WLTX-TV Columbia, SC                            
   
 
GO BACK
MAKE WLTX.COM YOUR HOMEPAGE
Add WLTX to your Google Toolbar
ADD TO FAVORITES
PRINT THIS PAGE
CLICK HERE TO SEARCH
 
 
 
Property Tax Relief May Be On The Way

Video
Governor Mark Sanford sign the property tax relief bill.

E-mail This Article
   Printable Version
(Lexington)- David and Brenda Jones say they're the average family. But with a set of two-year-old twins and four-year-old triplets, most would agree they're a little more than average.

“It's a handful, it's pretty hectic,” David said, “Of course I work a full day on the job so she bears the brunt of it during the day and then I come home and try to help out the best I can.”

David says the ever-increasing property taxes on his home have put a major strain on providing for his family. “It just keeps going up every year. In the past five years our property taxes have gone up 66%.”

But Governor Mark Sanford signed a bill Saturday that should relieve some of that strain. It eliminates the school operation portion of property taxes for homeowners. A 60% cut that will be made up with a 1% sales tax increase.

Critics of this bill say a sales tax increase will hurt more than it helps when it's time to go to the store. But legislators say, along with property tax relief, this bill will also give you a 40% tax break when you're shopping for your family's groceries.

“I spend a lot of money on groceries, you know 8 gallons of milk adds up quickly,” Brenda said.

“It takes a lot of money over the years of paying for those diapers, paying for that baby food, it takes those things to build a family,” Governor Sanford said, “This bill goes towards helping those families hang on to what they've got.”

While the Jones say this should keep them from bending over backwards to pay their taxes, they know it won't be a cure all.

“I don't expect everything to just be a magic pill that is going to take everything away now, but it's a step in the right direction.”

Voters will have to head to the polls for this to become an amendment to the State Constitution. If it becomes law, the property tax relief will begin in June 2007, as will the sales tax increase. But you could see the grocery tax relief as early as October.

 Lewis Turner, Reporter  

 Updated: 6/11/2006 9:53:02 AM