PAINESVILLE TOWNSHIP – Eliminating property taxes would create a nearly insurmountable funding challenge for local governments and prove catastrophic to continued public services, according to remarks made by local officials during a Wednesday, Feb. 25, presentation at Riverside High School.
The Committee to Abolish Ohio Property Taxes is engaged in a signature collection drive to place a constitutional amendment on the November ballot that would ask voters whether or not to bar the collection of an estimated $24 billion in local real estate property taxes statewide.
“Property taxes are a lifetime debt that threaten home ownership security,” a committee press release stated. “Rising taxes can, and do, force families, especially seniors on fixed incomes, into foreclosure and homelessness. Ending property taxes means permanent ownership and the ability to pass homes on to future generations without fear of losing them to tax bills.”…