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Show Arguments for Arguments Against Property taxes on cars, boats, and airplanes are not fair! Our constitution currently requires all property to be taxed according to its market value. For some kinds of property, particularly cars, boats, and airplanes, this requirement means taxes are often too high and unfair. For example, two identical vehicles may be assessed vastly different taxes, depending on where the owner chooses to register the vehicles. Proposition 1 would amend the constit ution so a uniform licensing fee could be imposed for motor vehicles, boats, and airplanes in place of the cumbersome property tax. No opposing argument was requirement established by law. Proposition 1 would encourage compliance with the law! The constitutional requirement that all property must be taxed according to market value means that taxes on motor vehicles and airplanes are comparatively high. In addition, Utah law requires that vehicles and planes used in the state be taxed in Utah. Because of the high taxes, many owners register theirvehicles and planes outside of Utah and avoid obeying the law. Proposition 1 will amend the constil u tion so a reasonable registration fee could be imposed in place of the property tax. As a result, people would not le encouraged to break the law. They would properly register theirvehicles in Utah. Actual tax revenues would increase if people complied with the law. The present system is difficult to administer. The present property tax system for cars, planes, and boats is very difficult to administer. Under the current system, there are over 500 different tax rates which may be used to determine the taxes on identical vehicles. A standard registration fee would be much easier to understand and to administer. Proposition 1 has broad support! Those involved in administering the property tax have long felt a change was needed for motor vehicles, boats, and airplanes. The legislature passed Proposition 1 nearly unanimously. In addition, many other states are now using registration fees in place of property taxes. Vote FOE Prop'isil.ion 1 ! Senator Charles W. Bullen 1G24 Sunset Drive Logan, UT M.'!21 7- submitted within the time |
