In the heart of Ohio's 89th House District, a beacon of change rises in the form of Steve Kraus. With a resolute spirit, Steve presents a visionary plan that champions the essence of homeownership, economic growth, and compassion for the citizens he seeks to represent.
Steve's proposal for property tax reform reflects a deep understanding of the challenges faced by homeowners, businesses, and the agricultural community. Under his plan, up to 10 acres of residential land would be exempt from property taxes, fostering a sense of ownership and stability for families. For commercial real estate, the tax burden remains unchanged, ensuring fairness and sustainability in the business sector.
Recognizing the vitality of new businesses, Steve introduces a bold incentive – a three-year exemption from property taxes on the first 100 acres of land for non-agricultural ventures. This encourages entrepreneurship, boosts economic development, and breathes life into local communities.
Steve extends a compassionate hand to farmers, exempting up to 250 acres of agricultural land from property taxes, benefiting those who work tirelessly to feed both humans and livestock. This does not extend to crops used for fuel or other commercial purposes. The proposal distinguishes between small-scale, family-owned farms and larger industrial operations, ensuring fairness in taxation.
To replace the anticipated revenue shortfall, Steve introduces a sales tax on insurance premiums for all real property. This innovative approach not only simplifies the assessment process but also involves the private sector, with insurance companies assisting in tax collection and distribution. This revolutionary step reduces the burden on county auditors and allows individuals to truly own their properties, unencumbered by the perpetual nature of property taxes and assessments.
Steve's plan is more than a fiscal adjustment; it's a compassionate initiative that aims to protect thousands of poor and elderly Ohioans from the threat of losing their homes due to tax burdens. By reducing the need for shelters and other social support programs, Steve envisions a community where homeownership is a beacon of stability, fostering prosperity and compassion.
In Steve Kraus, Ohio's 89th House District finds a dedicated advocate, combining patriotic fervor with a compassionate heart, striving to build a future where every citizen can proudly call their property their own.
OHIO'S PROPERTY TAXES ARE VERY HIGH! IT'S TIME FOR REFORM!
Ohio has the 9th highest property taxes in the nation
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PAID FOR BY FRIENDS OF KRAUS - NORBERT O'BRIEN TREASURER