An irresistible source of borough revenue
To the Editor:
I find it inconceivable that anyone in Petersburg would even consider voting “yes” for the borough petition which gives the Borough Assembly the power to levy personal property tax without a vote (page 4, subsection 11-B). This would include taxing cars and private and commercial boats.
Because fishing is so vital to the local economy many believe that the possibility of personal property tax on boats is very remote. But how remote is it when borough costs are projected to exceed the revenue gained by forming the borough? Where will the...
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