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Opinion


Count on further debate on property tax reform

July 31, 2006

There is no free lunch! At least that’s what someone said a long time ago and nobody’s ever proved him wrong. Whoever said it, of course, knew of what he spoke. Nothing, lunch or anything else, comes without a cost. The same person may not always pay, to be sure, but somebody is going to pay. That, as they say, you can take to the bank.
It was logical, then, that when the South Carolina Legislature started talking about property tax reform to give homeowners a break on their taxes, no matter what decision was finally made somebody was going to pay.
There has been a push for changes in the property tax system for some time. Unfortunately, when lawmakers take up an issue there’s no telling what will happen.

OF COURSE, THERE WAS A level of “reform” approved by state lawmakers in their last session. As might be expected, it immediately drew fire from a variety of directions. Many homeowners were pleased. However, others were not. It should have been clear to all that with such a divide among the people of the Palmetto State the Legislature hadn’t seen the last of the property tax debate.
Now, many business owners say the “reform” was too much. They argue that it shifted too much of the burden of paying for schools onto them. That cost has been paid by property taxes.

SO, HOME OWNERS BE PREPARED and forewarned. Now many in the business community and some others want to change back. They plan to push for a reversal when the Legislature gets back to work.
Needless to say, some school districts, if not all, are not happy with the changes. It appears, then, that the property tax situation is far from settled, regardless of what has been done.
So, taxpayers, don’t count on that property tax break you thought you had. When a tax is concerned - any tax - the lay of the land can change quickly ..... and does.
Once again, though, be prepared. Nothing comes free. Somebody is going to pay.
Who will it be next time?



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