Sunday, February 8, 2009

Support "Proposition K"


House Bill 2150, also known as "Proposition K", was introduced into the Kansas Legislature by Rep. Steve Brunk (Park City). If passed, the bill would limit property assessment increases to 2% per year, unless property improvements are made. Currently, many government agencies enjoy budgeting and spending the revenues created from higher property appraisals while touting that the "mill levy" was maintained, and blaming higher taxes on the County Appraiser. If passed, Proposition K would place the blame on higher taxes where it belongs, with the taxing entity. Increases in taxes would then have to be justified by the taxing entity, and not just because property valuations rose. For more information on the process of taxation, visit my article "How the Process of Taxation Really Works" at http://www.johntracy.net/files/taxation.pdf. For more information on Proposition K, you can follow the Proposition K link on my homepage, or point your browser to http://www.propositionk.org/?page_id=2. If you support Proposition K, send your letter of support to Rep. Vince Wetta.

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