The white paper linked here(click here) discusses the use of income data to create the grand list used in municipal tax assessment. In short, the paper sites several advantages in using existing income data collected by the several states and the federal government in the computation of municipal taxes. These advantages include: reduced costs to taxpayers; more equitable distribution of the tax burden, with considerable relief to the middle class; lowered pressure on agricultural land and open space; and decreasing impediments to social mobility.
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