HomeMy WebLinkAbout1972-06-12 206-Z ORDER206-Z Introduced by Councilor Henderson, awe 12, 1972 CITY OF BANGOR (TITLEJ (PrUr, Directing the City Manager to Prepare a Report Regarding the Feasibility of a City Lncome Tax By the City Cowani oftU Oky ofBa . ORDERED, THAT WHEREAS, taxation should be based primarily on the citizens' ability to pay, WHEREAS, the current real and personal property tax systems do not accurately reflect the taxpayers financial abilities, especially those who receive fixed incomes, WHEREAS, the property tax system has been pushed virtually to the limit of public endurance, WHEREAS, a tax based onincome rately reflects the ability to pay amongbothrindividuals and corporations, WHEREAS, the Maine State Legislature has sole authority to reduce the effects of the local property tax system, WHEREAS, a special interim legislative committee to study Maine's tax structure will soon begin its investigations, WHEREAS, an undue reliance o"revenue sharing" reduces local autonomy from both national and state governments by transfering the taxing power away from local citizens and toward those higher levels of government, HE IT THEREFORE ORDERED THAT the City Manager prepare a report to the City Council outlining the feasibility of 1) substituting a city income tax for a major portion of the property tax and, 2) collecting such tax through the fisting state income e tax mechanism by a method suchasaddition of city llsuachargeTl which is automati- cally refunded to the city by the State of Maine. 206-Z RECEIVED 1972 ,ION -8 AN If: 54 0 R n E R CITY CLERK'S OFFICE Tine, CITY OF gA4rON MAINE 91i4SL'Og.Sity,gfgnqgeq, to erepg lxlugrc done 12, 1972 Rear in Feasi®ility of City Income Tax Indefinitely Postponed by the g" "'9.............. ' e oxfwing yes and novote: Councilors voting yes: Ballou, Bigney, Brountas, Cohen, Gass, Mooney, Needham. Councilors Introduced a led by voting no: BaLaacci, Henderson. � C INCV 'S led HIX