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- Comparisons of Local Tax Burden
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- Is tax fairness a problem in our community?
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What about fairness?
Local tax structure has many inequities
by Rodney Berry
Comparisons of Local Tax Burden Owensboro-Daviess County 2006
Assumptions:
- Married couple earns $50,000 in combined gross income at age 25 and receive a three percent annual raise through their 40-year working life. Both spouses work in the same area (either city or county).
- The couple buys a $65,000 house at age 25. At age 40, they buy a $100,000 house.
- The couple owns two $20,000 automobiles at age 25. Every 10 years, they replace their cars with vehicles that have an additional value of $5,000 each.
- Occupational and property tax rates remain at the current level.
*Includes city and county occupational, real estate, personal property and school taxes. Does not include health, library, insurance and extension office taxes because those taxes are uniform throughout the city and county regardless of where one lives or works.
|
Lives |
Works |
Schools |
Local Annual Taxes* |
Local Work Life Taxes |
Couple A |
City |
City |
City |
1,818 |
112,493 |
Couple B |
City |
City |
County |
1,649 |
103,333 |
Couple C |
City |
County |
City |
1,403 |
81,201 |
Couple D |
City |
County |
County |
1,234 |
72,041 |
Couple E |
County |
City |
County |
1,360 |
87,701 |
Couple F |
County |
County |
County |
945 |
56,410 |
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