Tuesday, March 11, 2008
News Richardson's tax plan passes
Posted by Thomas Wheatley @thomaswheatley on Tue, Mar 11, 2008 at 10:15 PM
The sun finally shines on state House Speaker Glenn Richardson's face. The plan passed the House 166-5. From InsiderAdvantage:
If approved by the Senate and then by the voters in November, the bill would eliminate the car tag tax in two steps - half next year and the remainder in 2010. It would eliminate the state's quarter-mill property tax, and it would freeze property tax assessments at 2008 levels except for increases of up to 2 percent for residential property and 3 percent for commercial.
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