NEW WEBSITE LETS VOTERS CALCULATE THEIR TOTAL TAX BURDEN UNDER RILEY PLAN
MONTGOMERY, Ala-- Alabama taxpayers can now see how much Gov. Bob Riley's $1.2 billion tax plan will cost them thanks to a new website by the Tax Accountability Coalition.
The website, www.RileyRate.com, allows taxpayers to calculate what their taxes are using current tax rates and compare that to what their total tax burden will be under the "Riley Rate." The Tax Accountability Coalition said this is the first website that allows taxpayers to calculate their total tax increase.
The RileyRate.com calculator takes into account proposed property tax and income tax increases as well as Riley's plan to: raise taxes on vehicle and appliance repairs, raise recording fees for mortgages and deeds, raise sales taxes on cars and boats, raise taxes on cigarettes, raise taxes on vehicle leases, and raise the taxes Alabama residents pay when they purchase or renew their vehicle license tag.
RileyRate.com also includes news reports about the tax increase, a concise breakdown of the total tax package, the wording that will appear on the Sept. 9 ballot, and articles about how the plan will affect individual taxpayers and the state as a whole. The website also gives concerned citizens an opportunity to get involved by volunteering, posting comments to the site, emailing their friends about the calculator or contributing to the Tax Accountability Coalition via a secure online credit card transaction.
Alabama voters will decide Sept. 9 whether to approve Riley's $1.2 billion tax increase, which he says is needed to plug a $675 million shortfall in the state's general fund and education budgets. The Tax Accountability Coalition said the site will be continually updated between now and the Sept. 9 referendum.