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May 4 election: Powell voters give overwhelming nod to income-tax measure


May 4 election: Powell voters give overwhelming nod to income-tax measure
City Manager Andrew White called the measure a “restructuring,” saying approximately 80% of residents would benefit from the credit.
Council member Tom Counts acknowledged that a portion of residents would see the full increase but asked that this be viewed “as a necessary piece of a much larger jigsaw puzzle that has long-term benefits to the city.”
Mayor Frank Bertone said the current tax rate has been in place for roughly 30 years and that the restructured tax is a “critical component needed for our community to grow.”
Bertone said Powell residents who also work in Powell would see the full increase from 0.75% to 2 %, but those who live in Powell and work elsewhere “stand to have a positive or neutral impact” on their income-tax bill. That’s due to the credit increase, meaning residents would pay income tax to Powell only if they are taxed below 2% in the municipality w ....

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