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Monday, May 12, 2008

Newspaper: Slots not the answer to property tax relief

Pennsylvania politicians (especially those seeking re-election) will soon take credit for delivering property tax relief from casino revenues.

But as The Mercury says in an editorial today, "the amount of money to be returned to homeowners is pennies compared to the weight of property tax bills."

The newspaper continues:
If slots revenues were supposed to solve the property tax burden and school funding shortfalls in Pennsylvania, the plan fails. The slots revenues are a Band-aid — and a small one at that — on a much larger wound. Slots are not the answer to Pennsylvania’s property tax/school funding problem. Only a complete overhaul will do.
Read the full editorial, "Slots revenue refund does little to ease property tax burden," in The Mercury.

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