted group only! Property tax relief should target only Idaho residential property owners who qualify for the homeowners exemption.

I see no reason to offer property tax relief to those who come to our state, purchase vacation property at inflated prices, build mega houses, spend relatively small amounts for sales taxable items during their brief stays and who pay no Idaho income tax!

In response to a recent letter to the editor, Sen. Goedde stated "... the only constitutional method of creating differentiated property tax is through exemption." That's exactly what Idaho taxpaying citizens need! It's about time the one-party dominated Legislature created a special interest bill for Idaho's citizens! "Bring it on!"

If the M property tax relief bill as proposed by the majority party is revisited and passed, the "out of stater" with the $2,000,000 vacation home could save $6,000. That means you and I, average middle class Idahoans would have to buy an extra $100,000 worth of taxable items to offset that break.

I, for one, don't want that tax shift handed to me, nor should you.

David Larsen
Coeur d'Alene

 

 

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