HB750 Affect on Communities

HB750 basically reduces your education portion of your homeowners tax, and instead raises sales tax and corporate taxes to compensate. In application, it is a pseudo consumption tax system and a pre-requisite to the national sales tax initiative that organizations are bribing our politicians to pass.

What they don’t tell you is that HB750 is flawed. Little is said about the impact to the business and job environment of increasing corporate tax by 60%, adding sales tax to many services, and removing business incentives within communities. It is a recipe for more layoffs as business will either move to more favorable profit locations, layoff staffing to offset tax increases, and increase prices to astronomical levels. In addition, you will no longer have a vote in saying no to new taxes. When they want more, they will increase business tax, which in turn will increase prices on the merchandise they sell, which means you are still footing the tax bill, but now you will no longer have a voice within the process. A Tax is a Tax, even if it is indirect.

This is a sick way of getting around Senior citizens who usually vote down referendum tax hikes, and bypassing Parents who demand fiscal responsibility from our community representatives. Seniors don’t vote no because they no longer have children within the districts, they vote no because they feel there is too much waste and would like to see it reduced before they vote away more of their money. HB750 will take their voice away.