I recently read in the News-Journal "that both of us (city and county governments) are struggling financially." How can that be when less than two years ago there was a major tax increase for all people either living or working in the city?
The majority of revenue for our local governments comes from taxes, taxes, taxes and 13 more taxes. Here is a list:
Those living in the city pay these taxes:
1. Occupational tax.
2. Real property tax.
3. Tangible tax (fixtures, equipment, inventory).
4. Motor vehicle tax.