How Much $$$ Will Swapping The M&O Property tax for an Energy Sales Tax Save YOU?

School maintenance and operations property tax (M&O rate/$100 of valuation)

M&O Rate / $100 valuation$

House assessed value $

Property Tax $

Gasoline Sales Tax (8%)

Miles driven per year

Miles per gallon

Price per gallon $

Cost of fuel $

Sales tax $

Electric + heat Sales Tax (8%)

Yearly electric + heat bill $

Sales tax $

Savings = Total Property Tax - Total Energy Sales Tax $