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Message: <blockquote data-quote="jer79" data-source="post: 420738" data-attributes="member: 573">if it was for primary residence only i'd be 100% on board. The commercial and rental property owners and the grain farmers who get subsidized to the point that they are not allowed to fail through our federal tax dollars and don't pay taxes on their homes now will be the biggest beneficiaries. The second will be out of state investors buying rental homes, apartment and commercial properties. Third will be wealthy professionals from out of state who buy a quarter of land to hunt. Or 50 something year olds from out of state that hate their jobs and can sell their home for a good profit  and have a meager retirement  and buy modest homes here and then they live on a fixed income, never spending a dime at any local businesses or making improvements to the property ( a friend of ours from Idaho spoke about what the Californians did to their area).I hate never owning my property as much as the next guy and spending is out of control. My fear is that to make up for the loss our sales tax will go to 8 or 9 or 12 percent or more. An increase in sales tax will only harm all of us who actually live here and spend money to live here.Farming is a business it is meant for profit, rental properties are a business, etc. Our homes are not a profitable asset or purchase in most circumstances. It is to provide shelter and a place to raise a family. The cost to maintain and improve is usually a horse a piece by the time you sell it if you ever do, with no tax advantages, unlike commercial properties and ag land.</blockquote>

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