This election, there is a ballot question, the Pennsylvania Allow Local Taxing Authorities to Exempt Full Value of Homestead Amendment. We are advocating that you vote NO!!!
This proposal would allow local taxing authorities ― counties, municipalities, and school districts ― to exempt up to 100 percent of the assessed value of each homestead from taxes.
Sen. Michele Brooks (R-50), one of the two legislators who voted against referring the amendment to the ballot, said this:
“People need to hear the whole story. This is a major policy shift… [this] is the first piece to raising the personal income tax, increasing the sales tax, or taxing things that are not currently taxed.”
If the local taxing authority chooses elimination of property taxes, other funding streams would have to be put in place to make up for the lost revenue, or face the loss of government services and possibly even harm to public education.
This would be a step toward ending property tax, which Republicans have wanted to do for years. This would be a shift in the tax burden away from the wealthy (those who own a lot of real estate) and toward those who don’t own real estate (the poor, those who rent, etc.). Those who own more property will get more tax cuts – those who own no property will likely have to pay more.
Vote NO for the ballot question “Pennsylvania Allow Local Taxing Authorities to Exempt Full Value of Homestead Amendment.” It’s just more tax cuts for the wealthy.