Should the state lift the 1 percent property-tax cap to fund schools and local government? Have your say in a live panel discussion.
Should the state lift the 1 percent property-tax cap to fund schools and local government? Public-affairs consultant and former chairman of the state Republican Party Chris Vance recently argued in The Seattle Times Opinion section:
“Capping revenue growth at 1 percent a year makes it virtually impossible for the county to even keep up with inflation … (and) replace the 1 percent property-tax cap with a cap limiting revenue growth to a factor of inflation plus the rate of population growth.”Tim Eyman countered in a guest column published Saturday:
“There’s been an overwhelming vote of the people and even a broader legislative vote to make the 1-percent cap the law. It’s important to know that governments get property taxes from multiple sources. Every year, they get property-tax revenue, as well as tax dollars from new construction, improvements, annexations, real-estate excise taxes, property-valuation increases and voter-approved levies. When added together, property taxes to government consistently rise faster than inflation.”
Join both guest columnists in a live on-air Google Hangout Thursday at noon to discuss the property-tax cap and whether the state should lift the 1 percent limit. I will be moderating the discussion. The video will play in the video at the top of this post when it’s live. And, have your say before the event begins. I’m looking for reader feedback on this issue to publish in print and online, and will take a look at submissions before the broadcast begins to ask the panelists.