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Essay Galaxy - The Automobile Tax The Automobile Tax

The editorial I chose this week is entitled “Automobile Tax – Equity issues outweigh lost revenue.” The article reveals that this tax brings in more than fifteen million dollars to the municipal treasury each year. This tax places the honest taxpayers in a bind where the collection rate of the tax is 75%. Dallas’ city council members decided to get rid of the automobile tax in favor of a higher property tax. This decision would result in a temporary loss of revenue to the city. The members feel that the long-term plan will “outweigh the temporary loss.” The members were told that if the automobile tax was not cut, they would have to extend the tax to vehicles that are older than eight years. This would make the tax even more difficult to collect. The members feel that getting rid of the tax and slightly raising property taxes could greatly reduce this collection p....

Number Of Pages: 2 Number Of Words: 536

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