For most Americans a home is their greatest asset and is so much more than walls and floors.

When we buy a home we buy what we can afford, we become part of a community, we pay our fair share for community services, and we should be allowed to stay until we decide to leave.

Instead, after revaluation it is common for some owners' taxes to rise so high they are forced to leave. And the tragedy is that most of their tax increase is used to offset the reductions thousands of other owners receive. It is grossly unfair and it is unnecessary.

We accept this unjust result because we are used to the idea that taxing market values is the fairest and best way for everyone to pay for services.  IT IS NOT.

Under the R.I.G.H.T. plan all existing owners will share in the tax increase by getting the same percentage increase, much as we do in every non-revaluation year. New owners would pay their initial tax bills exactly as currently and, going forward, will enjoy the same fair treatment as all existing owners.

Tax bills would never increase more than the cap on the tax levy.  If it's fair to limit the growth in the tax levy isn't is fair to limit the growth in our tax bills as well?

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Rhode Island Gets Honorable Taxation
R.I.G.H.T. © 2006

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Email
Harvey Waxman
73 Wright Lane
North Kingstown, RI 02852
401 294 1236

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