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– News about Quincy from Quincy Quarry News.
City Hall closes early again – this time for the long New Year’s holiday weekend. Its most recent early closing was on the Friday before the long Christmas Holiday weekend.
Granted, Quincy Quarry loves to party as much as do most others; however, closing up Quincy’s City Hall early on Friday so precluded local property owners from paying their 2018 local property tax bills early so as to endeavor to (legally, ed.) circumvent President Trump’s new tax bill which has capped the itemized deducting of state and local taxes (“SALT”) at $10,000 annually starting in 2018.
Heading out early to party hardy?
A City of Quincy website graphic
Is Quincy really “A City on the Move”???
An Iconic Quincy Quarry News file photo
Then again, actually finding any parking anywhere near City Hall these days – much less finding any entry way to it given the interminably long ongoing construction going on to and around it – pretty much makes stopping by City Hall to effect prepayment on one’s 2018 local property tax a near Mission Impossible.
Plus, per a quick Quincy Quarry phone survey, no one so queried had received their 2018 property tax before the end of 2017 and which was needed before the end of this year to prepay on on one’s 2018 tax bill.
Say what?
A John Ernest/Reuters
Fortunately, Quincy Quarry would like to suggest to those who are looking to blow past the $10,000 SALT cap in 2018, there are ample reasons to suggest that Washington’s limiting of the SALT deduction on federal income tax returns may well end up invalidated in courts as unconstitutional.
If so, such would – in turn – blow a massive hole in federal income tax revenue for at least 2018 until such time as possible thus needed corrective legislation might be passed into law.
Needless to say, count on Quincy Quarry to follow this potentially huge possible story as well as with the stones only the Quarry has when it comes to reporting the news.
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As much as we would love to blame City Hall for not helping taxpayers to pay their 2018 tax bill early, it’s probably wise that it didn’t. The City has never expedited tax bill mailings before and if it moved up this January’s tax bill mailing into December, doing so surely would have come at a cost and likely face a legal challenge.
Had City Hall did so, would it be to encourage people to pay their bill early to avail themselves of a loophole? Aren’t loopholes been something that we’ve been led to believe are meant for the wealthy? You know, the people we’ve been encouraged to hate.
Also, had the bills been mailed early, how many people would have a tax bill of $2500 or more? How many would have put down the clicker and gone to City Hall to make the payment?
If anyone with a tax bill of $10,000 or more hadn’t already gone to City Hall to make an early payment, then too bad for them. It’s not the City’s job to help anyone save on their federal taxes.
Plus, City Hall can’t manage the city budget or Quincy taxpayers’ concerns as it is and thus it’s best that the City stay out of the SALT issue. Aren’t city officials already in over their heads?