Mayors: Senate commercial property tax cut protects homeowners

Mayors across Iowa are asking the governor and Legislature not to cut commercial property taxes in a way that shifts property taxes from commercial property owners onto the backs of homeowners.
Op-Ed from the Cedar Rapids Gazette
“…While we are supportive of efforts to equalize the costs of local government services, we believe most of the current proposals offered will simply shift the property tax bill from commercial property owners to homeowners.
“The proposals advocated by the governor and the Iowa House shift the entire tax burden to local governments. This is why we support an approach that more closely resembles the plan passed out of the Iowa Senate last year…”
Tags: Commercial property tax cut, property taxes, tax shift

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