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PROFILES IN COURAGE —— DOES IT EXIST ON THE K.W BOARD OF SUPERVISORS?

Decades ago citizens decided the way to raise revenue for local gov’t was to tax personal property, land, homes, and various other forms . What seemed to appear equitable has today morphed into a quagmire of selective exemptions and special tax breaks . At every level of gov’t (including local ) the tax code has become the “ dirty currency “ of politicians. Will the King William B.O.S address this in the 2016/17 budget ? Perhaps a reminder of how far out of balance local tax policy has become is a good place to start.

Land Use Tax Exemptions allow for generous reductions in the taxes paid on property that falls into 2 classes, Agricultural and Forestry. Land Use Tax Exemptions reduce revenue the County would otherwise collect by 1 million dollars a year. That shortfall is made up elsewhere, reflected in the K.W real estate tax rate of .94 per hundred, one of the highest in the entire State. 2 other local tax exemptions also add to this tax shifting , the first being an Exemption from the BPOL tax( Business Professional Occupational License ) that Farmers do not pay, the second is the Exemption from the Business/Machinery/Tools Tax, farmers are also exempted from paying this tax, paid by most other forms of business in King William County.

Just what do these 2 tax exemptions cost in lost revenue to King William , shifting even higher taxes to the remaining tax payers ? I would hope that either the Commissioner of Revenue or the Treasurer could answer that question. Is it warranted to quantify the additional cost shifting that occurs with every tax exemption ? If those receiving the tax break know what it’s value is, shouldn’t KW taxpayers know what it is costing them ? Perhaps the Board should institute a “ cost index”, publicly showing a dollar value for every single exemption. We talk about transparency in government, let’s do something about implementing it.

Add Federal Farm Subsidies ( 1995—2012) over 17 million in Federal tax dollars taken from tax payers and going to the Top 20 Farms in King William, subsidies for Crop Insurance ( some .68 out of every $1 ) paid by other tax payers, the Farm Use Vehicle Tag Exemption ( those pesky fees the rest of us pay DMV ) it is fair to say that the tax load at the local level is out of balance, favoring 1 small distinct group at the expense of the remainder of King William Citizens.

Do the Supervisors have the backbone to do something about this ? November’s election was about Taxes and Spending, any attempt to describe it otherwise is fool hardy. Voters threw out 3 incumbents who defended the status quo. Should this Board fail to address what is no longer defensible King William citizens will know the courage wasn’t there to do so . We have already reserved the paid ad space.

Bob Shannon Central Garage

 

About Tom White

Tom is a US Navy Veteran, owns an Insurance Agency and is currently an IT Manager for a Virginia Distributor. He has been published in American Thinker, currently writes for the Richmond Examiner as well as Virginia Right! Blog.

Tom lives in Hanover County, Va and is involved in politics at every level and is a Recovering Republican who has finally had enough of the War on Conservatives in progress with the Leadership of the GOP on a National Level.

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Tom White Says:

Nothing is more conservative than a republican wanting to get their majority back. And nothing is more liberal than a republican WITH a majority.

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