Cook County News Herald

Property taxes are deductible




As I listened to the WTIP forum of school board candidates on the First Thursday
program, I heard concern about the tax impact of the proposed operating levy. Nothing was said about any relief.

I checked with Braidy Powers, county treasurer, who confirmed that the levy would be included in our real estate property taxes. Further, property taxes are deductible in both federal and state tax returns.

The proposed operating levy for School District 166 is tax deductible. A parallel exists with charitable contributions being tax deductible.

I will be voting “yes” in support of the levy because I agree to the need for it. Tax deductibility is a further incentive.

Ironically, the decline in federal and state funding for our schools will be partially offset by federal and state income tax subsidies.

Doug Sanders
Grand Marais



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