Feaga's proposal would cut the cap on the annual increases in property tax bills from 5 percent to 4 percent.
Feaga's bill is co-sponsored by council members Christopher Merdon, a Republican from Ellicott City, and David Rakes, a Democrat from east Columbia, giving the bill majority support on the five-member council, improving its odds of passage.
Feaga said the measure would provide slight tax relief to some county homeowners.
"It's feasible, and it's a good way to return some tax to residents," he said during a council meeting Feb. 23.
On this one, I'm not sure which option is better, but it seems Robey's proposal -- reducing the tax rate from $1.04 to $1.01 for every $100 of assessed value -- would have greater positive impacts on homeowners in the long run. Feaga's tax cut, meanwhile, may be more appropriate in this time of rapidly increasing home assessments, a situation that could easily change.
What I'm really wondering is why no one's talking about cutting the income tax rate, which was raised by 30 percent just a few years ago to make up for a budget shortfall.
excellent question. especially when one considers all the fuss back then.
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