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Rickie Williams: Either a payroll or insurance tax, not both

Comments about: Council adopts recommendation to implement new tax, tax rate

New "Occupational License Tax" ordinance will leave insurance tax at present rate, but dramatically lower real estate and personal property rates.

I am unsure of your definition of something being "dramatic," but a savings to the owner of a property assessed at $80000 falling from $210 (at the current .2625 per 100 rate) to $184 (at the new proposed .23 per 100 rate) . . . a savings of $26 whole dollars . . . is not exactly what I refer to as dramatic.

In my opinion, the city needs to make a choice: Either a pay roll tax or the insurance tax, but not both.

Thanks, Rickie Williams - for calling my hand. In all fairness to Councillor Parson, she gave both figures orally in the meeting and it slipped past me. I relied on the graph in the presentation and handout - the impact of the blue bars for before and after. Again, I didn't catch that the tiny increments in the graph which made it appear to be a huge drop until one looks at the value of the numbers. An edit is called for, to delete the adverb "dramatically." - ED WAGGENER




This story was posted on 2014-08-20 10:23:56
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Proposed tax graphic showing Real Estate, Personal Property



2014-08-20 - City Hall, 116 Campbellsville Street, Columbia, KY - Photo Photo of graph presented by Tax Committee. Citizen Rickie Williams questioned CM's use of the word "Dramatic" in describing the reduction in real estate and personal property tax before and after the proposed Occupational License Tax (Payroll Tax) Ordinance is written. The word was inspired by the size of the blue bars in a graphic presented by the committee. The figures are accurate. The visual impression was the inspiration for calling the real estate and personal property tax "dramatic." - ED WAGGENER
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