Tuesday, August 4, 2015

Former lawmaker calls for constitutional cap on tax assessments

Former state representative Ed Lindsey recently wrote that, “The General Assembly needs to put a constitutional amendment to limit property tax assessments on the ballot in 2016” in a Peach Pundit blog post. Mr. Lindsey is calling for “limiting annual increases to no more than 3% or the rate of inflation, whichever is less.”

Atlanta Journal Constitution columnist Kyle Wingfield made a similar proposal a couple of weeks ago for a 2.4 percent cap on annual assessment increases.

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