Thursday, October 4, 2007

Will our tax meet the ax?


This past Tuesday, the AJC ran THIS ARTICLE about how House Speaker Glenn Richardson is trying to make a change for Georgia taxpayers. He not only wants to eliminate property taxes, but also repeal income taxes. (Florida is also a state with no state income taxes).

Reseach has shown over and over that when people have less of a tax burden, the economy does very well. This leads to more jobs, a stable economy, a healthy trading market, a sellers real estate market and business growth.

For more about taxes and real estate, please return tomorrow for a fantastic article on how the proposed FairTax legislation will benefit the real estate markets throughout the nation.

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