By: Austin Jackson
Collier promised to close up a ‘$5 billion’ property tax loophole if elected. He’s been invested in reforming the Equal and Fair property tax law for years.
Collier said Equal and Fair unfairly permits commercial property owners to group buildings with less expensive ones across the state, pushing their property taxes lower.
“[Closing the loophole] is the only thing I’ve committed to doing in my first term as Lieutenant Governor,” Collier said. “Why? Because it’s real. It’s documented and it’s not raising taxes. We’ll close that loophole, recover that $5 billion in four years. And if there’s more to be done, I’ll propose it when I run for re-election.”
Read more at: wcmessenger.com