Comments on: Personal Property Tax Repeal Could Open Proverbial “Can Of Worms”

By: Rod in SE Boise

Rod in SE Boise — Fri, 11 Jan 2013 21:51:25 +0000

If they repeal the business personal property tax, they need to replace that income (most of which goes to the counties, I believe), and they need to replace it with business income taxes, or personal income taxes on income > $250K. Replacing this income with property taxes, sales tax, or local option sales taxes is NOT, NOT, NOT acceptable.

By: Casmir

Casmir — Fri, 11 Jan 2013 18:08:45 +0000

Double taxation of assets is wrong. Businesses pay sales tax (lots of it) on equipment and then get the privilege of paying additional yearly taxes on that same equipment in perpetuity. Government has no right to establish permanent tax liens against property of any kind – which reduces the “property owner” to a permanent renter of the asset. After proper sales tax is paid, title to assets should be free and clear of encumberances.

By: Voter

Voter — Fri, 11 Jan 2013 05:00:48 +0000

Local Option Tax is just like giving heroin to an addict. We will be voting on tax increases every election and the local governments will use our own tax money to promote the issue.

Please tell your legislators to vote NO on ANY local option tax authority.

By: Murphy

Murphy — Fri, 11 Jan 2013 03:41:52 +0000

Personal property taxation is a record keeping nightmare for small business, especially self-employed home offices, real estate and insurance agents,consultants, etc. Some are on the tax rolls, many are missed. Some taxable values are so minor the cost of preparing the assessment and the collection of taxes exceeds the tax revenue collected.
One suggestion, exempt all office equipment, desks, chairs, file cabinets, computers, software, phones, printers, etc. The loss of revenue would be minor overall with no need for replacement revenue.

By: Clancy

Clancy — Thu, 10 Jan 2013 22:18:45 +0000

I am for an exemption similar to the homeowners exemption.