The Lafayette Journal & Courier has an editorial referencing a property tax study done by the Legislative Services Agency and everybody’s favorite economist, Larry DeBoer. (Discussed here. Their take: so what. Taxes are going to have to go up this year because of the General Assembly’s budget. And, because the General Assembly passed the buck, the tax raises are going to have to be done at the local level.
That makes me think, if state and federal taxes had gone down some, I wouldn’t mind the county taxes going up. The more local the tax, the less I resent it. But, of course the federal income tax is still a huge part of our collective tax burden and the benefits we receive from it are usually the most indirect (or almost non-existent: see Iraq.)
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