Let’s keep it simple. Why should a small business’s property tax double the amount of the previous owner simply because he/she purchased the business 2009?
A major feature in the property tax reform legislation of 2006 was the cap on re-assessment. However, the cap does not apply when the property changes ownership. This “un-capped” assessment creates a tremendous inequity on property tax rolls. This new multiplying tax bill has discouraged investment in industrial development and is hurting the already struggling real estate market.
The “un-capped” assesment still affects the homeowner and I regret S. 3272 doesn’t address the homeowner. However, the homeowner did recieve property tax relief in 2006 and commercial property did not.
We can’t allow this reaping of excess tax dollars at the expense of South Carolinia businesses simply trying to live the American dream! from itsjustnotfair.org



One strategy the Democrats used in the debate was thrusting a stack of amendments on the desk just to bog down the Senate. There were over 48 “gotcha” amendments dealing with everything from the right of religious expression to the right to vote. A “gotcha” amendment addresses an issue that most people would agree with yet would not like to be on record voting against. For example, voting against a freedom of religion amendment would have been necessary to keep the focus of the sovereignty resolution on the 9th and 10th amendments. Taken out of context, “gotcha” votes often are used as political ammunition.