Thursday, June 28, 2007

I told you Fort Wayne Mayor Dick Lied on the State

From the Indystar:

The legislature, which ended its annual session on April 29, provided some $550 million in property tax relief over the next two years, including $300 million that will be returned to homeowners in the form of rebate checks later this year. (bold and italic added for emphasis.

But guess what? The rebate checks are for those who pay up front. Meaning the folks in the Aboite area more than likely have mortgages on their homes. So, the mortgage companies will disperse the tax amount throughout their yearly mortgage payment. But the rebate check require a payment within a certain time period.

So does this mean, the folks will have to pay their taxes and the increase in their mortgage payment to get the state rebate?

Is that double taxation without representation?

Here the link to calculate your tax bill.

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