Senator Scavello has introduced his property tax bill, which states it is "...for the imposition of a Statewide personal income tax; authorizing the imposition of a personal income tax or an earned income tax by a school district subject to voter approval; providing for school property tax exclusion; and making repeals." But reading the actual text of the bill*, IT IS REALLY A STATEWIDE ABILITY FOR A SCHOOL DISTRICT TO ELECT TO IMPOSE A LOCAL INCOME TAX to displace their property tax. This is NOT a statewide personal income tax bill. The state will collect the tax but it is up to the local school board to decide to do this and then put it up to a vote among the voters of the district.
This just moves the local property tax to a local income tax within that school district. Won't that drive small businesses out of the district if the nearby districts don't do this? Business owners still have to pay property tax and pay a higher income tax.