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by alkonaut
94 days ago
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Doesn't it just limit property tax to 1% while saying nothing about income tax? Is it this? > the aggregate of all tax levies upon real and personal property by the state and all taxing districts now existing or hereafter created, shall not in any year exceed one percent of the true and fair value of such property in money Asking an AI (I know, I know) it suggests "Courts have ruled that income is property" which to me sounds like ruling up is down. I mean everywhere that has property tax separate from income tax or only one or the other would object... There was initiative 2111 which seems it wouldn't even be necessary if income tax was against the constitution to begin with? Also I assume this law basically nullifies initiative 2111? |
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