One of the biggest supporters of a cut to the county’s insurance premium tax is Silver Creek Transportation owner Jason Cowan.
Silver Creek has a fleet of 75 road tractors and 210 trailers and all need to be insured, which according to Cowan is one of the company’s biggest liabilities. With Henderson County’s current 9.75% insurance premium tax, Silver Creek paid around $107,000 in the most recent fiscal year, Cowan said.
When Cowan saw that the Henderson County Fiscal Court will cut the tax in half—which will bring down Silver Creek’s tax bill to $50,000-plus—he reached out to the Hendersonian…