Sunday, August 18, 2013

a way to ignite people's tax burden

Property tax is a tax on real estate, ships, aircraft or other immovable property, such property owners pay. The tax base is determined, the value of the property. Property tax relief, the government provided to the owners of their property, who pay taxes is a kind of savings or refund. This is a way to ignite people's tax burden.
Many countries have passed legislation, introduced a variety of measures, to provide some relief property tax or other forms of residents. For example, the state of California to provide property tax relief taxpayers are damaged or destroyed their property. This method is suitable for the real estate, commercial equipment, mobile homes, boats and planes. Property tax exemption and reduction of evaluation by most project. In the state of New Jersey, from the increase in property tax relief to mail the check, in the summer of 2004, as part of a fair and emergency relief program, about 1300000 residents to benefit. Up to $1200 cheque mailed to homeowners who aged 65 or above, with a total income of 100000 yuan or less. The total revenue of $100000 and tenants also benefits from the tax saving room check. The tax cut bill signed into law, 2004, Pennsylvania governor Rendell, proposed by revenues from gaming, a resident of the state of Pennsylvania to provide property tax relief.
Under normal circumstances, property tax relief provided by different categories. Classification of common homestead exemptions senior real estate tax, personal income tax credit for first-time buyers, personal income tax, property tax credit, low income, long-term owners tax credit terms. Property tax relief to help reduce the burden of all residents. It does so, especially in the elderly cases, low - and moderate income families.

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