Governor Jay Nixon and State Treasurer Clint Zweifel are proposing another incentive that encourages people to buy a home: the payment of the first year of property taxes for income-eligible people who buy a new or existing home after January 1, 2010. Nixon and Zweifel will ask the Missouri Housing Development Commission at its December 18, 2009 meeting to approve a plan in which Missouri families making less than $98,000 a year who buy a home would have their property tax paid up to $1,250.
Why just target a specific group of individuals, Governor Nixon? The best solution to stimulate your economy is to let the people of the state of Missouri decide how to spend their own money. That is, give a tax cut to everyone, not just to those who buy a new home.
No comments:
Post a Comment