Explaining that tax increase

September 5, 2012
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An explanation today on the pocketbook impact of that Oconee County school tax increase that’ll show up in the bills that are to go out in the mail this fall. On his blog, County Superintendent of Education Mike Lucas says the increase of 8.7 mills will have no effect on the homeowner for an owner-occupied property. The reason? “Local property owners receive a tax credit for school operational taxes on their annual bill from sales taxes in the state,” Lucas says. But if you own something else—such as a car, an airplane, a boat—that’s where you’ll feel the bite.

 

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