Debra Medina Explains Position on Eliminating Property Taxes

FOR IMMEDIATE RELEASE

Eliminating Property Taxes: It CAN be done

WHARTON, TX, Monday, February 1, 2010 – In the race for governor, there is one candidate who is promoting ideas to secure private property and solve economic problems in Texas.  Her name is Debra Medina and she is being met with friction from those who claim that the elimination of property taxes is not a realistic goal.

In true Medina style, she doesn’t give up. She stands by her idea stating, “If we can lose our property to government, then we don’t really own it. We are just renting and property ownership is fundamental to freedom”  

To give credence to her argument she points to an article printed on January 31, 2010 in the Star Telegram written by Talmadge Heflin, director of the Austin-based Center for Fiscal Policy at the Texas Public Policy Foundation and former chairman of the Texas House Appropriations Committee.  Heflin lays out the plan and states very directly that eliminating property taxes is a realistic and very feasible goal.

Heflin says, “By broadening the sales tax base and adjusting the rate, “lost” property tax revenue could be replaced with additional sales tax revenue, thereby getting rid of the need for property taxes.”

“A major burden on homeowners and businesses could finally be lifted – and would require only relatively modest changes.”

“Whatever policy makers decide, their research clearly shows that abandoning the property tax system is not only possible, but it is relatively simple. And there are a number of economic incentives to do so.”

You can read the whole article here:  www.star-telegram.com/242/story/1936141.html.

Eliminating property taxes means if you own your home, no taxing entity can take it from you and you save a lot of money over the years. If you rent, the trickle down from the owner would lower your payment substantially. If you lease or own business property it would mean that you can lower the cost of goods and services as well. It is a win-win situation to families in Texas.

“I understand why people have been so doubtful of a new idea from a candidate running for office,” quoted campaign manager Penny Langford Freeman. “They are used to the career politicians making campaign promises and never following through. This is different. This is an idea coming from a real business owner who understands the fundamentals of freedom, which is what the Debra Medina campaign is all about.  She is already doing the leg work necessary to make sure the legislation will make it to her desk once she is elected.” (END)