โœ”๏ธ HB421

Enact Taxpayers Freedom Trilogyโ€“Act II: Arresting Inside Millage

Current Status: In House Committee (Ways and Means)

Summary

This bill allows electors in a subdivision or taxing unit to initiate a reduction of unvoted property taxes by filing a petition with the county board of elections. The petition must be signed by at least 15% of the total votes cast for governor in the most recent election and includes a written argument in favor of the reduction. If the petition is valid, the question will be submitted to voters at the next general election, and if approved, the tax levy will be reduced starting January 1 of the following year.

Rationale

The bill aligns with Libertarian principles by empowering individuals to directly influence tax rates through a democratic process, promoting local autonomy and reducing government taxation. Both the LP and LPO platforms support reducing taxes and increasing individual control over financial matters.

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